Global Star Acquisition (GLST) Short Interest Ratio & Short Volume

Short interest is the volume of Global Star Acquisition shares that have been sold short but have not yet been closed out or covered. As of July 31st, investors have sold 200 shares of GLST short. Learn More on Global Star Acquisition's current short interest.

Global Star Acquisition currently has issued a total of 2,910,000 shares. Some of Global Star Acquisition's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Global Star Acquisition currently has a public float of 4,600,000 shares.

Here is how the short interest of companies in the industry of "trading" compare to Global Star Acquisition: Pyrophyte Acquisition Corp. (0.01%), Great Ajax Corp. (0.32%), Evergreen Co. (0.03%), ESH Acquisition Corp. (0.07%), Blue Ocean Acquisition Corp. (0.00%), Scully Royalty Ltd. (0.13%), RCF Acquisition Corp. (0.00%), ACRES Commercial Realty Corp. (0.70%), Zalatoris Acquisition Corp. (0.01%), byNordic Acquisition Co. (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling GLST is an investing strategy that aims to generate trading profit from Global Star Acquisition as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Global Star Acquisition occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GLST, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GLST, twice per month. The most recent reporting period available is July, 31 2024.