Golden Path Acquisition (GPCOU) Short Interest Ratio & Short Volume

Short interest is the volume of Golden Path Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 29th, investors have sold 400 shares of GPCOU short. 0.01% of Golden Path Acquisition's shares are currently sold short. Learn More on Golden Path Acquisition's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.01% of Golden Path Acquisition's floating shares are currently sold short.

Golden Path Acquisition currently has issued a total of 0 shares. Some of Golden Path 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. Golden Path Acquisition currently has a public float of 4,430,000 shares.

0.01% of Golden Path Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "shell companies" compare to Golden Path Acquisition: Black Hawk Acquisition Co. (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($8.61 billion), Advanced Micro Devices, Inc. ($8.44 billion), Charter Communications, Inc. ($5.26 billion), Canadian Pacific Kansas City Limited ($5.13 billion), Wayfair Inc. ($4.34 billion), Uber Technologies, Inc. ($3.69 billion), Palo Alto Networks, Inc. ($3.35 billion), Teladoc Health, Inc. ($3.11 billion), eBay Inc. ($2.91 billion), and Etsy, Inc. ($2.63 billion). View all of the most shorted stocks.

Short selling GPCOU is an investing strategy that aims to generate trading profit from Golden Path Acquisition as its price is falling. GPCOU shares are trading down $1.17 today. 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 Golden Path Acquisition occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of GPCOU, 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 GPCOU, twice per month. The most recent reporting period available is October, 29 2021.