International Media Acquisition (IMAQR) Short Interest Ratio & Short Volume

Short interest is the volume of International Media Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 51,000 shares of IMAQR short. Learn More on International Media Acquisition's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. IMAQR shares currently have a short interest ratio of 2.0. Learn More on International Media Acquisition's short interest ratio.

International Media Acquisition saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 51,000 shares, a decline of 2.1% from the previous total of 52,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "entertainment" compare to International Media Acquisition: DraftKings Inc. (2.83%), TKO Group Holdings, Inc. (6.07%), Endeavor Group Holdings, Inc. (7.35%), Planet Fitness, Inc. (4.43%), Life Time Group Holdings, Inc. (7.94%), Atlanta Braves Holdings, Inc. (2.83%), Manchester United plc (1.64%), iQIYI, Inc. (10.84%), Rush Street Interactive, Inc. (1.97%), Super Group Limited (0.49%),

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 IMAQR is an investing strategy that aims to generate trading profit from International Media 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 International Media 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 IMAQR, 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 IMAQR, twice per month. The most recent reporting period available is July, 31 2024.