TLGY Acquisition (TLGY) Short Interest Ratio & Short Volume

Short interest is the volume of TLGY Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 100 shares of TLGY short. Learn More on TLGY Acquisition's current short interest.

TLGY Acquisition currently has issued a total of 9,470,000 shares. Some of TLGY 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. TLGY Acquisition currently has a public float of 3,720,000 shares.

Here is how the short interest of companies in the industry of "chemicals" compare to TLGY Acquisition: Luxfer Holdings PLC (0.77%), ASP Isotopes Inc. (14.14%), Arq, Inc. (2.43%), Origin Materials, Inc. (4.35%), Aemetis, Inc. (10.78%), Verde Clean Fuels, Inc. (2.45%), Cibus, Inc. (11.00%), Alto Ingredients, Inc. (1.00%), Loop Industries, Inc. (3.49%), China Green Agriculture, Inc. (0.65%),

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