TMT Acquisition (TMTC) Short Interest Ratio & Short Volume

Short interest is the volume of TMT Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 300 shares of TMTC short. Learn More on TMT Acquisition's current short interest.

TMT Acquisition saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 300 shares, a decrease of 72.7% from the previous total of 1,100 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.

TMT Acquisition currently has issued a total of 6,430,000 shares. Some of TMT 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. TMT Acquisition currently has a public float of 6,390,000 shares.

Here is how the short interest of companies in the industry of "trading" compare to TMT Acquisition: Industrial Logistics Properties Trust (3.12%), NexPoint Real Estate Finance, Inc. (0.74%), Spring Valley Acquisition Corp. II (0.02%), Cartesian Growth Co. II (0.00%), Alpine Income Property Trust, Inc. (0.59%), Silvercrest Asset Management Group Inc. (0.45%), Transcontinental Realty Investors, Inc. (0.56%), City Office REIT, Inc. (0.79%), Concord Acquisition Corp II (0.04%), Forge Global Holdings, Inc. (3.51%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling TMTC is an investing strategy that aims to generate trading profit from TMT Acquisition as its price is falling. TMTC shares are trading down $0.16 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 TMT 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 TMTC, 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 TMTC, twice per month. The most recent reporting period available is October, 15 2024.