ExcelFin Acquisition (XFIN) Short Interest Ratio & Short Volume

Short interest is the volume of ExcelFin Acquisition shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 100 shares of XFIN short. Learn More on ExcelFin Acquisition's current short interest.

ExcelFin Acquisition currently has issued a total of 7,289,000 shares. Some of ExcelFin 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. ExcelFin Acquisition currently has a public float of 6,580,000 shares.

Here is how the short interest of companies in the industry of "trading" compare to ExcelFin Acquisition: NexPoint Real Estate Finance, Inc. (0.67%), Transcontinental Realty Investors, Inc. (0.81%), Cartesian Growth Co. II (0.01%), Silvercrest Asset Management Group Inc. (0.43%), Industrial Logistics Properties Trust (2.31%), Alpine Income Property Trust, Inc. (0.44%), Orion Office REIT Inc. (0.88%), Digital Turbine, Inc. (6.07%), Keen Vision Acquisition Co. (0.01%), City Office REIT, Inc. (0.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling XFIN is an investing strategy that aims to generate trading profit from ExcelFin Acquisition as its price is falling. XFIN shares are trading down $2.05 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 ExcelFin 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 XFIN, 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 XFIN, twice per month. The most recent reporting period available is August, 15 2024.