Sound Point Meridian Capital (SPMC) Short Interest Ratio & Short Volume

Short interest is the volume of Sound Point Meridian Capital shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 5,000 shares of SPMC short. 0.03% of Sound Point Meridian Capital's shares are currently sold short. Learn More on Sound Point Meridian Capital'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. 0.03% of Sound Point Meridian Capital's floating shares are currently sold short.

Sound Point Meridian Capital saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 5,000 shares, a decrease of 32.4% from the previous total of 7,400 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.

Sound Point Meridian Capital currently has issued a total of 0 shares. Some of Sound Point Meridian Capital'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. Sound Point Meridian Capital currently has a public float of 14,610,000 shares.

0.03% of Sound Point Meridian Capital's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Sound Point Meridian Capital: Morgan Stanley Direct Lending (0.15%), Blue Owl Capital Co. III (0.10%), Kayne Anderson BDC, Inc. (0.01%), Bain Capital Specialty Finance, Inc. (0.40%), Trinity Capital Inc. (2.65%), Ares Acquisition Co. II (0.03%), CION Investment Co. (0.13%), Nabors Energy Transition Corp. II (0.03%), Rigel Resource Acquisition Corp. (0.00%), Codere Online Luxembourg, S.A. (2.60%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling SPMC is an investing strategy that aims to generate trading profit from Sound Point Meridian Capital as its price is falling. SPMC shares are trading down $0.23 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 Sound Point Meridian Capital 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 SPMC, 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 SPMC, twice per month. The most recent reporting period available is October, 31 2024.