Andretti Acquisition Corp Stock Number Of Shares Shorted
WNNRDelisted Stock | USD 10.60 0.02 0.19% |
Andretti Acquisition Corp fundamentals help investors to digest information that contributes to Andretti Acquisition's financial success or failures. It also enables traders to predict the movement of Andretti Stock. The fundamental analysis module provides a way to measure Andretti Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Andretti Acquisition stock.
Andretti |
Andretti Acquisition Corp Company Number Of Shares Shorted Analysis
Andretti Acquisition's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Andretti Acquisition Number Of Shares Shorted | 5.54 K |
Most of Andretti Acquisition's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Andretti Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
CompetitionBased on the recorded statements, Andretti Acquisition Corp has 5.54 K of outstending shares currently sold short by investors. This is 99.9% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The number of shares shorted for all United States stocks is 99.88% higher than that of the company.
Andretti Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Andretti Acquisition's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Andretti Acquisition could also be used in its relative valuation, which is a method of valuing Andretti Acquisition by comparing valuation metrics of similar companies.Andretti Acquisition is currently under evaluation in number of shares shorted category among its peers.
Andretti Fundamentals
Return On Asset | -0.0319 | |||
Current Valuation | 187.86 M | |||
Shares Outstanding | 7.89 M | |||
Shares Owned By Institutions | 90.33 % | |||
Number Of Shares Shorted | 5.54 K | |||
Price To Book | 2.61 X | |||
EBITDA | (8.35 M) | |||
Net Income | (862.92 K) | |||
Cash And Equivalents | 962.3 K | |||
Cash Per Share | 0.03 X | |||
Total Debt | 2.45 M | |||
Current Ratio | 15.04 X | |||
Book Value Per Share | (1.12) X | |||
Cash Flow From Operations | (3.04 M) | |||
Short Ratio | 0.36 X | |||
Earnings Per Share | (0.04) X | |||
Beta | -0.11 | |||
Market Capitalization | 185.57 M | |||
Total Asset | 86.47 M | |||
Retained Earnings | (15.29 M) | |||
Working Capital | (750.32 K) | |||
Z Score | 44.87 | |||
Net Asset | 86.47 M |
About Andretti Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Andretti Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Andretti Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Andretti Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Andretti Stock
If you are still planning to invest in Andretti Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Andretti Acquisition's history and understand the potential risks before investing.
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