Free Trial

Galecto (GLTO) Short Interest Ratio & Short Volume

$13.26
-0.54 (-3.91%)
(As of 09/20/2024 ET)

Galecto Short Interest Data

Galecto (GLTO) has a short interest of 16,900 shares, representing 1.92% of the float (the number of shares available for trading by the public). This marks a 98.82% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.0, indicating that it would take 1.0 days of the average trading volume of 13,480 shares to cover all short positions.

Current Short Interest
16,900 shares
Previous Short Interest
8,500 shares
Change Vs. Previous Month
+98.82%
Dollar Volume Sold Short
$201,955.00
Short Interest Ratio
1.0 Days to Cover
Last Record Date
August 31, 2024
Outstanding Shares
27,113,000 shares
Float Size
880,700 shares
Short Percent of Float
1.92%
Today's Trading Volume
25,021 shares
Average Trading Volume
13,480 shares
Today's Volume Vs. Average
186%
Short Selling Galecto?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Galecto and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

GLTO Short Interest Over Time

GLTO Days to Cover Over Time

GLTO Percentage of Float Shorted Over Time

Galecto Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202416,900 shares $201,955.00 +98.8%1.9%1 $11.95
8/15/20248,500 shares $4,676.70 +3.7%0.0%0.1 $0.55
7/31/20248,200 shares $4,624.80 +173.3%0.0%0.1 $0.56
7/15/20243,000 shares $1,773.00 -90.3%0.0%0 $0.59
6/30/202430,800 shares $14,608.44 +1,084.6%0.2%0.2 $0.47
6/15/20242,600 shares $1,377.87 -72.0%0.0%0 $0.53
5/31/20249,300 shares $5,654.40 -80.4%0.1%0.1 $0.61
5/15/202447,400 shares $30,141.66 -44.4%0.2%0.3 $0.64
4/30/202485,300 shares $58,771.70 +373.9%0.4%0.4 $0.69
4/15/202418,000 shares $12,371.40 -42.9%0.1%0.1 $0.69
3/31/202431,500 shares $24,570.00 +74.0%0.2%0.1 $0.78
3/15/202418,100 shares $14,803.99 -66.9%0.1%0 $0.82
2/29/202454,600 shares $39,322.92 +39.6%0.3%0.1 $0.72
2/15/202439,100 shares $26,599.73 -40.5%0.2%0.1 $0.68
1/31/202465,700 shares $40,214.97 -53.0%0.3%0.2 $0.61
1/15/2024139,800 shares $96,182.40 -54.3%0.7%0.4 $0.69
12/31/2023306,000 shares $220,320.00 +332.2%1.6%0.8 $0.72
12/15/202370,800 shares $43,046.40 -61.4%0.4%0.1 $0.61
11/30/2023183,400 shares $115,542.00 -26.1%1.0%0.4 $0.63
11/15/2023248,000 shares $152,048.80 -46.5%1.3%0.5 $0.61
10/31/2023463,900 shares $245,913.39 -32.6%2.4%0.7 $0.53
10/15/2023688,500 shares $425,148.75 -53.8%3.5%0.9 $0.62
9/30/20231,490,000 shares $1.07 million +337.5%7.0%2 $0.72
9/15/2023340,600 shares $201,873.62 +95.8%1.6%0.7 $0.59
8/31/2023174,000 shares $105,270.00 -55.9%0.8%0.4 $0.61
8/15/2023394,500 shares $265,695.75 +73.0%2.0%1 $0.67
7/31/2023228,100 shares $702,548.00 +403.5%1.2%1.3 $3.08
7/15/202345,300 shares $108,720.00 -4.0%0.3%0.4 $2.40
6/30/202347,200 shares $118,944.00 +271.7%0.3%0.7 $2.52
6/15/202312,700 shares $27,940.00 +4.1%0.1%0.2 $2.20
5/31/202312,200 shares $26,596.00 +3.4%0.1%0.2 $2.18
5/15/202311,800 shares $25,252.00 -3.3%0.1%0.2 $2.14
4/30/202312,200 shares $21,472.00 -63.8%0.1%0.2 $1.76
4/15/202333,700 shares $64,030.00 +163.3%0.2%0.7 $1.90
3/31/202312,800 shares $25,472.00 -25.6%0.1%0.3 $1.99
3/15/202317,200 shares $31,992.00 -51.6%0.1%0.3 $1.86
2/28/202335,500 shares $77,745.00 -47.6%0.2%0.7 $2.19
2/15/202367,700 shares $176,697.00 +35.4%0.4%1.2 $2.61
1/31/202350,000 shares $115,000.00 -40.7%0.3%0.8 $2.30
1/15/202384,300 shares $182,088.00 +28.9%0.5%1.3 $2.16
The election trade you can't lose (Ad)

Politics is an unpredictable game. But no matter what happens in the next few months... There's one thing that can't be stopped by anything: Dividends.

Download my Dividend Calendar here
12/30/202265,400 shares $75,210.00 +127.9%0.4%1.1 $1.15
12/15/202228,700 shares $40,467.00 +25.3%0.2%0.5 $1.41
11/30/202222,900 shares $35,953.00 +2.7%0.1%0.4 $1.57
11/15/202222,300 shares $40,140.00 -0.5%0.1%0.3 $1.80
10/31/202222,400 shares $45,024.00 -47.5%0.1%0.3 $2.01
10/15/202242,700 shares $81,343.50 -17.3%0.3%0.7 $1.91
9/30/202251,600 shares $97,524.00 +32.3%0.3%0.9 $1.89
9/15/202239,000 shares $95,160.00 -14.5%0.2%0.7 $2.44
8/31/202245,600 shares $98,040.00 -9.7%0.3%0.8 $2.15
8/15/202250,500 shares $108,575.00 -0.4%0.3%0.5 $2.15
7/31/202250,700 shares $81,627.00 -11.1%0.3%0.5 $1.61
7/15/202257,000 shares $100,320.00 +325.4%0.4%0.5 $1.76
6/30/202213,400 shares $23,182.00 -68.2%0.1%0.1 $1.73
6/15/202242,100 shares $73,675.00 -17.8%0.3%0.4 $1.75
5/31/202251,200 shares $67,072.00 +85.5%0.3%0.4 $1.31
5/15/202227,600 shares $39,192.00 +17.0%0.3%0.4 $1.42
4/30/202223,600 shares $39,648.00 -60.9%0.2%0.4 $1.68
4/15/202260,300 shares $151,353.00 +1.3%0.6%0.9 $2.51
3/31/202259,500 shares $130,900.00 -35.0%0.6%0.8 $2.20
3/15/202291,500 shares $167,445.00 +37.6%0.9%0.9 $1.83
2/28/202266,500 shares $123,025.00 -26.4%0.6%0.5 $1.85
2/15/202290,300 shares $190,533.00 -24.0%0.8%0.7 $2.11
1/31/2022118,800 shares $285,120.00 +52.3%1.3%0.7 $2.40
1/15/202278,000 shares $188,760.00 -41.7%N/A0 $2.42
12/31/2021133,700 shares $405,111.00 +188.2%1.4%0.7 $3.03
12/15/202146,400 shares $110,432.00 -16.3%0.5%0.2 $2.38
11/30/202155,400 shares $156,228.00 -0.7%0.6%0.4 $2.82
11/15/202155,800 shares $195,858.00 -21.9%0.6%0.4 $3.51
10/29/202171,400 shares $235,620.00 +152.3%0.8%0.4 $3.30
10/15/202128,300 shares $96,786.00 -41.4%0.3%0.2 $3.42
9/30/202148,300 shares $173,397.00 -42.0%0.5%0.3 $3.59
9/15/202183,200 shares $348,608.00 -16.6%0.9%0.3 $4.19
8/31/202199,700 shares $443,665.00 -26.2%1.1%0.1 $4.45
8/13/2021135,100 shares $559,314.00 -26.7%1.4%0.1 $4.14
7/30/2021184,300 shares $790,647.00 -26.8%1.2%0.2 $4.29
7/15/2021251,700 shares $1.07 million -40.6%1.7%0.2 $4.27
6/30/2021423,600 shares $2.14 million +57.2%2.9%0.4 $5.06
6/15/2021269,500 shares $1.41 million +93.5%1.8%0.3 $5.25
5/28/2021139,300 shares $739,683.00 +7.2%0.9%0.4 $5.31
5/14/2021130,000 shares $640,900.00 +7.1%0.9%2.3 $4.93
4/30/2021121,400 shares $715,046.00 -1.6%0.8%2.8 $5.89
4/15/2021123,400 shares $750,272.00 +72.8%0.8%3.4 $6.08
3/31/202171,400 shares $439,110.00 +49.1%0.5%2.2 $6.15
3/15/202147,900 shares $452,176.00 +55.5%0.3%1.9 $9.44
2/26/202130,800 shares $362,824.00 +569.6%0.2%1.6 $11.78
2/12/20214,600 shares $56,478.80 -48.9%0.0%0.2 $12.28
1/29/20219,000 shares $111,600.00 -13.5%0.1%0.3 $12.40
1/15/202110,400 shares $133,120.00 No Change0.1%0.2 $12.80

GLTO Short Interest - Frequently Asked Questions

What is Galecto's current short interest?

Short interest is the volume of Galecto shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 16,900 shares of GLTO short. 1.92% of Galecto's shares are currently sold short. Learn More on Galecto's current short interest.

What is a good short interest ratio for Galecto?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GLTO shares currently have a short interest ratio of 1.0. Learn More on Galecto's short interest ratio.

What is a good short interest percentage for Galecto?

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. 1.92% of Galecto's floating shares are currently sold short.

Is Galecto's short interest increasing or decreasing?

Galecto saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 16,900 shares, an increase of 98.8% from the previous total of 8,500 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.

What is Galecto's float size?

Galecto currently has issued a total of 27,113,000 shares. Some of Galecto'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. Galecto currently has a public float of 880,700 shares.

How does Galecto's short interest compare to its competitors?

1.92% of Galecto's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Galecto: FibroGen, Inc. (5.15%), Eagle Pharmaceuticals, Inc. (3.71%), Lakeshore Biopharma Co., Ltd. (0.09%), YS Biopharma Co., Ltd. (0.20%), Mural Oncology plc (3.14%), Actinium Pharmaceuticals, Inc. (7.22%), SCYNEXIS, Inc. (2.72%), Aerovate Therapeutics, Inc. (6.49%), Lexaria Bioscience Corp. (1.69%), Anebulo Pharmaceuticals, Inc. (0.15%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

What does it mean to sell short Galecto stock?

Short selling GLTO is an investing strategy that aims to generate trading profit from Galecto as its price is falling. GLTO shares are trading down $0.54 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.

How does a short squeeze work against Galecto?

A short squeeze for Galecto 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 GLTO, which in turn drives the price of the stock up even further.

How often is Galecto's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GLTO, twice per month. The most recent reporting period available is August, 31 2024.




This page (NASDAQ:GLTO) was last updated on 9/20/2024 by MarketBeat.com Staff
From Our Partners