Grom Social Enterprises (GROM) Short Interest Ratio & Short Volume

Short interest is the volume of Grom Social Enterprises shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 68,200 shares of GROM short. 0.84% of Grom Social Enterprises' shares are currently sold short. Learn More on Grom Social Enterprises' 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. 0.84% of Grom Social Enterprises' floating shares are currently sold short.

Grom Social Enterprises saw a increase in short interest in April. As of April 30th, there was short interest totaling 68,200 shares, an increase of 37.5% from the previous total of 49,600 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.

Grom Social Enterprises currently has issued a total of 8,920,000 shares. Some of Grom Social Enterprises' 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. Grom Social Enterprises currently has a public float of 8,160,000 shares.

0.84% of Grom Social Enterprises' shares are currently sold short. Here is how the short interest of companies compare to Grom Social Enterprises: Locafy Limited (0.43%), GigaMedia Limited (0.04%), Jianpu Technology Inc. (0.09%), Aurora Mobile Limited (0.40%), WaveDancer, Inc. (0.89%), DatChat, Inc. (4.20%), UTime Limited (0.02%), CalAmp Corp. (4.67%), Ostin Technology Group Co., Ltd. (0.46%), Infobird Co., Ltd (9.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling GROM is an investing strategy that aims to generate trading profit from Grom Social Enterprises as its price is falling. GROM shares are trading up $0.01 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 Grom Social Enterprises occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of GROM, 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 GROM, twice per month. The most recent reporting period available is April, 30 2024.