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Grid Dynamics (GDYN) Short Interest Ratio & Short Volume

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$19.41 +0.39 (+2.05%)
(As of 11:38 AM ET)

Grid Dynamics Short Interest Data

Grid Dynamics (GDYN) has a short interest of 1.74 million shares, representing 2.85% of the float (the number of shares available for trading by the public). This marks a -16.35% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.6, indicating that it would take 3.6 days of the average trading volume of 381,106 shares to cover all short positions.

Current Short Interest
1,740,000 shares
Previous Short Interest
2,080,000 shares
Change Vs. Previous Month
-16.35%
Dollar Volume Sold Short
$28.28 million
Short Interest Ratio
3.6 Days to Cover
Last Record Date
November 15, 2024
Outstanding Shares
82,490,000 shares
Float Size
61,090,000 shares
Short Percent of Float
2.85%
Today's Trading Volume
185,776 shares
Average Trading Volume
381,106 shares
Today's Volume Vs. Average
49%
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GDYN Short Interest Over Time

GDYN Days to Cover Over Time

GDYN Percentage of Float Shorted Over Time

Grid Dynamics Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/15/20241,740,000 shares $28.28 million -16.4%2.9%3.6 $16.25
10/31/20242,080,000 shares $33.11 million +1.0%3.7%6 $15.92
10/15/20242,060,000 shares $31.54 million +1.0%3.6%6.3 $15.31
9/30/20242,040,000 shares $28.56 million +5.2%3.6%5.8 $14.00
9/15/20241,940,000 shares $26.97 million -16.7%3.4%5.3 $13.90
8/31/20242,330,000 shares $32.43 million -4.1%4.2%6.2 $13.92
8/15/20242,430,000 shares $32.63 million -12.3%4.4%6.5 $13.43
7/31/20242,770,000 shares $35.73 million +1.8%5.0%7.4 $12.90
7/15/20242,720,000 shares $30.74 million -1.5%4.9%7.7 $11.30
6/30/20242,760,000 shares $29.01 million -1.8%5.0%7.6 $10.51
6/15/20242,810,000 shares $26.55 million -2.1%5.1%7.6 $9.45
5/31/20242,870,000 shares $27.27 million -9.5%5.2%8.4 $9.50
5/15/20243,170,000 shares $33.16 million +9.3%5.7%9.4 $10.46
4/30/20242,900,000 shares $28.33 million +0.4%5.3%8.6 $9.77
4/15/20242,890,000 shares $30.75 million +4.0%5.3%9.2 $10.64
3/31/20242,780,000 shares $34.17 million +4.9%5.1%9.7 $12.29
3/15/20242,650,000 shares $33.31 million -12.8%4.9%9 $12.57
2/29/20243,040,000 shares $41.01 million +4.1%5.6%10.1 $13.49
2/15/20242,920,000 shares $41.14 million +12.7%5.4%9.8 $14.09
1/31/20242,590,000 shares $33.80 million -4.4%4.7%8.6 $13.05
1/15/20242,710,000 shares $35.15 million -10.9%4.9%8.9 $12.97
12/31/20233,040,000 shares $40.52 million +1.7%5.5%9.4 $13.33
12/15/20232,990,000 shares $40.84 million -2.6%5.4%9.1 $13.66
11/30/20233,070,000 shares $38.93 million +0.3%5.6%9.5 $12.68
11/15/20233,060,000 shares $36.17 million -1.0%5.5%9.3 $11.82
10/31/20233,090,000 shares $31.33 million -5.2%5.6%9.2 $10.14
10/15/20233,260,000 shares $38.45 million +4.2%5.9%8.9 $11.80
9/30/20233,130,000 shares $38.12 million +9.4%5.7%8.4 $12.18
9/15/20232,860,000 shares $35.06 million +4.4%5.2%6.4 $12.26
8/31/20232,740,000 shares $31.87 million -1.1%5.0%5.9 $11.63
8/15/20232,770,000 shares $30.86 million -10.1%5.1%5.1 $11.14
7/31/20233,080,000 shares $32.09 million +14.1%5.6%5.3 $10.42
7/15/20232,700,000 shares $28.73 million +34.3%5.0%4.7 $10.64
6/30/20232,010,000 shares $18.59 million +13.6%3.7%3.5 $9.25
6/15/20231,770,000 shares $17.51 million +30.2%3.3%3.4 $9.89
5/31/20231,360,000 shares $13.06 million -25.3%2.5%2.7 $9.60
5/15/20231,820,000 shares $15.12 million No Change3.4%4.1 $8.31
10/31/20221,360,000 shares $18.51 million -8.1%2.8%2.4 $13.61
10/15/20221,480,000 shares $21.08 million -26.0%3.1%2.8 $14.24
9/30/20222,000,000 shares $37.46 million +31.6%4.3%4.4 $18.73
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9/15/20221,520,000 shares $28.55 million +4.8%3.3%3.4 $18.78
8/31/20221,450,000 shares $29.30 million -2.0%3.1%3.2 $20.21
8/15/20221,480,000 shares $30.00 million -2.6%3.6%3.5 $20.27
7/31/20221,520,000 shares $28.68 million -11.1%3.7%3.1 $18.87
7/15/20221,710,000 shares $28.37 million -3.4%4.2%3.3 $16.59
6/30/20221,770,000 shares $29.77 million -3.3%4.4%2.9 $16.82
6/15/20221,830,000 shares $31.06 million -7.1%4.5%2.3 $16.97
5/31/20221,970,000 shares $35.48 million +4.2%4.9%2.1 $18.01
5/15/20221,890,000 shares $29.86 million -7.8%4.7%1.6 $15.80
4/30/20222,050,000 shares $28.54 million -4.2%4.9%1.7 $13.92
4/15/20222,140,000 shares $32.04 million +2.4%5.2%1.8 $14.97
3/31/20222,090,000 shares $29.43 million +19.4%N/A1.8 $14.08
3/15/20221,750,000 shares $16.10 million +15.9%4.3%1.8 $9.20
2/28/20221,510,000 shares $18.35 million +18.0%3.8%1.8 $12.15
2/15/20221,280,000 shares $27.84 million -20.5%3.2%1.9 $21.75
1/31/20221,610,000 shares $42.91 million +1.3%4.1%3.2 $26.65
1/15/20221,590,000 shares $50.18 million +3.9%N/A3.3 $31.56
12/31/20211,530,000 shares $58.09 million -4.4%3.9%3.3 $37.97
12/15/20211,600,000 shares $60.70 million +15.1%4.0%3.5 $37.94
11/30/20211,390,000 shares $54.53 million +8.6%3.5%2.8 $39.23
11/15/20211,280,000 shares $50.57 million -3.0%3.2%2.5 $39.51
10/29/20211,320,000 shares $37.95 million +7.3%3.3%2.4 $28.75
10/15/20211,230,000 shares $36.89 million -13.4%3.2%2.2 $29.99
9/30/20211,420,000 shares $41.49 million +15.5%3.7%2.6 $29.22
9/15/20211,230,000 shares $37.08 million -0.8%3.2%1.8 $30.15
8/31/20211,240,000 shares $33.19 million -38.0%3.3%2.2 $26.77
8/13/20212,000,000 shares $44.84 million +27.4%5.9%4 $22.42
7/30/20211,570,000 shares $33.05 million -21.9%5.2%3.5 $21.05
7/15/20212,010,000 shares $38.17 million +30.5%6.7%5.5 $18.99
6/30/20211,540,000 shares $23.15 million +4.8%5.1%4.5 $15.03
6/15/20211,470,000 shares $25.34 million +10.5%5.7%9.4 $17.24
5/28/20211,330,000 shares $20.44 million +6.4%5.1%10.1 $15.37
5/14/20211,250,000 shares $20.43 million +10.6%4.9%9.4 $16.34
4/30/20211,130,000 shares $16.50 million +10.8%4.5%8.9 $14.60
4/15/20211,020,000 shares $14.75 million -8.1%N/A8 $14.46
3/31/20211,110,000 shares $17.65 million +0.9%4.4%8.5 $15.90
3/15/20211,100,000 shares $17.03 million +4.8%4.7%7.1 $15.48
2/26/20211,050,000 shares $15.37 million +12.4%4.8%6.2 $14.64
2/12/2021933,800 shares $13.49 million +3.4%4.3%5 $14.45
1/29/2021902,900 shares $11.80 million +5.3%4.0%4.4 $13.07
1/15/2021857,200 shares $10.93 million No Change4.5%4.2 $12.75

GDYN Short Interest - Frequently Asked Questions

What is Grid Dynamics' current short interest?

Short interest is the volume of Grid Dynamics shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 1,740,000 shares of GDYN short. 2.85% of Grid Dynamics' shares are currently sold short. Learn More on Grid Dynamics' current short interest.

What is a good short interest ratio for Grid Dynamics?

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. GDYN shares currently have a short interest ratio of 4.0. Learn More on Grid Dynamics's short interest ratio.

What is a good short interest percentage for Grid Dynamics?

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. 2.85% of Grid Dynamics' floating shares are currently sold short.

Is Grid Dynamics' short interest increasing or decreasing?

Grid Dynamics saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,740,000 shares, a decrease of 16.3% from the previous total of 2,080,000 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 Grid Dynamics' float size?

Grid Dynamics currently has issued a total of 82,490,000 shares. Some of Grid Dynamics' 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. Grid Dynamics currently has a public float of 61,090,000 shares.

How does Grid Dynamics' short interest compare to its competitors?

2.85% of Grid Dynamics' shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Grid Dynamics: Zeta Global Holdings Corp. (7.17%), Varonis Systems, Inc. (9.05%), Workiva Inc. (4.41%), Kanzhun Limited (5.10%), Waystar Holding Corp. (4.30%), Box, Inc. (12.74%), Intapp, Inc. (4.16%), nCino, Inc. (4.54%), Cellebrite DI Ltd. (2.03%), Braze, Inc. (4.74%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

What does it mean to sell short Grid Dynamics stock?

Short selling GDYN is an investing strategy that aims to generate trading profit from Grid Dynamics as its price is falling. GDYN shares are trading up $0.61 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 Grid Dynamics?

A short squeeze for Grid Dynamics 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 GDYN, which in turn drives the price of the stock up even further.

How often is Grid Dynamics' 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 GDYN, twice per month. The most recent reporting period available is November, 15 2024.




This page (NASDAQ:GDYN) was last updated on 12/9/2024 by MarketBeat.com Staff
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