Great Elm Capital Group (GEC) Short Interest Ratio & Short Volume

Short interest is the volume of Great Elm Capital Group shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 11,800 shares of GEC short. 0.05% of Great Elm Capital Group's shares are currently sold short. Learn More on Great Elm Capital Group'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. 0.05% of Great Elm Capital Group's floating shares are currently sold short.

Great Elm Capital Group saw a increase in short interest in December. As of December 31st, there was short interest totaling 11,800 shares, an increase of 59.5% 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.

Great Elm Capital Group currently has issued a total of 26,395,000 shares. Some of Great Elm Capital Group'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. Great Elm Capital Group currently has a public float of 24,570,000 shares.

0.05% of Great Elm Capital Group's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Great Elm Capital Group: Invesco High Income Trust II (1.53%), The Gabelli Convertible and Income Securities Fund Inc. (0.16%), Territorial Bancorp Inc. (0.60%), Finance of America Companies Inc. (4.39%), MoneyHero Limited (5.91%), Auburn National Bancorporation, Inc. (0.26%), Oportun Financial Co. (0.69%), Cullman Bancorp, Inc. (0.10%), Magyar Bancorp, Inc. (0.06%), DTF Tax-Free Income 2028 Term Fund Inc. (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($6.95 billion), Aon plc ($4.44 billion), Analog Devices, Inc. ($4.13 billion), Snap Inc. ($3.12 billion), Peloton Interactive, Inc. ($2.68 billion), Moderna, Inc. ($2.60 billion), The Clorox Company ($2.47 billion), The Kroger Co. ($2.32 billion), International Flavors & Fragrances Inc. ($2.21 billion), and Altice USA, Inc. ($1.94 billion). View all of the most shorted stocks.

Short selling GEC is an investing strategy that aims to generate trading profit from Great Elm Capital Group as its price is falling. 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 Great Elm Capital Group 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 GEC, 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 GEC, twice per month. The most recent reporting period available is December, 31 2020.