Geospace Technologies Short Interest Ratio and Short Volume

+0.21 (+2.74 %)
(As of 05/11/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume15,200 shs
Average Volume42,517 shs
Market Capitalization$107.15 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Geospace Technologies (NASDAQ:GEOS) Short Interest Data

Current Short Volume152,900 shares
Previous Short Volume154,900 shares
Change Vs. Previous Month-1.29%
Dollar Volume Sold Short$1.28 million
Short Interest Ratio / Days to Cover3.2
Last Record DateApril, 15 2021
Outstanding Shares13,630,000 shares
Percentage of Shares Shorted1.13%
Today's Trading Volume15,200 shares
Average Trading Volume42,517 shares
Today's Volume Vs. Average-64.25%

Short Interest Over Time

Geospace Technologies (NASDAQ:GEOS) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021152,900 shares $1.28 million -1.3%N/A3.2$8.35
3/31/2021154,900 shares $1.42 million -3.5%1.2%3.4$9.14
3/15/2021160,500 shares $1.77 million -2.1%1.2%2.8$11.01
2/26/2021164,000 shares $1.84 million +0.7%1.3%2$11.22
2/12/2021162,900 shares $1.46 million +16.7%1.3%1.1$8.94
1/29/2021139,600 shares $1.17 million -0.3%1.1%1$8.36
1/15/2021140,000 shares $1.35 million -14.6%1.1%1$9.66
12/31/2020163,900 shares $1.48 million -9.3%1.3%1.2$9.02
12/15/2020180,700 shares $1.59 million -39.8%1.4%1.3$8.82
11/30/2020299,900 shares $1.90 million +7.3%2.3%2.3$6.33
11/15/2020279,400 shares $1.59 million +8.5%2.2%5.6$5.69
10/30/2020257,600 shares $1.35 million +12.2%2.0%5.6$5.23
10/15/2020229,500 shares $1.32 million +15.1%1.8%4.8$5.77
9/30/2020199,400 shares $1.23 million +8.9%1.5%4$6.18
9/15/2020183,100 shares $1.13 million +20.5%1.4%2.3$6.18
8/31/2020152,000 shares $995,600.00 +1.6%1.2%1.7$6.55
8/14/2020149,600 shares $1.05 million -38.9%1.2%1.4$7.03
7/31/2020244,900 shares $1.85 million -26.7%1.9%2.1$7.55
7/15/2020334,200 shares $2.27 million -26.5%2.6%2.6$6.78
6/30/2020454,800 shares $3.42 million -17.5%3.8%3.4$7.52
6/15/2020551,400 shares $3.94 million +22.0%4.6%4.7$7.15
5/29/2020452,100 shares $3.56 million +14.8%3.8%4.1$7.88
5/15/2020393,900 shares $2.32 million -0.3%3.3%3.9$5.90
4/30/2020395,100 shares $2.48 million +20.2%3.3%4.4$6.28
4/15/2020328,600 shares $2.02 million +8.9%2.8%4.1$6.14

Geospace Technologies (NASDAQ:GEOS) Short Interest FAQ

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What is Geospace Technologies' current short interest?

Short interest is the volume of Geospace Technologies shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 152,900 shares of GEOS short.

What is a good short interest ratio for Geospace Technologies?

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. Geospace Technologies currently has a short interest ratio of 3.0.

Is Geospace Technologies' short interest increasing or decreasing?

Geospace Technologies saw a decrease in short interest in April. As of April 15th, there was short interest totaling 152,900 shares, a decrease of 1.3% from the previous total of 154,900 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.

How does Geospace Technologies' short interest compare to its competitors?

0.00% of Geospace Technologies' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "oil & gas equipment & services" compare to Geospace Technologies: Schlumberger Limited (0.00%), Halliburton (0.00%), NOV Inc. (0.00%), TechnipFMC plc (3.73%), Oceaneering International, Inc. (1.85%), Dril-Quip, Inc. (5.03%), RPC, Inc. (12.73%), Helix Energy Solutions Group, Inc. (7.04%), Tidewater Inc. (0.00%), and TETRA Technologies, Inc. (1.44%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Geospace Technologies stock?

Short selling GEOS is an investing strategy that aims to generate trading profit from Geospace Technologies as its price is falling. Geospace Technologies' stock is trading up $0.21 today. To short Geospace Technologies 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 Geospace Technologies 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 Geospace Technologies?

A short squeeze for Geospace Technologies 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 GEOS, which in turn drives the price of the stock up even further.

How often is Geospace Technologies' 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 GEOS, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/12/2021 by Staff
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