GigInternational1 (GIW) Short Interest Ratio & Short Volume

Short interest is the volume of GigInternational1 shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 2,000 shares of GIW short. 0.02% of GigInternational1's shares are currently sold short. Learn More on GigInternational1'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. 0.02% of GigInternational1's floating shares are currently sold short.

GigInternational1 saw a increase in short interest during the month of November. As of November 30th, there was short interest totaling 2,000 shares, an increase of 122.2% from the previous total of 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.

GigInternational1 currently has issued a total of 27,084,000 shares. Some of GigInternational1'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. GigInternational1 currently has a public float of 8,150,000 shares.

0.02% of GigInternational1's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to GigInternational1: TortoiseEcofin Acquisition Corp. III (0.32%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.09%), Cartesian Growth Co. II (0.04%), Investcorp Europe Acquisition Corp I (0.09%), Inflection Point Acquisition Corp. II (0.02%), CONX Corp. (0.49%), Enphys Acquisition Corp. (0.00%), Keen Vision Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), PG&E Co. ($1.73 billion), Coinbase Global, Inc. ($1.71 billion), Etsy, Inc. ($1.65 billion), Paramount Global ($1.54 billion), Lucid Group, Inc. ($1.50 billion), Old Dominion Freight Line, Inc. ($1.46 billion), and DICK'S Sporting Goods, Inc. ($1.41 billion). View all of the most shorted stocks.

Short selling GIW is an investing strategy that aims to generate trading profit from GigInternational1 as its price is falling. GIW shares are trading down $0.06 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 GigInternational1 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 GIW, 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 GIW, twice per month. The most recent reporting period available is November, 30 2022.