Galmed Pharmaceuticals (GLMD) Short Interest Ratio & Short Volume

Short interest is the volume of Galmed Pharmaceuticals shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 39,200 shares of GLMD short. 1.10% of Galmed Pharmaceuticals' shares are currently sold short. Learn More on Galmed Pharmaceuticals' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Galmed Pharmaceuticals: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.10% of Galmed Pharmaceuticals' floating shares are currently sold short.

Galmed Pharmaceuticals saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 39,200 shares, an increase of 532.3% from the previous total of 6,200 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.

Galmed Pharmaceuticals currently has issued a total of 5,050,000 shares. Some of Galmed Pharmaceuticals' 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. Galmed Pharmaceuticals currently has a public float of 3,570,000 shares.

1.10% of Galmed Pharmaceuticals' shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Galmed Pharmaceuticals: Panbela Therapeutics, Inc. (2.36%), Dermata Therapeutics, Inc. (1.73%), GRI Bio, Inc. (1.81%), Comera Life Sciences Holdings, Inc. (2.38%), InMed Pharmaceuticals Inc. (0.17%), Qualigen Therapeutics, Inc. (1.74%), Lucy Scientific Discovery Inc. (2.95%), NeuBase Therapeutics, Inc. (4.92%), Bio-Path Holdings, Inc. (8.97%), Clearmind Medicine Inc. (6.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling GLMD is an investing strategy that aims to generate trading profit from Galmed Pharmaceuticals 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 Galmed Pharmaceuticals occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GLMD, 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 GLMD, twice per month. The most recent reporting period available is March, 31 2024.