S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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Gores Metropoulos Short Interest Ratio and Short Volume

-1.83 (-5.65 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $30.54
50-Day Range
MA: $28.42
52-Week Range
Now: $30.54
Volume5.25 million shs
Average Volume884,821 shs
Market Capitalization$1.53 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Gores Metropoulos (NASDAQ:GMHI) Short Interest Data

Current Short Volume:1,420,000 shares
Previous Short Volume:1,300,000 shares
Change Vs. Previous Month:+9.23%
Dollar Volume Sold Short:$26.13 million
Short Interest Ratio / Days to Cover:1.0
Last Record Date:November, 15 2020
Outstanding Shares:50,000,000 shares
Float Size:38,750,000 shares
Short Percent of Float:3.66%
Today's Trading Volume:5,252,554 shares
Average Trading Volume:884,821 shares
Today's Volume Vs. Average:493.63%

Gores Metropoulos (NASDAQ:GMHI) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
11/15/20201,420,000 $26.13 million 9.2%3.7%0.8$18.40
10/30/20201,300,000 $13.21 million 138.8%3.4%0.9$10.16
10/15/2020544,400 $5.51 million 58.5%1.4%0.4$10.13
9/30/2020343,400 $3.63 million -28.1%0.9%0.3$10.57
9/15/2020477,600 $5.44 million 30.8%1.2%0.5$11.39

Gores Metropoulos (NASDAQ:GMHI) Short Interest FAQ

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What is Gores Metropoulos' current short interest?

Short interest is the volume of Gores Metropoulos shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 1,420,000 shares of GMHI short. 3.66% of Gores Metropoulos' shares are currently sold short. View details.

What is a good short interest ratio for Gores Metropoulos?

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. Gores Metropoulos currently has a short interest ratio of 1.0.

What is a good short interest percentage for Gores Metropoulos?

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. 3.66% of Gores Metropoulos' floating shares are currently sold short.

Is Gores Metropoulos' short interest increasing or decreasing?

Gores Metropoulos saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,420,000 shares, an increase of 9.2% from the previous total of 1,300,000 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 Gores Metropoulos' float size?

Gores Metropoulos currently has issued a total of 50,000,000 shares. Some of Gores Metropoulos' 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. Gores Metropoulos currently has a public float of 38,750,000 shares.

How does Gores Metropoulos' short interest compare to its competitors?

3.66% of Gores Metropoulos' shares are currently sold short. Here is how the short interest of companies in the industry of "motor vehicle parts & accessories" compare to Gores Metropoulos: Allison Transmission Holdings, Inc. (1.85%), LCI Industries (3.02%), Adient plc (4.04%), Dana Incorporated (1.69%), Dorman Products, Inc. (3.28%), Gentherm Incorporated (2.26%), Meritor, Inc. (5.31%), American Axle & Manufacturing Holdings, Inc. (6.81%), Standard Motor Products, Inc. (0.59%), and Stoneridge, Inc. (1.85%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.96 billion), Aon Plc ($3.87 billion), Moderna, Inc. ($3.77 billion), Analog Devices, Inc. ($3.62 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.80 billion), The Kroger Co. ($2.11 billion), International Flavors & Fragrances Inc. ($1.98 billion), Expedia Group, Inc. ($1.95 billion), and Peloton Interactive, Inc. ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short Gores Metropoulos stock?

Short selling GMHI is an investing strategy that aims to generate trading profit from Gores Metropoulos as its price is falling. Gores Metropoulos' stock is trading down $1.83 today. To short Gores Metropoulos 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 Gores Metropoulos 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 Gores Metropoulos?

A short squeeze for Gores Metropoulos 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 GMHI, which in turn drives the price of the stock up even further.

How often is Gores Metropoulos' 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 GMHI, twice per month. The most recent reporting period available is November, 15 2020.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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