Greenlane Short Interest Ratio and Short Volume

-0.02 (-0.51 %)
(As of 05/11/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume648,803 shs
Average Volume845,866 shs
Market Capitalization$351.59 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Greenlane (NASDAQ:GNLN) Short Interest Data

Current Short Volume1,280,000 shares
Previous Short Volume891,600 shares
Change Vs. Previous Month+43.56%
Dollar Volume Sold Short$6.67 million
Short Interest Ratio / Days to Cover1.4
Last Record DateApril, 15 2021
Outstanding Shares10,000,000 shares
Percentage of Shares Shorted1.41%
Today's Trading Volume648,803 shares
Average Trading Volume845,866 shares
Today's Volume Vs. Average-23.30%

Short Interest Over Time

Greenlane (NASDAQ:GNLN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,280,000 shares $6.67 million +43.6%N/A1.4$5.21
3/31/2021891,600 shares $3.65 million +4.4%N/A0.9$4.09
3/15/2021853,900 shares $5.06 million -25.8%N/A1.3$5.92
2/26/20211,150,000 shares $6.60 million +0.9%N/A1.7$5.74
2/12/20211,140,000 shares $7.00 million +21.4%N/A1.6$6.14
1/29/2021939,300 shares $4.10 million +27.0%N/A1.6$4.36
1/15/2021739,600 shares $4.25 million -0.5%N/A1.5$5.75
12/31/2020743,100 shares $3.05 million +9.9%N/A1.7$4.10
12/15/2020676,400 shares $2.67 million -7.4%N/A2$3.94
11/30/2020730,600 shares $2.59 million +1.2%N/A2.4$3.55
11/15/2020721,700 shares $1.97 million +8.2%N/A3$2.73
10/30/2020667,200 shares $1.82 million +1.2%N/A3.1$2.73
10/15/2020659,600 shares $1.98 million -3.0%N/A3.5$3.00
9/30/2020679,900 shares $1.52 million -0.3%N/A4.1$2.24
9/15/2020681,900 shares $1.58 million +8.3%N/A4.2$2.31
8/31/2020629,900 shares $1.93 million -4.4%N/A3.7$3.07
8/14/2020658,700 shares $1.93 million -10.1%N/A3.1$2.93
7/31/2020732,700 shares $2.83 million -9.2%N/A3.5$3.86
7/15/2020806,900 shares $2.78 million -9.9%N/A3.5$3.44
6/30/2020895,400 shares $3.56 million +22.4%N/A3.9$3.98
6/15/2020731,300 shares $2.68 million -10.9%N/A3.3$3.66
5/29/2020821,000 shares $2.82 million +2.7%N/A3.8$3.44
5/15/2020799,500 shares $1.81 million -7.1%N/A4.4$2.27
4/30/2020861,000 shares $2.76 million -23.1%N/A5.4$3.20
4/15/20201,120,000 shares $2.13 million -4.3%12.2%7.5$1.90

Greenlane (NASDAQ:GNLN) Short Interest FAQ

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What is Greenlane's current short interest?

Short interest is the volume of Greenlane shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 1,280,000 shares of GNLN short.

What is a good short interest ratio for Greenlane?

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. Greenlane currently has a short interest ratio of 1.0.

Is Greenlane's short interest increasing or decreasing?

Greenlane saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,280,000 shares, an increase of 43.6% from the previous total of 891,600 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 Greenlane's short interest compare to its competitors?

0.00% of Greenlane's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to Greenlane: Tattooed Chef, Inc. (17.54%), Tupperware Brands Co. (6.66%), MGP Ingredients, Inc. (18.45%), Calavo Growers, Inc. (6.25%), Mission Produce, Inc. (2.26%), Matthews International Co. (1.33%), Arko Corp. (12.64%), The Chefs' Warehouse, Inc. (0.00%), Mandom Corporation (0.00%), and SunOpta Inc. (1.47%).

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 Greenlane stock?

Short selling GNLN is an investing strategy that aims to generate trading profit from Greenlane as its price is falling. Greenlane's stock is trading down $0.02 today. To short Greenlane 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 Greenlane 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 Greenlane?

A short squeeze for Greenlane 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 GNLN, which in turn drives the price of the stock up even further.

How often is Greenlane's 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 GNLN, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/11/2021 by Staff
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