NASDAQ:GOGL

Golden Ocean Group Short Interest Ratio and Short Volume

$10.51
0.00 (0.00 %)
(As of 06/22/2021 12:00 AM ET)
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Today's Range
$10.21
$10.58
50-Day Range
$7.15
$11.29
52-Week Range
$3.17
$11.49
Volume774,200 shs
Average Volume931,323 shs
Market Capitalization$1.51 billion
P/E Ratio35.03
Dividend Yield9.51%
Beta1.76

Golden Ocean Group (NASDAQ:GOGL) Short Interest Data

Current Short Volume496,600 shares
Previous Short Volume2,000,000 shares
Change Vs. Previous Month-75.17%
Dollar Volume Sold Short$4.95 million
Short Interest Ratio / Days to Cover0.5
Last Record DateMay, 28 2021
Outstanding Shares143,328,000 shares
Float Size119,110,000 shares
Short Percent of Float0.42%
Today's Trading Volume774,200 shares
Average Trading Volume931,323 shares
Today's Volume Vs. Average-16.87%

Short Interest Over Time

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Golden Ocean Group (NASDAQ:GOGL) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/28/2021496,600 shares $4.95 million -75.2%0.4%0.5 $9.97
5/14/20212,000,000 shares $17.56 million -3.4%1.7%2.1 $8.78
4/30/20212,070,000 shares $18.09 million +7.3%1.8%2.2 $8.74
4/15/20211,930,000 shares $13.80 million -20.9%1.6%2.3 $7.15
3/31/20212,440,000 shares $16.69 million No Change2.1%3.1 $6.84
3/15/20212,440,000 shares $17.45 million +496.0%2.9%3.4 $7.15
2/26/2021409,400 shares $2.53 million -13.2%0.7%0.7 $6.19
2/12/2021471,400 shares $2.64 million -10.1%0.5%0.9 $5.61
1/29/2021524,300 shares $2.46 million +4.4%0.6%1.4 $4.69
1/15/2021502,000 shares $2.67 million +43.4%0.6%1.5 $5.32
12/31/2020350,000 shares $1.62 million -42.9%0.4%1.2 $4.64
12/15/2020612,800 shares $2.86 million -17.9%0.7%2 $4.67
11/30/2020746,800 shares $3.20 million -26.1%0.8%2.4 $4.29
11/15/20201,010,000 shares $3.88 million -1.0%1.1%3.5 $3.84
10/30/20201,020,000 shares $3.36 million -17.7%1.1%3.7 $3.29
10/15/20201,240,000 shares $4.64 million -12.1%1.4%4.3 $3.74
9/30/20201,410,000 shares $5.39 million +21.6%1.5%4.7 $3.82
9/15/20201,160,000 shares $4.09 million +28.1%1.3%4.1 $3.53
8/31/2020905,400 shares $3.67 million +11.9%1.0%2.8 $4.05
8/14/2020808,900 shares $3.35 million -29.0%0.9%2.3 $4.14
7/31/20201,140,000 shares $4.38 million -3.4%1.2%3.2 $3.84
7/15/20201,180,000 shares $4.46 million +27.1%1.3%3 $3.78
6/30/2020928,300 shares $3.60 million +4.6%1.0%2.3 $3.88
6/15/2020887,700 shares $3.42 million -9.7%1.0%2.2 $3.85
5/29/2020983,300 shares $3.03 million +18.8%1.1%2.5 $3.08

Golden Ocean Group (NASDAQ:GOGL) Short Interest FAQ

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What is Golden Ocean Group's current short interest?

Short interest is the volume of Golden Ocean Group shares that have been sold short but have not yet been closed out or covered. As of May 28th, traders have sold 496,600 shares of GOGL short. 0.42% of Golden Ocean Group's shares are currently sold short. View details.

What is a good short interest percentage for Golden Ocean Group?

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. 0.42% of Golden Ocean Group's floating shares are currently sold short.

Is Golden Ocean Group's short interest increasing or decreasing?

Golden Ocean Group saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 496,600 shares, a drop of 75.2% from the previous total of 2,000,000 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 Golden Ocean Group's float size?

Golden Ocean Group currently has issued a total of 143,328,000 shares. Some of Golden Ocean Group'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. Golden Ocean Group currently has a public float of 119,110,000 shares.

How does Golden Ocean Group's short interest compare to its competitors?

0.42% of Golden Ocean Group's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "oil & gas storage & transportation" compare to Golden Ocean Group: Kinder Morgan, Inc. (1.45%), The Williams Companies, Inc. (0.00%), Cheniere Energy, Inc. (1.70%), Targa Resources Corp. (1.26%), Frontline Ltd. (4.66%), Golar LNG Limited (4.56%), Scorpio Tankers Inc. (5.89%), SFL Co. Ltd. (1.83%), Nordic American Tankers Limited (3.33%), and Teekay Tankers Ltd. (3.68%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($25.04 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Square, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

What does it mean to sell short Golden Ocean Group stock?

Short selling GOGL is an investing strategy that aims to generate trading profit from Golden Ocean Group as its price is falling. To short Golden Ocean Group 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 Golden Ocean Group 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 Golden Ocean Group?

A short squeeze for Golden Ocean Group 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 GOGL, which in turn drives the price of the stock up even further.

How often is Golden Ocean Group'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 GOGL, twice per month. The most recent reporting period available is May, 28 2021.



This page was last updated on 6/22/2021 by MarketBeat.com Staff
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