Grindrod Shipping Short Interest Ratio and Short Volume

+0.02 (+0.23 %)
(As of 05/11/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume22,013 shs
Average Volume40,236 shs
Market Capitalization$164.49 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Grindrod Shipping (NASDAQ:GRIN) Short Interest Data

Current Short Volume5,600 shares
Previous Short Volume1,500 shares
Change Vs. Previous Month+273.33%
Dollar Volume Sold Short$39,564.00
Short Interest Ratio / Days to Cover0.0
Last Record DateApril, 15 2021
Outstanding Shares19,060,000 shares
Percentage of Shares Shorted0.03%
Today's Trading Volume22,013 shares
Average Trading Volume40,236 shares
Today's Volume Vs. Average-45.29%

Short Interest Over Time

Grindrod Shipping (NASDAQ:GRIN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20215,600 shares $39,564.00 +273.3%N/A0$7.07
3/31/20211,500 shares $9,945.00 -51.6%0.0%0$6.63
3/15/20213,100 shares $22,537.00 -78.9%0.0%0.1$7.27
2/26/202114,700 shares $91,140.00 +2,350.0%0.1%0.4$6.20
2/12/2021600 shares $3,017.16 -14.3%0.0%0$5.03
1/29/2021700 shares $3,386.11 -61.1%0.0%0$4.84
1/15/20211,800 shares $9,270.00 +80.0%0.0%0.1$5.15
12/31/20201,000 shares $3,900.00 -77.3%0.0%0$3.90
12/15/20204,400 shares $14,784.00 +120.0%0.0%0.2$3.36
11/30/20202,000 shares $7,940.00 -35.5%0.0%0.1$3.97
11/15/20203,100 shares $12,090.62 +24.0%0.0%0.1$3.90
10/30/20202,500 shares $9,587.50 +212.5%0.0%0.1$3.84
10/15/2020800 shares $3,280.00 -63.6%N/A0$4.10
9/30/20202,200 shares $8,514.22 -82.1%0.0%0$3.87
9/15/202012,300 shares $46,371.00 -21.2%0.1%0.2$3.77
8/31/202015,600 shares $60,216.00 +205.9%0.1%0.3$3.86
8/14/20205,100 shares $17,748.00 -29.2%0.0%0.1$3.48
7/31/20207,200 shares $22,392.00 +22.0%0.0%0.1$3.11
7/15/20205,900 shares $16,107.00 -52.8%0.0%0.1$2.73
6/30/202012,500 shares $33,625.00 +316.7%0.1%0.1$2.69
6/15/20203,000 shares $8,760.00 -74.6%0.0%0$2.92
5/29/202011,800 shares $29,618.00 +93.4%0.1%0.1$2.51
5/15/20206,100 shares $13,664.00 -55.2%0.0%0.1$2.24
4/30/202013,600 shares $32,776.00 +51.1%0.1%0.3$2.41
4/15/20209,000 shares $20,520.00 +16.9%0.1%0.2$2.28

Grindrod Shipping (NASDAQ:GRIN) Short Interest FAQ

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What is Grindrod Shipping's current short interest?

Short interest is the volume of Grindrod Shipping shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 5,600 shares of GRIN short.

Is Grindrod Shipping's short interest increasing or decreasing?

Grindrod Shipping saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 5,600 shares, an increase of 273.3% from the previous total of 1,500 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 Grindrod Shipping's short interest compare to its competitors?

0.00% of Grindrod Shipping's shares are currently sold short. Here is how the short interest of companies in the industry of "deep sea foreign transportation of freight" compare to Grindrod Shipping: Navigator Holdings Ltd. (0.17%), Navios Maritime Partners L.P. (0.00%), Eagle Bulk Shipping Inc. (0.00%), Dorian LPG Ltd. (4.13%), Global Ship Lease, Inc. (0.00%), Safe Bulkers, Inc. (1.63%), Diana Shipping Inc. (1.40%), Castor Maritime Inc. (0.00%), Teekay Co. (3.25%), and Capital Product Partners L.P. (0.56%).

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 Grindrod Shipping stock?

Short selling GRIN is an investing strategy that aims to generate trading profit from Grindrod Shipping as its price is falling. Grindrod Shipping's stock is trading up $0.02 today. To short Grindrod Shipping 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 Grindrod Shipping 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 Grindrod Shipping?

A short squeeze for Grindrod Shipping 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 GRIN, which in turn drives the price of the stock up even further.

How often is Grindrod Shipping'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 GRIN, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/12/2021 by Staff
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