Garrett Motion (GTXAP) Short Interest Ratio & Short Volume

Short interest is the volume of Garrett Motion shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 5,500 shares of GTXAP short. Learn More on Garrett Motion's current short interest.

Garrett Motion saw a decrease in short interest during the month of May. As of May 31st, there was short interest totaling 5,500 shares, a decrease of 52.6% from the previous total of 11,600 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.

Here is how the short interest of companies in the sector of "consumer cyclical" compare to Garrett Motion: Tuniu Co. (0.16%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.00 billion), Suncor Energy Inc. ($2.98 billion), Charter Communications, Inc. ($2.88 billion), Occidental Petroleum Co. ($2.79 billion), Moderna, Inc. ($2.39 billion), Snowflake Inc. ($2.38 billion), Coinbase Global, Inc. ($2.22 billion), Palantir Technologies Inc. ($2.18 billion), T. Rowe Price Group, Inc. ($2.03 billion), and Verisk Analytics, Inc. ($2.02 billion). View all of the most shorted stocks.

Short selling GTXAP is an investing strategy that aims to generate trading profit from Garrett Motion as its price is falling. GTXAP shares are trading up $0.01 today. 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 Garrett Motion 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 GTXAP, 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 GTXAP, twice per month. The most recent reporting period available is May, 31 2023.