GCP Applied Technologies (GCP) Short Interest Ratio & Short Volume

Short interest is the volume of GCP Applied Technologies shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 6,720,000 shares of GCP short. 11.05% of GCP Applied Technologies' shares are currently sold short. Learn More on GCP Applied Technologies' current short interest.

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. GCP shares currently have a short interest ratio of 10.0. Learn More on GCP Applied Technologies's short interest ratio.

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. 11.05% of GCP Applied Technologies' floating shares are currently sold short.

GCP Applied Technologies saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 6,720,000 shares, an increase of 11.6% from the previous total of 6,020,000 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.

GCP Applied Technologies currently has issued a total of 74,011,000 shares. Some of GCP Applied Technologies' 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. GCP Applied Technologies currently has a public float of 60,830,000 shares.

11.05% of GCP Applied Technologies' shares are currently sold short. Here is how the short interest of companies in the sector of "construction" compare to GCP Applied Technologies: Granite Construction Incorporated (9.58%), Patrick Industries, Inc. (6.30%), Frontdoor, Inc. (3.78%), PGT Innovations, Inc. (0.19%), Gibraltar Industries, Inc. (1.37%), Janus International Group, Inc. (4.88%), Century Communities, Inc. (4.70%), ABM Industries Incorporated (3.97%), Construction Partners, Inc. (4.17%), Hillman Solutions Corp (2.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.11 billion), Canadian Natural Resources Limited ($3.64 billion), Charter Communications, Inc. ($3.15 billion), Lucid Group, Inc. ($2.09 billion), Chesapeake Energy Co. ($2.02 billion), Coinbase Global, Inc. ($2.01 billion), T. Rowe Price Group, Inc. ($1.92 billion), Plug Power Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.71 billion), and Williams-Sonoma, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling GCP is an investing strategy that aims to generate trading profit from GCP Applied Technologies as its price is falling. 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 GCP Applied Technologies 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 GCP, 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 GCP, twice per month. The most recent reporting period available is September, 15 2022.