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Gerdau (GGB) Short Interest Ratio & Short Volume

$3.60
+0.07 (+1.98%)
(As of 05/24/2024 ET)

Gerdau Short Interest Data

Current Short Interest
3,810,000 shares
Previous Short Interest
3,910,000 shares
Change Vs. Previous Month
-2.56%
Dollar Volume Sold Short
$13.28 million
Short Interest Ratio
0.4 Days to Cover
Last Record Date
April 30, 2024
Outstanding Shares
2,108,480,000 shares
Float Size
1,380,000,000 shares
Short Percent of Float
0.28%
Today's Trading Volume
8,944,218 shares
Average Trading Volume
11,150,688 shares
Today's Volume Vs. Average
80%
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GGB Short Interest Over Time

GGB Days to Cover Over Time

GGB Percentage of Float Shorted Over Time

Gerdau Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/20243,810,000 shares $13.28 million -2.6%0.3%0.4 $3.49
4/15/20243,910,000 shares $17.44 million +109.1%0.3%0.5 $4.46
3/31/20241,870,000 shares $8.27 million -17.6%0.2%0.3 $4.42
3/15/20242,270,000 shares $9.43 million -22.8%0.2%0.4 $4.16
2/29/20242,940,000 shares $12.67 million -26.9%0.3%0.5 $4.31
2/15/20244,020,000 shares $16.72 million -15.0%0.4%0.7 $4.16
1/31/20244,730,000 shares $20.01 million -40.4%0.4%0.8 $4.23
1/15/20247,940,000 shares $35.02 million -38.8%0.7%1.4 $4.41
12/31/202312,970,000 shares $62.90 million +15.6%1.1%2.3 $4.85
12/15/202311,220,000 shares $53.13 million +123.5%1.0%2 $4.74
11/30/20235,020,000 shares $22.44 million -27.9%0.4%0.9 $4.47
11/15/20236,960,000 shares $34.45 million -39.3%0.6%1.2 $4.95
10/31/202311,460,000 shares $49.74 million -3.1%1.0%1.9 $4.34
10/15/202311,830,000 shares $52.17 million +3.5%1.0%1.7 $4.41
9/30/202311,430,000 shares $54.52 million -6.0%1.0%1.7 $4.77
9/15/202312,160,000 shares $63.72 million +4.9%1.1%1.8 $5.24
8/31/202311,590,000 shares $60.38 million +15.2%1.0%1.7 $5.21
8/15/202310,060,000 shares $51.61 million +78.7%0.9%1.5 $5.13
7/31/20235,630,000 shares $34.62 million +12.6%0.5%0.8 $6.15
7/15/20235,000,000 shares $28.15 million -33.0%0.4%0.8 $5.63
6/30/20237,460,000 shares $38.90 million -9.6%0.7%1.2 $5.22
6/15/20238,250,000 shares $44.30 million -14.5%0.7%1.3 $5.37
5/31/20239,650,000 shares $45.50 million +45.1%0.8%1.3 $4.72
5/15/20236,650,000 shares $32.98 million -7.4%0.6%0.9 $4.96
4/30/20237,180,000 shares $35.83 million -16.3%0.6%0.9 $4.99
4/15/20238,580,000 shares $45.56 million -8.3%0.8%1 $5.31
3/31/20239,360,000 shares $46.14 million -35.5%0.8%1 $4.93
3/15/202314,500,000 shares $66.29 million -26.1%1.3%1.4 $4.57
2/28/202319,620,000 shares $107.32 million -29.3%1.8%1.9 $5.47
2/15/202327,750,000 shares $151.79 million +7.4%2.6%2.5 $5.47
1/31/202325,830,000 shares $167.90 million -32.7%2.5%2.1 $6.50
1/15/202338,390,000 shares $245.31 million -2.1%3.7%2.9 $6.39
12/30/202239,200,000 shares $217.17 million +111.6%3.7%3 $5.54
12/15/202218,530,000 shares $105.62 million +35.6%1.8%1.4 $5.70
11/30/202213,670,000 shares $83.39 million +13.7%1.3%1 $6.10
11/15/202212,020,000 shares $71.28 million +575.3%1.1%0.9 $5.93
10/31/20221,780,000 shares $8.86 million -14.0%0.2%0.1 $4.98
10/15/20222,070,000 shares $9.83 million -38.8%0.2%0.1 $4.75
9/30/20223,380,000 shares $15.28 million -76.4%0.3%0.2 $4.52
9/15/202214,290,000 shares $62.45 million -39.6%1.3%0.9 $4.37
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8/31/202223,640,000 shares $106.62 million +57.4%2.1%1.4 $4.51
8/15/202215,020,000 shares $76.60 million +36.8%1.3%0.9 $5.10
7/31/202210,980,000 shares $51.83 million +37.6%1.0%0.6 $4.72
7/15/20227,980,000 shares $34.71 million -35.8%0.7%0.4 $4.35
6/30/202212,430,000 shares $53.32 million +18.0%1.1%0.7 $4.29
6/15/202210,530,000 shares $52.76 million +43.7%0.9%0.7 $5.01
5/31/20227,330,000 shares $44.71 million -52.8%0.6%0.5 $6.10
5/15/202215,520,000 shares $84.89 million +3.7%1.4%1.1 $5.47
4/30/202214,960,000 shares $84.82 million -2.4%1.3%1.1 $5.67
4/15/202215,330,000 shares $94.89 million +10.0%1.4%1.3 $6.19
3/31/202213,940,000 shares $89.63 million +32.9%1.2%1.3 $6.43
3/15/202210,490,000 shares $56.33 million -31.9%0.9%1 $5.37
2/28/202215,410,000 shares $75.05 million -0.6%1.4%1.6 $4.87
2/15/202215,500,000 shares $82.77 million +29.6%1.4%1.8 $5.34
1/31/202211,960,000 shares $62.55 million +150.2%1.1%1.5 $5.23
1/15/20224,780,000 shares $24.43 million -9.3%0.4%0.6 $5.11
12/31/20215,270,000 shares $25.93 million -15.5%0.5%0.7 $4.92
12/15/20216,240,000 shares $31.76 million -9.8%0.6%0.7 $5.09
11/30/20216,920,000 shares $31.28 million -8.6%0.6%0.8 $4.52
11/15/20217,570,000 shares $34.90 million -23.7%0.7%0.8 $4.61
10/29/20219,920,000 shares $46.92 million +44.0%0.9%1.1 $4.73
10/15/20216,890,000 shares $35.28 million +71.8%0.6%0.8 $5.12
9/30/20214,010,000 shares $19.73 million -72.2%0.4%0.4 $4.92
9/15/202114,430,000 shares $74.60 million +12.5%1.3%1.5 $5.17
8/31/202112,830,000 shares $69.54 million -4.5%1.1%1.3 $5.42
8/13/202113,440,000 shares $79.97 million +6.1%1.2%1.2 $5.95
7/30/202112,670,000 shares $75.13 million +246.2%1.1%0.9 $5.93
7/15/20213,660,000 shares $21.26 million +33.1%0.3%0.2 $5.81
6/30/20212,750,000 shares $16.23 million +0.4%0.2%0.2 $5.90
6/15/20212,740,000 shares $17.29 million -51.6%0.2%0.1 $6.31
5/28/20215,660,000 shares $35.38 million -59.5%0.5%0.3 $6.25
5/14/202113,980,000 shares $93.95 million +10.3%1.2%0.7 $6.72
4/30/202112,680,000 shares $81.79 million +110.3%1.1%0.8 $6.45
4/15/20216,030,000 shares $34.19 million +19.6%0.5%0.4 $5.67
3/31/20215,040,000 shares $25.70 million +123.0%0.5%0.5 $5.10
3/15/20212,260,000 shares $11.10 million -40.5%0.2%0.3 $4.91
2/26/20213,800,000 shares $17.82 million +63.8%0.3%0.6 $4.69
2/12/20212,320,000 shares $10.37 million -14.1%0.2%0.4 $4.47
1/29/20212,700,000 shares $12.07 million -15.4%0.2%0.5 $4.47
1/15/20213,190,000 shares $17.00 million No Change0.3%0.6 $5.33
1/31/202064,060,000 shares $299.80 million +0.9%5.7%5.9 $4.68
1/15/202064,060,000 shares $320.94 million +0.9%5.7%5.9 $5.01
12/31/201963,490,000 shares $311.10 million +0.7%5.6%6.6 $4.90

GGB Short Interest - Frequently Asked Questions

What is Gerdau's current short interest?

Short interest is the volume of Gerdau shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 3,810,000 shares of GGB short. 0.28% of Gerdau's shares are currently sold short. Learn More on Gerdau's current short interest.

Which institutional investors are shorting Gerdau?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Gerdau: PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Gerdau?

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. 0.28% of Gerdau's floating shares are currently sold short.

Is Gerdau's short interest increasing or decreasing?

Gerdau saw a drop in short interest in April. As of April 30th, there was short interest totaling 3,810,000 shares, a drop of 2.6% from the previous total of 3,910,000 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 Gerdau's float size?

Gerdau currently has issued a total of 2,108,480,000 shares. Some of Gerdau'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. Gerdau currently has a public float of 1,380,000,000 shares.

How does Gerdau's short interest compare to its competitors?

0.28% of Gerdau's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to Gerdau: FMC Co. (7.21%), Axalta Coating Systems Ltd. (3.05%), Pan American Silver Corp. (3.96%), United States Steel Co. (8.62%), ATI Inc. (5.27%), Cleveland-Cliffs Inc. (6.41%), Ternium S.A. (0.21%), Royal Gold, Inc. (4.98%), Alamos Gold Inc. (1.04%), Olin Co. (2.10%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Gerdau stock?

Short selling GGB is an investing strategy that aims to generate trading profit from Gerdau as its price is falling. GGB shares are trading up $0.07 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.

How does a short squeeze work against Gerdau?

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

How often is Gerdau'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 GGB, twice per month. The most recent reporting period available is April, 30 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:GGB) was last updated on 5/25/2024 by MarketBeat.com Staff

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