NYSE:GL

Globe Life Short Interest Ratio and Short Volume

$104.27
-0.14 (-0.13 %)
(As of 04/19/2021 12:00 AM ET)
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Today's Range
$103.91
Now: $104.27
$105.05
50-Day Range
$93.40
MA: $99.04
$104.41
52-Week Range
$62.75
Now: $104.27
$105.04
Volume317,016 shs
Average Volume436,824 shs
Market Capitalization$12.09 billion
P/E Ratio15.82
Dividend Yield0.76%
Beta1.13

Short Interest

Globe Life (NYSE:GL) Short Interest Data

Current Short Volume730,600 shares
Previous Short Volume1,000,000 shares
Change Vs. Previous Month:-26.94%
Dollar Volume Sold Short$73.64 million
Short Interest Ratio / Days to Cover1.7
Last Record DateMarch, 31 2021
Outstanding Shares109,940,000 shares
Percentage of Shares Shorted0.63%
Today's Trading Volume317,016 shares
Average Trading Volume436,824 shares
Today's Volume Vs. Average-27.43%

Short Interest Over Time


Globe Life (NYSE:GL) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021730,600 shares $73.64 million -26.9%N/A1.7 $100.80
3/15/20211,000,000 shares $98.46 million +2.2%1.0%2.2 $98.46
2/26/2021978,700 shares $98.99 million -4.1%1.0%2.2 $101.14
2/12/20211,020,000 shares $95.27 million +19.3%1.0%2.3 $93.40
1/29/2021854,900 shares $78.96 million +25.9%0.8%2 $92.36
1/15/2021679,200 shares $63.00 million +3.4%0.7%1.6 $92.76
12/31/20201,140,000 shares $108.71 million -5.0%1.1%2.6 $95.36
12/15/20201,140,000 shares $105.26 million -5.0%1.1%2.6 $92.33
11/30/20201,200,000 shares $111.43 million +0.8%1.2%2.6 $92.86
11/15/20201,190,000 shares $110.79 million +7.2%1.2%2.6 $93.10
10/30/20201,110,000 shares $102.16 million -2.6%1.1%2.4 $92.04
10/15/20201,140,000 shares $92.74 million -1.7%1.1%2.4 $81.35
9/30/20201,160,000 shares $94.33 million -4.1%1.1%2.4 $81.32
9/15/20201,210,000 shares $94.95 million -9.0%1.2%2.3 $78.47
8/31/20201,330,000 shares $106.13 million -14.7%1.3%2.5 $79.80
8/14/20201,560,000 shares $127.97 million -6.0%1.5%2.9 $82.03
7/31/20201,660,000 shares $138.93 million +13.7%1.6%2.6 $83.69
7/15/20201,460,000 shares $116.22 million +13.2%1.4%2.2 $79.60
6/30/20201,290,000 shares $103.68 million -20.9%1.2%1.9 $80.37
6/15/20201,630,000 shares $118.99 million -9.9%1.6%2.3 $73.00
5/29/20201,810,000 shares $128.85 million -24.0%1.7%2.4 $71.19
5/15/20202,380,000 shares $183.31 million +8.7%2.3%3 $77.02
4/30/20202,190,000 shares $171.78 million -15.4%2.1%3.1 $78.44
4/15/20202,590,000 shares $194.53 million -1.5%2.5%3.8 $75.11
3/31/20202,630,000 shares $200.06 million -14.0%2.5%4.1 $76.07

Globe Life (NYSE:GL) Short Interest FAQ

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What is Globe Life's current short interest?

Short interest is the volume of Globe Life shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 730,600 shares of GL short.

What is a good short interest ratio for Globe Life?

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. Globe Life currently has a short interest ratio of 2.0.

Is Globe Life's short interest increasing or decreasing?

Globe Life saw a decline in short interest in March. As of March 31st, there was short interest totaling 730,600 shares, a decline of 26.9% from the previous total of 1,000,000 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.

How does Globe Life's short interest compare to its competitors?

0.00% of Globe Life's shares are currently sold short. Here is how the short interest of companies in the industry of "life insurance" compare to Globe Life: Manulife Financial Co. (0.31%), Prudential Financial, Inc. (1.15%), Sun Life Financial Inc. (0.16%), Swiss Re AG (0.00%), Aviva plc (0.00%), Lincoln National Co. (3.35%), Aegon (0.13%), Athene Holding Ltd. (5.09%), Reinsurance Group of America, Incorporated (0.00%), and Voya Financial, Inc. (13.19%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Globe Life stock?

Short selling GL is an investing strategy that aims to generate trading profit from Globe Life as its price is falling. Globe Life's stock is trading down $0.14 today. To short Globe Life 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 Globe Life 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 Globe Life?

A short squeeze for Globe Life 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 GL, which in turn drives the price of the stock up even further.

How often is Globe Life'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 GL, twice per month. The most recent reporting period available is March, 31 2021.



This page was last updated on 4/19/2021 by MarketBeat.com Staff
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