GameStop Short Interest Ratio and Short Volume

Short interest is the volume of GameStop shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 7,800,000 shares of GME short. 12.35% of GameStop's shares are currently sold short. Learn More on GameStop's 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. GameStop currently has a short interest ratio of 2.0. Learn More on a good short interest ratio for GameStop

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of GameStop: Jefferies Group LLC, Bluefin Capital Management LLC, Walleye Trading LLC, Millennium Management LLC, Marathon Trading Investment Management LLC, Parallax Volatility Advisers L.P., 683 Capital Management LLC, Anchorage Capital Group L.L.C., Citadel Advisors LLC, Boothbay Fund Management LLC, Caas Capital Management LP, CMT Capital Markets Trading GmbH, Bank of America Corp DE, SG3 Management LLC, Bluefin Capital Management LLC, Caxton Associates LP, Ionic Capital Management LLC, Hunting Hill Global Capital LLC, Warberg Asset Management LLC, Jefferies Group LLC, Taconic Capital Advisors LP, Goldman Sachs Group Inc., Shay Capital LLC, PEAK6 Investments LLC, Golden State Equity Partners, WS Management Lllp, DRW Securities LLC, Loews Corp, Simplex Trading LLC, JPMorgan Chase & Co., Strategic Blueprint LLC, HAP Trading LLC, Picton Mahoney Asset Management, Banque Cantonale Vaudoise, Citigroup Inc., Wolverine Trading LLC, HighTower Advisors LLC, IMC Chicago LLC, Creative Planning, TCI Wealth Advisors Inc., Performa Ltd US LLC, Clear Street Markets LLC, Cutler Group LP, XR Securities LLC, and CTC LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 12.35% of GameStop's floating shares are currently sold short.

GameStop saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,800,000 shares, an increase of 3.0% from the previous total of 7,570,000 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.

GameStop currently has issued a total of 76,491,000 shares. Some of GameStop'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. GameStop currently has a public float of 63,170,000 shares.

12.35% of GameStop's shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to GameStop: Carvana Co. (0.00%), Chipotle Mexican Grill, Inc. (2.82%), Dollar General Co. (1.66%), Coupang, Inc. (7.66%), ITOCHU Co. (0.00%), eBay Inc. (4.82%), O'Reilly Automotive, Inc. (1.42%), Match Group, Inc. (4.91%), Walgreens Boots Alliance, Inc. (2.16%), and Seven & i Holdings Co., Ltd. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling GME is an investing strategy that aims to generate trading profit from GameStop as its price is falling. GameStop's stock is trading up $3.09 today. To short GameStop 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 GameStop 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 GameStop 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 GME, 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 GME, twice per month. The most recent reporting period available is August, 31 2021.