GameStop - GME Short Interest Ratio & 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 September 15th, traders have sold 49,530,000 shares of GME 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. GME shares currently have a short interest ratio of 6.0. Learn More on GameStop's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of GameStop: Prelude Capital Management LLC, Goldman Sachs Group Inc., Nomura Holdings Inc., Centiva Capital LP, Parallax Volatility Advisers L.P., Jane Street Group LLC, Wolverine Trading LLC, Price T Rowe Associates Inc. MD, CSS LLC IL, Parallax Volatility Advisers L.P., Citadel Advisors LLC, Millennium Management LLC, Concourse Financial Group Securities Inc., Sculptor Capital LP, DRW Securities LLC, Cetera Advisor Networks LLC, Group One Trading L.P., Twin Tree Management LP, UBS Group AG, Bank of Montreal Can, JPMorgan Chase & Co., Walleye Trading LLC, Performa Ltd US LLC, Clear Street Markets LLC, Belvedere Trading LLC, XR Securities LLC, and CenterStar Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

GameStop saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 49,530,000 shares, a decline of 0.1% from the previous total of 49,590,000 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.

Here is how the short interest of companies in the sector of "retail/wholesale" compare to GameStop: Casey's General Stores, Inc. (2.04%), Five Below, Inc. (10.42%), Burlington Stores, Inc. (5.53%), Penske Automotive Group, Inc. (16.64%), Bath & Body Works, Inc. (6.33%), Williams-Sonoma, Inc. (17.47%), Fortune Brands Home & Security, Inc. (1.86%), Tapestry, Inc. (4.36%), Performance Food Group (3.16%), and DICK'S Sporting Goods, Inc. (24.02%).

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 GME is an investing strategy that aims to generate trading profit from GameStop as its price is falling. GME shares are trading down $0.40 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 GameStop 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 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 September, 15 2022.