Genco Shipping & Trading (GNK) Short Interest Ratio & Short Volume → The Next Step of Their Control Is Here … (From Weiss Ratings) (Ad) Free GNK Stock Alerts $21.56 +0.33 (+1.55%) (As of 03:52 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Genco Shipping & Trading Short Interest DataCurrent Short Volume1,210,000 sharesPrevious Short Volume897,200 sharesChange Vs. Previous Month+34.86%Dollar Volume Sold Short$25.00 millionShort Interest Ratio / Days to Cover1.7Last Record DateApril 15, 2024Outstanding Shares42,750,000 sharesFloat Size37,700,000 sharesShort Percent of Float3.21%Today's Trading Volume378,639 sharesAverage Trading Volume711,699 sharesToday's Volume Vs. Average53% Short Selling Genco Shipping & Trading ? Sign up to receive the latest short interest report for Genco Shipping & Trading and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatGNK Short Interest Over TimeGNK Days to Cover Over TimeGNK Percentage of Float Shorted Over Time Ad Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. Genco Shipping & Trading Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/15/20241,210,000 shares $25.00 million +34.9%3.2%1.7 $20.66 3/31/2024897,200 shares $18.24 million -22.7%2.4%1.2 $20.33 3/15/20241,160,000 shares $23.70 million -0.9%3.1%1.5 $20.43 2/29/20241,170,000 shares $23.87 million +3.5%3.1%1.5 $20.40 2/15/20241,130,000 shares $19.98 million -7.4%3.0%1.5 $17.68 1/31/20241,220,000 shares $21.40 million +6.1%3.3%1.6 $17.54 Get the Latest News and Ratings for GNK and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Genco Shipping & Trading and its competitors with MarketBeat's FREE daily newsletter. 1/15/20241,150,000 shares $18.34 million -5.7%3.1%1.5 $15.95 12/31/20231,220,000 shares $20.24 million -16.4%3.3%1.7 $16.59 12/15/20231,460,000 shares $22.92 million -2.7%3.7%2.1 $15.70 11/30/20231,500,000 shares $23.31 million -1.3%3.8%2.2 $15.54 11/15/20231,520,000 shares $21.22 million -20.0%3.8%2.4 $13.96 10/31/20231,900,000 shares $25.01 million -10.8%4.8%3.1 $13.17 10/15/20232,130,000 shares $30.71 million +3.4%5.4%3.4 $14.42 9/30/20232,060,000 shares $28.82 million +6.7%5.2%3.2 $13.99 9/15/20231,930,000 shares $26.46 million -4.0%4.8%3 $13.71 8/31/20232,010,000 shares $27.50 million +16.9%5.0%3.1 $13.68 8/15/20231,720,000 shares $23.97 million -1.2%4.3%2.3 $13.94 7/31/20231,740,000 shares $25.24 million -2.3%4.4%2.2 $14.51 7/15/20231,780,000 shares $24.10 million -7.8%4.5%2.2 $13.54 6/30/20231,930,000 shares $27.07 million -12.3%4.9%2.3 $14.03 6/15/20232,200,000 shares $31.72 million +5.3%5.5%2.6 $14.42 5/31/20232,090,000 shares $25.94 million -14.0%5.2%2.3 $12.41 5/15/20232,430,000 shares $33.97 million +24.0%6.1%2.4 $13.98 4/30/20231,960,000 shares $30.20 million -1.0%4.9%2 $15.41 4/15/20231,980,000 shares $32.27 million -13.9%5.0%2 $16.30 3/31/20232,300,000 shares $36.02 million -16.4%5.8%2.3 $15.66 3/15/20232,750,000 shares $44.41 million +19.1%6.9%2.7 $16.15 2/28/20232,310,000 shares $44.01 million -16.9%5.8%2.5 $19.05 2/15/20232,780,000 shares $51.87 million +29.9%7.0%3.2 $18.66 1/31/20232,140,000 shares $38.82 million -14.7%5.4%2.3 $18.14 1/15/20232,510,000 shares $40.49 million +47.7%6.3%2.7 $16.13 12/30/20221,700,000 shares $26.11 million -10.5%4.3%1.8 $15.36 12/15/20221,900,000 shares $28.20 million +8.6%4.8%1.8 $14.84 11/30/20221,750,000 shares $25.95 million -2.2%4.4%1.6 $14.83 11/15/20221,790,000 shares $29.02 million -16.0%4.5%1.5 $16.21 10/31/20222,130,000 shares $28.54 million +24.6%5.4%1.9 $13.40 10/15/20221,710,000 shares $23.99 million -1.7%4.4%1.4 $14.03 9/30/20221,740,000 shares $21.80 million +2.4%4.5%1.5 $12.53 9/15/20221,700,000 shares $23.97 million +5.6%4.4%1.6 $14.10 8/31/20221,610,000 shares $22.07 million -13.4%4.2%1.5 $13.71Move Your Money Before May 1 (Ad)Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens? Click here to get the full story before May 1. GNK Short Interest - Frequently Asked Questions What is Genco Shipping & Trading's current short interest? Short interest is the volume of Genco Shipping & Trading shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 1,210,000 shares of GNK short. 3.21% of Genco Shipping & Trading's shares are currently sold short. Learn More on Genco Shipping & Trading's current short interest. What is a good short interest ratio for Genco Shipping & Trading? 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. GNK shares currently have a short interest ratio of 2.0. Learn More on Genco Shipping & Trading's short interest ratio. What is a good short interest percentage for Genco Shipping & Trading? 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. 3.21% of Genco Shipping & Trading's floating shares are currently sold short. Is Genco Shipping & Trading's short interest increasing or decreasing? Genco Shipping & Trading saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,210,000 shares, an increase of 34.9% from the previous total of 897,200 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 Genco Shipping & Trading's float size? Genco Shipping & Trading currently has issued a total of 42,750,000 shares. Some of Genco Shipping & Trading'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. Genco Shipping & Trading currently has a public float of 37,700,000 shares. How does Genco Shipping & Trading's short interest compare to its competitors? 3.21% of Genco Shipping & Trading's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Genco Shipping & Trading: Global Ship Lease, Inc. (3.93%), Tsakos Energy Navigation Limited (0.82%), Navigator Holdings Ltd. (1.00%), Ardmore Shipping Co. (2.26%), Teekay Co. (0.70%), Safe Bulkers, Inc. (3.86%), Navios Maritime Partners L.P. (1.05%), Costamare Inc. (2.86%), Overseas Shipholding Group, Inc. (0.89%), ZIM Integrated Shipping Services Ltd. (33.44%), 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. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks. What does it mean to sell short Genco Shipping & Trading stock? Short selling GNK is an investing strategy that aims to generate trading profit from Genco Shipping & Trading as its price is falling. GNK shares are trading up $0.33 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 Genco Shipping & Trading? A short squeeze for Genco Shipping & Trading 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 GNK, which in turn drives the price of the stock up even further. How often is Genco Shipping & Trading'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 GNK, twice per month. The most recent reporting period available is April, 15 2024. More Short Interest Resources from MarketBeat Related Companies: Global Ship Lease Short Interest Data Tsakos Energy Navigation Short Interest Data Navigator Short Interest Data Ardmore Shipping Short Interest Data Teekay Short Interest Data Safe Bulkers Short Interest Data Navios Maritime Partners Short Interest Data Costamare Short Interest Data Overseas Shipholding Group Short Interest Data ZIM Integrated Shipping Services Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:GNK) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldMan Who Predicted 2008: “This Will be Worse.”AltimetryEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsTrump is sounding the alarmPreserve GoldJim Cramer’s “The Biggest Drug Ever”Behind the MarketsFed launches fourth dollar overhaulStansberry Research