Granite Point Mortgage Trust (GPMT) Short Interest Ratio & Short Volume

Short interest is the volume of Granite Point Mortgage Trust shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 510,300 shares of GPMT short. 1.03% of Granite Point Mortgage Trust's shares are currently sold short. Learn More on Granite Point Mortgage Trust'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. GPMT shares currently have a short interest ratio of 1.0. Learn More on Granite Point Mortgage Trust's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Granite Point Mortgage Trust: Simplex Trading 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. 1.03% of Granite Point Mortgage Trust's floating shares are currently sold short.

Granite Point Mortgage Trust saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 510,300 shares, an increase of 7.5% from the previous total of 474,500 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.

Granite Point Mortgage Trust currently has issued a total of 50,790,000 shares. Some of Granite Point Mortgage Trust'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. Granite Point Mortgage Trust currently has a public float of 49,500,000 shares.

1.03% of Granite Point Mortgage Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "real estate investment trusts" compare to Granite Point Mortgage Trust: NexPoint Real Estate Finance, Inc. (0.76%), Alpine Income Property Trust, Inc. (1.44%), Industrial Logistics Properties Trust (1.01%), Braemar Hotels & Resorts (3.13%), City Office REIT, Inc. (1.06%), Orion Office REIT Inc. (2.35%), Chicago Atlantic Real Estate Finance, Inc. (2.42%), AG Mortgage Investment Trust, Inc. (0.37%), Postal Realty Trust, Inc. (0.62%), Modiv Industrial, Inc. (0.21%),

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.

Short selling GPMT is an investing strategy that aims to generate trading profit from Granite Point Mortgage Trust as its price is falling. GPMT shares are trading down $0.12 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 Granite Point Mortgage Trust 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 GPMT, 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 GPMT, twice per month. The most recent reporting period available is April, 15 2024.