Grove Collaborative (GROV) Short Interest Ratio & Short Volume

Short interest is the volume of Grove Collaborative shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 1,090,000 shares of GROV short. 6.60% of Grove Collaborative's shares are currently sold short. Learn More on Grove Collaborative'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. GROV shares currently have a short interest ratio of 13.0. Learn More on Grove Collaborative's short interest ratio.

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. 6.60% of Grove Collaborative's floating shares are currently sold short.

Grove Collaborative currently has issued a total of 38,170,000 shares. Some of Grove Collaborative'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. Grove Collaborative currently has a public float of 16,510,000 shares.

6.60% of Grove Collaborative's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to Grove Collaborative: ThredUp Inc. (8.60%), Moolec Science SA (0.12%), Tupperware Brands Co. (24.28%), Oxus Acquisition Corp. (0.04%), Benson Hill, Inc. (9.15%), Bridgford Foods Co. (0.23%), Yunhong Green CTI Ltd. (0.33%), Local Bounti Co. (2.33%), Davis Commodities Limited (9.02%), Willamette Valley Vineyards, Inc. (0.03%),

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 GROV is an investing strategy that aims to generate trading profit from Grove Collaborative as its price is falling. 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 Grove Collaborative 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 GROV, 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 GROV, twice per month. The most recent reporting period available is April, 15 2024.