The Gabelli Healthcare & Wellness Trust Short Interest Ratio and Short Volume

Short interest is the volume of The Gabelli Healthcare & Wellness Trust shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 6,900 shares of GRX short.

The Gabelli Healthcare & Wellness Trust saw a decrease in short interest in February. As of February 12th, there was short interest totaling 6,900 shares, a decrease of 20.7% from the previous total of 8,700 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.

0.00% of The Gabelli Healthcare & Wellness Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "investment trusts/mutual funds" compare to The Gabelli Healthcare & Wellness Trust: Aberdeen Global Dynamic Dividend Fund (0.00%), Aberdeen Income Credit Strategies Fund (0.00%), Aberdeen International Inc. (0.00%), Aberdeen Total Dynamic Dividend Fund (0.00%), AllianceBernstein National Municipal Income Fund (0.00%), AllianzGI Convertible & Income 2024 Target Term Fund (0.00%), Apollo Tactical Income Fund Inc. (0.00%), Ares Dynamic Credit Allocation Fund, Inc. (0.00%), BlackRock 2022 Global Income Opportunity Trust (0.00%), and BlackRock Corporate High Yield Fund, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling GRX is an investing strategy that aims to generate trading profit from The Gabelli Healthcare & Wellness Trust as its price is falling. The Gabelli Healthcare & Wellness Trust's stock is trading up $0.21 today. To short The Gabelli Healthcare & Wellness Trust 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 The Gabelli Healthcare & Wellness Trust 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 The Gabelli Healthcare & Wellness Trust 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 GRX, 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 GRX, twice per month. The most recent reporting period available is February, 12 2021.