GSX Techedu (GSX) Short Interest Ratio & Short Volume

Short interest is the volume of GSX Techedu shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 23,490,000 shares of GSX short. Learn More on GSX Techedu'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. GSX shares currently have a short interest ratio of 2.0. Learn More on GSX Techedu's short interest ratio.

GSX Techedu saw a decrease in short interest in April. As of April 15th, there was short interest totaling 23,490,000 shares, a decrease of 34.0% from the previous total of 35,590,000 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 "business services" compare to GSX Techedu: Gaotu Techedu Inc. (6.35%), Youdao, Inc. (1.38%), GigaCloud Technology Inc. (17.01%), AvePoint, Inc. (5.39%), Brookfield Business Partners L.P. (0.01%), V2X, Inc. (1.23%), Stagwell Inc. (4.63%), Steelcase Inc. (2.99%), Advantage Solutions Inc. (30.68%), Lumen Technologies, Inc. (14.62%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), Nuance Communications, Inc. ($2.18 billion), and Palo Alto Networks, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling GSX is an investing strategy that aims to generate trading profit from GSX Techedu as its price is falling. GSX shares are trading up $0.20 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 GSX Techedu 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 GSX, 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 GSX, twice per month. The most recent reporting period available is April, 15 2021.