GSX Techedu Short Interest Ratio and Short Volume

Short interest is the volume of GSX Techedu shares that have been sold short but have not yet been covered or closed out. As of January 29th, investors have sold 46,690,000 shares of GSX short.

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 Techedu currently has a short interest ratio of 8.0.

GSX Techedu saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 46,690,000 shares, a drop of 27.9% from the previous total of 64,720,000 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.

0.00% of GSX Techedu's shares are currently sold short. Here is how the short interest of companies in the industry of "educational services" compare to GSX Techedu: TAL Education Group (0.00%), New Oriental Education & Technology Group Inc. (0.00%), Chegg, Inc. (0.00%), Grand Canyon Education, Inc. (2.64%), Youdao, Inc. (0.00%), Graham Holdings (1.52%), Laureate Education, Inc. (7.81%), Strategic Education, Inc. (0.00%), Afya Limited (0.00%), and Adtalem Global Education Inc. (5.43%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 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 Techedu's stock is trading up $0.93 today. To short GSX Techedu 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 GSX Techedu 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 January, 29 2021.