S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
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Garrett Motion Short Interest Ratio and Short Volume

Today's Range N/A
50-Day Range
MA: $4.60
52-Week Range N/A
Volume18.47 million shs
Average Volume1.40 million shs
Market Capitalization$465.92 million
P/E Ratio2.16
Dividend YieldN/A

Short Interest

Garrett Motion (NYSE:GTX) Short Interest Data

Current Short Volume:2,090,000 shares
Previous Short Volume:1,370,000 shares
Change Vs. Previous Month:+52.55%
Dollar Volume Sold Short:$6.81 million
Short Interest Ratio / Days to Cover:1.0
Last Record Date:August, 31 2020
Outstanding Shares:74,580,000 shares
Float Size:74,560,000 shares
Short Percent of Float:2.80%
Today's Trading Volume:18,470,600 shares
Average Trading Volume:1,401,022 shares
Today's Volume Vs. Average:1,218.37%

Garrett Motion (NYSE:GTX) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
8/31/20202,090,000 $6.81 million 52.6%2.8%1.2$3.26
8/14/20201,370,000 $3.64 million -14.9%1.8%1.5$2.66
7/31/20201,610,000 $11.46 million -16.6%2.2%1.7$7.12
7/15/20201,930,000 $11.35 million 3.8%2.6%2.2$5.88
6/30/20201,860,000 $13.24 million -5.1%0.0%2.2$7.12
6/15/20201,960,000 $9.86 million 2.1%0.0%2.1$5.03
5/29/20201,920,000 $9.56 million -18.6%0.0%1.9$4.98
5/15/20202,360,000 $12.20 million -7.5%0.0%2.2$5.17
4/30/20202,550,000 $13.36 million 9.4%0.0%2.5$5.24
4/15/20202,330,000 $13.07 million 12.6%0.0%2.3$5.61
3/31/20202,070,000 $8.90 million -25.9%2.8%2$4.30
3/13/20202,793,700 $12.15 million 17.9%3.8%3$4.35
2/28/20202,370,000 $6.85 million 54.9%3.2%2.6$2.89
2/14/20201,530,000 $7.54 million -5.6%2.1%1.8$4.93
1/31/20201,620,000 $11.65 million -0.6%2.2%2$7.19
1/15/20201,630,000 $14.25 million 23.5%2.2%2$8.74
12/31/20191,320,000 $12.43 million -32.7%1.8%1.7$9.42
8/15/20194,079,200 $42.14 million -13.3%5.5%4.8$10.33

Garrett Motion (NYSE:GTX) Short Interest FAQ

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What is Garrett Motion's current short interest?

Short interest is the volume of Garrett Motion shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 2,090,000 shares of GTX short. 2.80% of Garrett Motion's shares are currently sold short. View details.

What is a good short interest ratio for Garrett Motion?

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. Garrett Motion currently has a short interest ratio of 1.0.

What is a good short interest percentage for Garrett Motion?

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. 2.80% of Garrett Motion's floating shares are currently sold short.

Is Garrett Motion's short interest increasing or decreasing?

Garrett Motion saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,090,000 shares, an increase of 52.6% from the previous total of 1,370,000 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.

What is Garrett Motion's float size?

Garrett Motion currently has issued a total of 75,636,000 shares. Some of Garrett Motion'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. Garrett Motion currently has a public float of 74,560,000 shares.

How does Garrett Motion's short interest compare to its competitors?

2.80% of Garrett Motion's shares are currently sold short. Here is how the short interest of companies in the industry of "motor vehicle parts & accessories" compare to Garrett Motion: Patrick Industries, Inc. (4.57%), American Axle & Manufacturing Holdings, Inc. (5.93%), Standard Motor Products, Inc. (1.46%), Stoneridge, Inc. (1.73%), Modine Manufacturing (1.18%), Hennessy Capital Acquisition Corp. IV (2.19%), Tenneco Inc. (0.00%), Cooper-Standard Holdings Inc. (9.46%), Motorcar Parts of America, Inc. (14.66%), and Iochpe-Maxion S.A. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.13 billion), Aon Plc ($3.40 billion), The Clorox Company ($3.09 billion), ViacomCBS Inc. ($2.81 billion), The Charles Schwab Co. ($2.80 billion), The Kroger Co. ($1.95 billion), Simon Property Group, Inc. ($1.82 billion), RH ($1.71 billion), International Flavors & Fragrances Inc. ($1.69 billion), and C.H. Robinson Worldwide, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Garrett Motion stock?

Short selling GTX is an investing strategy that aims to generate trading profit from Garrett Motion as its price is falling. To short Garrett Motion 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 Garrett Motion 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.

How does a short squeeze work against Garrett Motion?

A short squeeze for Garrett Motion 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 GTX, which in turn drives the price of the stock up even further.

How often is Garrett Motion's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GTX, twice per month. The most recent reporting period available is August, 31 2020.

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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