General Moly (GMO) Short Interest Ratio & Short Volume

Short interest is the volume of General Moly shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 230,200 shares of GMO short. 0.29% of General Moly's shares are currently sold short. Learn More on General Moly's current short interest.

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. 0.29% of General Moly's floating shares are currently sold short.

General Moly saw a increase in short interest in September. As of September 30th, there was short interest totaling 230,200 shares, an increase of 3.7% from the previous total of 221,900 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.

General Moly currently has issued a total of 152,930,000 shares. Some of General Moly'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. General Moly currently has a public float of 78,910,000 shares.

0.29% of General Moly's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to General Moly: Millennium Group International Holdings Limited (0.56%), Timberline Resources Co. (0.23%), Gulf Resources, Inc. (0.14%), Electra Battery Materials Co. (0.44%), ZK International Group Co., Ltd. (0.29%), Foremost Lithium Resource & Technology Ltd. (1.15%), Canadian Critical Minerals Inc. (0.07%), Sabre Gold Mines Corp. (0.04%), Pure Energy Minerals Limited (0.09%), Toro Energy Limited (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.91 billion), Aon plc ($3.68 billion), The Clorox Company ($2.92 billion), Analog Devices, Inc. ($2.35 billion), Uber Technologies, Inc. ($2.27 billion), Moderna, Inc. ($2.14 billion), The Kroger Co. ($2.14 billion), Datadog, Inc. ($2.00 billion), Simon Property Group, Inc. ($1.85 billion), and International Flavors & Fragrances Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling GMO is an investing strategy that aims to generate trading profit from General Moly 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 General Moly 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 GMO, 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 GMO, twice per month. The most recent reporting period available is September, 30 2020.