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Grayscale Bitcoin Trust ETF (GBTC) Short Interest Ratio & Short Volume

Grayscale Bitcoin Trust ETF logo
$46.80 -2.54 (-5.15%)
As of 06/5/2026 04:10 PM Eastern

Grayscale Bitcoin Trust ETF Short Interest Overview

As of May 15, 2026, Grayscale Bitcoin Trust ETF (GBTC) had a short interest of 2.95 million shares sold short, representing 1.22% of the public float. This marks a -2.19% decrease in short interest since the prior report. The short interest ratio (days to cover) is 1.8, meaning it would take 1.8 days of the average trading volume of 3.67 million shares to cover all short positions.

Current Short Interest
2,948,295 shares
Previous Short Interest
3,014,451 shares
Change Vs. Previous Month
-2.19%
Dollar Volume Sold Short
$181.14 million
Short Interest Ratio
1.8 Days to Cover
Last Record Date
May 15, 2026
Outstanding Shares
240,750,000 shares
Short Percent of Float
1.22%
Today's Trading Volume
5,946,268 shares
Average Trading Volume
3,673,010 shares
Today's Volume Vs. Average
162%
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Skip Charts & View Short Interest History

GBTC Short Interest Over Time

GBTC Days to Cover Over Time

GBTC Percentage of Float Shorted Over Time

Grayscale Bitcoin Trust ETF Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20262,948,295 shares $181.14 million -2.2%1.2%1.79 $61.44
4/30/20263,014,451 shares $179.06 million +123.7%1.3%1.46 $59.40
4/15/20261,347,705 shares $78.67 million +48.5%0.6%0.6 $58.37
3/31/2026907,626 shares $47.89 million -33.1%0.4%0.26 $52.76
3/13/20261,356,294 shares $75.23 million +4.0%0.6%0.32 $55.47
2/27/20261,304,535 shares $66.70 million -66.3%0.5%0.36 $51.13
2/13/20263,869,180 shares $207.50 million -2.6%1.6%0.46 $53.63
1/30/20263,973,214 shares $259.73 million +551.0%1.7%0.83 $65.37
1/15/2026610,369 shares $45.37 million +16.5%0.3%0.13 $74.33
12/31/2025523,899 shares $35.81 million -42.5%0.2%0.11 $68.36
12/15/2025910,585 shares $61.05 million -13.1%0.4%0.18 $67.05
11/28/20251,047,437 shares $74.38 million +3.3%0.4%0.14 $71.01
11/14/20251,014,102 shares $74.82 million -28.2%0.4%0.2 $73.78
10/31/20251,412,541 shares $121.51 million +97.9%0.6%0.25 $86.02
10/15/2025713,700 shares $62.26 million +5.4%0.3%0.2 $87.23
9/30/2025677,100 shares $60.78 million -1.3%N/A0.3 $89.77
9/15/2025685,900 shares $62.07 million -16.5%N/A0.3 $90.49
8/31/2025821,600 shares $69.83 million -4.6%0.3%0.4 $84.99
8/15/2025861,100 shares $79.14 million -8.6%N/A0.4 $91.90
7/31/2025942,200 shares $86.48 million +67.5%0.4%0.4 $91.78
7/15/2025562,600 shares $51.55 million -26.5%N/A0.3 $91.63
6/30/2025765,800 shares $64.96 million +2.4%0.3%0.4 $84.83
6/15/2025748,200 shares $61.97 million -16.2%0.3%0.4 $82.83
5/31/2025893,200 shares $73.69 million +33.0%0.4%0.4 $82.50
5/15/2025671,500 shares $54.65 million +20.5%N/A0.3 $81.38
4/30/2025557,400 shares $41.40 million -29.9%N/A0.2 $74.27
4/15/2025795,500 shares $52.81 million +28.3%N/A0.3 $66.38
3/14/2025801,500 shares $53.66 million +3.5%N/A0.3 $66.95
2/28/2025774,800 shares $51.61 million +10.8%N/A0.2 $66.61
2/14/2025699,400 shares $53.86 million -32.1%N/A0.2 $77.01
1/31/20251,030,000 shares $82.82 million -7.2%N/A0.3 $80.41
1/15/20251,110,000 shares $87.66 million +22.5%N/A0.3 $78.97
12/31/2023285,600 shares $9.89 million -81.9%N/A0 $34.62
12/15/20231,578,000 shares $53.81 million +945.7%N/A0.1 $34.10
11/30/2023150,900 shares $4.56 million +7.6%N/A0 $30.25
11/15/2023140,300 shares $4.18 million -76.3%N/A0 $29.76
10/31/2023591,000 shares $15.82 million +81.3%N/A0.1 $26.76
10/15/2023326,000 shares $6.60 million +17.2%N/A0.1 $20.24
9/30/2023278,200 shares $5.34 million -36.2%N/A0.1 $19.19
9/15/2023435,900 shares $8.40 million -11.8%N/A0.1 $19.26
One firm shipped 5 billion parts to SpaceX - and no one knows (Ad)

June 12 is the reported deadline for a major announcement tied to Elon Musk's so-called 'Project Unlimited' - and one under-the-radar tech firm may be at the center of it all. This company has already shipped 5 billion critical components to SpaceX. Because SpaceX has remained private, the partnership has gone almost entirely unnoticed - but that changes the moment the $1.75 trillion IPO goes public and analysts start digging into the supply chain.tc pixel

Get the name of this hidden SpaceX supplier before the June deadline
8/31/2023494,300 shares $9.25 million +162.7%N/A0.1 $18.71
8/15/2023188,200 shares $3.70 million +12.4%N/A0 $19.66
7/31/2023167,400 shares $3.20 million -64.4%N/A0 $19.11
7/15/2023469,900 shares $9.28 million +58.1%N/A0.1 $19.75
6/30/2023297,300 shares $5.71 million +30.3%N/A0 $19.19
6/15/2023228,200 shares $3.06 million +4.1%N/A0.1 $13.40
5/31/2023219,200 shares $3.04 million +5.0%N/A0.1 $13.89
5/15/2023208,700 shares $3.13 million -12.1%N/A0.1 $15.00
4/30/2023237,500 shares $3.90 million -92.4%N/A0 $16.42
4/15/20233,130,000 shares $54.56 million +0.9%N/A0.6 $17.43
3/31/20233,103,500 shares $50.77 million -16.2%N/A0.4 $16.36
3/15/20233,702,900 shares $49.14 million -34.6%N/A0.5 $13.27
2/28/20235,663,500 shares $65.36 million -8.5%N/A1.2 $11.54
2/15/20236,186,600 shares $75.29 million +28.5%N/A1 $12.17
1/31/20234,815,900 shares $58.51 million -25.4%N/A0.6 $12.15
1/15/20236,454,800 shares $73.07 million -12.4%N/A0.9 $11.32
12/30/20227,365,600 shares $61.06 million +5.5%N/A1 $8.29
12/15/20226,979,900 shares $57.93 million -1.0%N/A0.8 $8.30
11/30/20227,049,000 shares $63.79 million +32.6%N/A0.4 $9.05
11/15/20225,314,500 shares $51.44 million +11.6%N/A0.3 $9.68
10/31/20224,762,100 shares $57.15 million +20.2%N/A0.7 $12.00
10/15/20223,962,300 shares $44.22 million +1.0%N/A0.7 $11.16
9/30/20223,923,100 shares $44.76 million -0.6%N/A0.7 $11.41
9/15/20223,947,100 shares $47.76 million +1.3%N/A0.6 $12.10
8/31/20223,896,700 shares $48.86 million +1.6%N/A0.8 $12.54
8/15/20223,837,400 shares $57.79 million -0.8%N/A0.6 $15.06
7/31/20223,869,500 shares $57.27 million -2.5%N/A0.4 $14.80
7/15/20223,968,400 shares $54.37 million +0.7%N/A0.5 $13.70
6/30/20223,941,200 shares $47.53 million -27.7%N/A0.2 $12.06
6/15/20225,448,100 shares $76.60 million +21.1%N/A0.5 $14.06
5/31/20224,498,000 shares $92.39 million -36.5%N/A0.5 $20.54
5/15/20227,087,800 shares $139.63 million +0.2%N/A0.5 $19.70
4/30/20227,077,000 shares $186.69 million -0.6%N/A1.2 $26.38
4/15/20227,118,700 shares $202.88 million +30.7%N/A0.8 $28.50
3/31/20225,446,700 shares $166.34 million -9.2%N/A0.7 $30.54
3/15/20226,000,100 shares $158.04 million +113.1%N/A0.6 $26.34
2/28/20222,815,100 shares $82.74 million -28.4%N/A0.2 $29.39
2/15/20223,932,500 shares $123.05 million +17.4%N/A0.3 $31.29
1/31/20223,348,600 shares $87.87 million +20.6%N/A0.2 $26.24
1/15/20222,777,700 shares $84.80 million +50.1%N/A0.2 $30.53
12/31/20211,850,300 shares $63.37 million +44.8%N/A0.2 $34.25
12/15/20211,277,900 shares $48.13 million -9.4%N/A0.1 $37.66
11/30/20211,409,700 shares $65.16 million +16.3%N/A0.1 $46.22
11/15/20211,212,100 shares $62.04 million -77.8%N/A0.1 $51.18
10/29/20215,447,300 shares $270.68 million +238.8%N/A0.3 $49.69
10/15/20211,607,800 shares $76.23 million +9.0%N/A0.1 $47.41
9/30/20211,475,500 shares $49.95 million -30.0%N/A0.2 $33.85
9/15/20212,109,000 shares $81.84 million -26.0%N/A0.2 $38.81
8/31/20212,850,100 shares $107.65 million -15.8%N/A0.3 $37.77
8/13/20213,382,800 shares $129.80 million -30.6%N/A0.2 $38.37
One firm shipped 5 billion parts to SpaceX - and no one knows (Ad)

June 12 is the reported deadline for a major announcement tied to Elon Musk's so-called 'Project Unlimited' - and one under-the-radar tech firm may be at the center of it all. This company has already shipped 5 billion critical components to SpaceX. Because SpaceX has remained private, the partnership has gone almost entirely unnoticed - but that changes the moment the $1.75 trillion IPO goes public and analysts start digging into the supply chain.tc pixel

Get the name of this hidden SpaceX supplier before the June deadline
7/30/20214,871,400 shares $166.36 million +30.1%N/A0.3 $34.15
7/15/20213,745,600 shares $95.59 million -25.6%N/A0.3 $25.52
6/30/20215,032,800 shares $150.03 million +6.3%N/A0.3 $29.81
6/15/20214,734,900 shares $157.36 million -31.6%N/A0.3 $33.23

GBTC Short Interest - Frequently Asked Questions

Short interest is the volume of Grayscale Bitcoin Trust ETF shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 2,948,295 shares of GBTC short. 1.22% of Grayscale Bitcoin Trust ETF's shares are currently sold short. Learn More on Grayscale Bitcoin Trust ETF'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. GBTC shares currently have a short interest ratio of 1.8. Learn More on Grayscale Bitcoin Trust ETF's short interest ratio.

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. 1.22% of Grayscale Bitcoin Trust ETF's floating shares are currently sold short.

Grayscale Bitcoin Trust ETF saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,948,295 shares, a decline of 2.2% from the previous total of 3,014,451 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.

1.22% of Grayscale Bitcoin Trust ETF's shares are currently sold short. Here is how the short interest of companies compare to Grayscale Bitcoin Trust ETF: iShares Ethereum Trust ETF (4.49%), Grayscale Bitcoin Mini Trust ETF (0.25%), Grayscale Ethereum Trust ETF (2.66%), Bitwise Bitcoin ETF (0.35%), ProShares Bitcoin ETF (11.96%), Grayscale Ethereum Mini Trust ETF (0.39%), Bitwise 10 Crypto Index ETF (0.16%), Bitwise Solana Staking ETF (1.82%), iShares Staked Ethereum Trust ETF (1.44%), CoinShares Valkyrie Bitcoin Fund (0.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($80.71 billion), Invesco QQQ ($47.96 billion), iShares Russell 2000 ETF ($22.13 billion), Western Digital Corporation ($14.35 billion), Sandisk Corporation ($12.86 billion), Salesforce Inc. ($10.89 billion), Nebius Group N.V. ($9.92 billion), SPDR S&P Biotech ETF ($9.72 billion), Lumentum Holdings Inc. ($8.89 billion), and iShares 20+ Year Treasury Bond ETF ($8.18 billion). View all of the most shorted stocks.

Short selling GBTC is an investing strategy that aims to generate trading profit from Grayscale Bitcoin Trust ETF as its price is falling. GBTC shares are trading down $2.54 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 Grayscale Bitcoin Trust ETF 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 GBTC, 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 GBTC, twice per month. The most recent reporting period available is May, 15 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like GBTC:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



This page (NYSEARCA:GBTC) was last updated on 6/6/2026 by MarketBeat.com Staff.
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