Gold Reserve (GDRZF) Short Interest Ratio & Short Volume

Short interest is the volume of Gold Reserve shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 54,200 shares of GDRZF short. Learn More on Gold Reserve'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. GDRZF shares currently have a short interest ratio of 1.0. Learn More on Gold Reserve's short interest ratio.

Here is how the short interest of companies in the sector of "basic materials" compare to Gold Reserve: TRX Gold Co. (0.35%), Vox Royalty Corp. (0.06%), Northern Dynasty Minerals Ltd. (1.95%), Caledonia Mining Co. Plc (1.27%), Alexco Resource Corp. (3.78%), Trilogy Metals Inc. (0.04%), Entrée Resources Ltd. (0.02%), NextSource Materials Inc. (0.08%), Gold Resource Co. (0.61%), Hycroft Mining Holding Co. (6.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling GDRZF is an investing strategy that aims to generate trading profit from Gold Reserve 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 Gold Reserve 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 GDRZF, 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 GDRZF, twice per month. The most recent reporting period available is May, 15 2023.