Gilla (GLLA) Short Interest Ratio & Short Volume

Short interest is the volume of Gilla shares that have been sold short but have not yet been covered or closed out. As of June 15th, traders have sold 1,400 shares of GLLA short. Learn More on Gilla's current short interest.

Here is how the short interest of companies in the sector of "consumer staples" compare to Gilla: Turning Point Brands, Inc. (1.30%), Imperial Brands PLC (0.00%), The Alkaline Water Company Inc. (0.81%), China Marine Food Group Limited (2.58%), CHS Inc. (0.21%), Coca-Cola FEMSA, S.A.B. de C.V. (0.68%), Coffee Holding Co., Inc. (0.13%), Fomento Económico Mexicano, S.A.B. de C.V. (0.73%), Mastery Education (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AstraZeneca PLC ($7.95 billion), Tesla, Inc. ($7.86 billion), Block, Inc. ($7.16 billion), Aon plc ($7.04 billion), Advanced Micro Devices, Inc. ($6.99 billion), Analog Devices, Inc. ($6.83 billion), S&P Global Inc. ($6.30 billion), Charter Communications, Inc. ($5.98 billion), AMC Entertainment Holdings, Inc. ($5.02 billion), and Wayfair Inc. ($4.68 billion). View all of the most shorted stocks.

Short selling GLLA is an investing strategy that aims to generate trading profit from Gilla 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 Gilla 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 GLLA, 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 GLLA, twice per month. The most recent reporting period available is June, 15 2021.