Organization of Football Prognostics (GOFPY) Short Interest Ratio & Short Volume

Short interest is the volume of Organization of Football Prognostics shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 6,100 shares of GOFPY short. Learn More on Organization of Football Prognostics' current short interest.

Organization of Football Prognostics saw a decrease in short interest in March. As of March 31st, there was short interest totaling 6,100 shares, a decrease of 45.0% from the previous total of 11,100 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling GOFPY is an investing strategy that aims to generate trading profit from Organization of Football Prognostics as its price is falling. GOFPY shares are trading up $0.19 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 Organization of Football Prognostics 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 GOFPY, 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 GOFPY, twice per month. The most recent reporting period available is March, 31 2024.