GreenGro Technologies (GRNH) Short Interest Ratio & Short Volume

Short interest is the volume of GreenGro Technologies shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 188,500 shares of GRNH short. Learn More on GreenGro Technologies' current short interest.

GreenGro Technologies saw a increase in short interest in October. As of October 31st, there was short interest totaling 188,500 shares, an increase of ∞ from the previous total of 0 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.

Here is how the short interest of companies in the industry of "cannabis" compare to GreenGro Technologies: Innovative Industrial Properties, Inc. (6.20%), GrowGeneration Corp. (6.76%), Grow Capital, Inc. (0.00%), Trees Co. (0.00%), Net Savings Link, Inc. (0.00%), 22nd Century Group, Inc. (49.86%), Pervasip Corp. (0.00%), and Mentor Capital, Inc. (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($9.07 billion), T-Mobile US, Inc. ($3.71 billion), Charter Communications, Inc. ($3.51 billion), Occidental Petroleum Co. ($2.81 billion), Lululemon Athletica Inc. ($2.35 billion), Tractor Supply ($2.26 billion), Coinbase Global, Inc. ($1.88 billion), Rivian Automotive, Inc. ($1.71 billion), Celsius Holdings, Inc. ($1.67 billion), and Newmont Co. ($1.66 billion). View all of the most shorted stocks.

Short selling GRNH is an investing strategy that aims to generate trading profit from GreenGro Technologies 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 GreenGro Technologies 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 GRNH, 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 GRNH, twice per month. The most recent reporting period available is October, 31 2023.