Global Technologies Short Interest Ratio and Short Volume

Short interest is the volume of Global Technologies shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 3,800 shares of GTLL short. Learn More on Global Technologies' current short interest.

Global Technologies saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,800 shares, a decrease of 94.8% from the previous total of 72,400 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.

0.00% of Global Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "radio & t.v. communications equipment" compare to Global Technologies: Energous Co. (10.24%), PCTEL, Inc. (1.03%), ParkerVision, Inc. (0.00%), Digital Ally, Inc. (21.22%), SeaChange International, Inc. (2.62%), BK Technologies Co. (0.26%), Sonic Foundry, Inc. (0.00%), CareView Communications, Inc. (0.00%), Blonder Tongue Laboratories, Inc. (0.97%), and Superconductor Technologies Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.32 billion), AstraZeneca PLC ($8.20 billion), Square, Inc. ($7.79 billion), Analog Devices, Inc. ($7.16 billion), S&P Global Inc. ($7.07 billion), Aon plc ($6.17 billion), Charter Communications, Inc. ($5.38 billion), Wayfair Inc. ($4.80 billion), AMC Entertainment Holdings, Inc. ($4.28 billion), and Snowflake Inc. ($3.19 billion). View all of the most shorted stocks.

Short selling GTLL is an investing strategy that aims to generate trading profit from Global Technologies as its price is falling. Global Technologies' stock is trading down $0.00 today. To short Global Technologies 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 Global Technologies 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 Global Technologies 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 GTLL, 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 GTLL, twice per month. The most recent reporting period available is June, 30 2021.