GME Short Interest Daily Fintel Updates
Recent Updates
The table below uses the official NYSE-supplied short interest and provides some value-added metrics calculated. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers.
| Date | Short Interest | Short Interest Ratio | |---|---|---| | 12 Feb | 57M | 2.3 | | 19 Feb | 69M | 2.8 | | 26 Feb | 75M | 3.1 | | 4 Mar | 83M | 3.4 | | 11 Mar | 90M | 3.7 | | 18 Mar | 96M | 3.9 | | 25 Mar | 101M | 4.1 | | 1 Apr | 105M | 4.3 | | 8 Apr | 108M | 4.4 | | 15 Apr | 110M | 4.5 | | 22 Apr | 111M | 4.5 | | 29 Apr | 112M | 4.6 | | 6 May | 113M | 4.7 |Historical Context
In 2021, after retail investors on Reddit noticed that the short interest in GameStop (GME) exceeded 100%, the company's stock price skyrocketed from $17.25 to over $483 per share. According to financial analytics firm S3, GameStop's peak short interest was 141.8% of its float on January 27, 2021.
Conclusion
The high short interest in GameStop has been a major factor in its recent stock price volatility. While some analysts believe that the short squeeze is over, others believe that it could still have a significant impact on the stock's price in the future. Investors should carefully consider their investment objectives and risk tolerance before making any decisions regarding GameStop stock.
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