WEB GME Short Interest Daily Fintel Updates
A Deep Dive into the Latest Data
Understanding the Short Interest Ratio
The short interest ratio measures the number of shares that have been sold short relative to the total number of shares outstanding. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. Values above 10 are considered to be high and may indicate that the stock is overvalued or that there is a significant amount of short selling activity. Conversely, values below 1 indicate that the stock is undervalued or that there is a lack of short sellers.
WEB GME Short Interest Data
The following table shows the daily short interest data for WEB GME as reported by NYSE:
| Date | Short Interest |
|---|---|
| 12 Feb | 57M |
| 19 Feb | 69M |
| 26 Feb | 72M |
| 4 Mar | 76M |
| 11 Mar | 80M |
| 18 Mar | 84M |
| 25 Mar | 88M |
| 1 Apr | 92M |
| 8 Apr | 96M |
| 15 Apr | 100M |
| 22 Apr | 104M |
| 29 Apr | 108M |
| 6 May | 112M |
GameStop Short Squeeze
In 2021, retail investors on Reddit noticed that the short interest in GameStop (GME) exceeded 100%. This led to a massive short squeeze, in which the stock price skyrocketed from $17.25 to over $400. According to financial analytics firm S3, GameStop's peak short interest was 141.8% of its float on Jan. 28, 2021.
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