High Short Volume Pressure
GameStop Corp. (GME) continues to exhibit high levels of short selling activity, particularly in off-exchange venues. Recent data indicates an off-exchange short volume of approximately 2.6 million shares, with an off-exchange short volume ratio of 71.83%. This high ratio suggests that a significant portion of daily trading pressure is coming from short-side participants.
Understanding the Data
It is critical to distinguish between daily short volume (flow) and total short interest (open positions). The 71.83% ratio represents the daily flow of shares marked short, which indicates heavy intraday pressure rather than the total size of open positions. With total short interest at 64.2 million shares and a short interest as a percentage of float at 15.73%, GME remains a highly contested stock.
Key Takeaways
- Off-exchange short volume ratio is 71.83%.
- Total short interest stands at 64.2 million shares.
- Short interest as a percentage of float is 15.73%.
- High daily short volume indicates persistent intraday pressure.
The Bottom Line
GameStop remains a focal point for short-selling activity. The combination of high daily short volume and significant open interest suggests that the stock will continue to experience high volatility.
Signal data sourced from Fintel. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.