Official Short Interest Data
According to the latest official NYSE data, GameStop (GME) reported short interest of 31,301,108 shares as of the most recent settlement period. This figure represents the total number of open short positions, which is a critical metric for assessing long-term bearish sentiment. The 'days to cover' ratio, calculated based on average daily volume, provides insight into how long it would take for short sellers to exit their positions under normal trading conditions.
Understanding Short Volume vs. Interest
It is vital to distinguish between the official short interest (open positions) and daily short volume (flow). While the official short interest is reported twice monthly by FINRA/NYSE, daily short volume reflects the number of shares marked 'short' during a single trading session. High daily short volume does not always equate to an increase in open interest, as many intraday shorts are covered before the market close. Investors should use both metrics to gauge the intensity of bearish pressure.
Key Takeaways
- Official short interest stands at over 31 million shares.
- Days to cover remains a key metric for potential volatility.
- Distinguish between stale bi-monthly interest and daily flow.
The Bottom Line
GME remains a focal point for short-selling activity, with high open interest levels that continue to attract market attention.
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.