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Grupo Financiero Galicia (GGAL) Short Interest Ratio & Short Volume

Grupo Financiero Galicia logo
$56.29 +1.58 (+2.89%)
(As of 11/15/2024 ET)

Grupo Financiero Galicia Short Interest Data

Grupo Financiero Galicia (GGAL) has a short interest of 3.48 million shares, representing 2.92% of the float (the number of shares available for trading by the public). This marks a -8.18% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.4, indicating that it would take 3.4 days of the average trading volume of 1.02 million shares to cover all short positions.

Current Short Interest
3,480,000 shares
Previous Short Interest
3,790,000 shares
Change Vs. Previous Month
-8.18%
Dollar Volume Sold Short
$183.47 million
Short Interest Ratio
3.4 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
147,470,000 shares
Float Size
119,250,000 shares
Short Percent of Float
2.92%
Today's Trading Volume
2,022,911 shares
Average Trading Volume
1,019,277 shares
Today's Volume Vs. Average
198%
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GGAL Short Interest Over Time

GGAL Days to Cover Over Time

GGAL Percentage of Float Shorted Over Time

Grupo Financiero Galicia Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20243,480,000 shares $183.47 million -8.2%2.9%3.4 $52.72
10/15/20243,790,000 shares $188.17 million +5.9%3.2%3.6 $49.65
9/30/20243,580,000 shares $150.68 million -15.0%3.0%3.7 $42.09
9/15/20244,210,000 shares $189.70 million +2.9%3.5%4 $45.06
8/31/20244,090,000 shares $160.21 million -17.7%3.4%3.9 $39.17
8/15/20244,970,000 shares $176.36 million +20.3%4.2%4.9 $35.49
7/31/20244,130,000 shares $119.65 million -2.6%3.5%4.2 $28.97
7/15/20244,240,000 shares $116.26 million +24.3%3.6%4.2 $27.42
6/30/20243,410,000 shares $104.21 million +30.2%2.9%3 $30.56
6/15/20242,620,000 shares $91.15 million -8.1%2.2%2.4 $34.79
5/31/20242,850,000 shares $102.17 million -6.3%2.4%2.7 $35.85
5/15/20243,040,000 shares $111.99 million -7.6%2.6%3 $36.84
4/30/20243,290,000 shares $106.69 million -13.9%2.8%3.3 $32.43
4/15/20243,820,000 shares $105.43 million +26.9%3.2%3.7 $27.60
3/31/20243,010,000 shares $76.51 million +26.5%2.5%3 $25.42
3/15/20242,380,000 shares $56.74 million -2.5%2.0%2.4 $23.84
2/29/20242,440,000 shares $53.70 million +1.2%2.1%2.3 $22.01
2/15/20242,410,000 shares $48.56 million -21.0%2.0%2 $20.15
1/31/20243,050,000 shares $65.91 million +14.7%2.6%2.4 $21.61
1/15/20242,660,000 shares $42.51 million -3.6%2.2%2.2 $15.98
12/31/20232,760,000 shares $47.65 million -9.2%2.3%2.4 $17.27
12/15/20233,040,000 shares $50.01 million +19.2%2.6%2.6 $16.45
11/30/20232,550,000 shares $43.81 million +37.1%2.1%2.5 $17.18
11/15/20231,860,000 shares $22.30 million +9.4%1.6%1.9 $11.99
10/31/20231,700,000 shares $19.06 million -4.5%1.4%2 $11.21
10/15/20231,780,000 shares $21.24 million +43.6%1.5%2 $11.93
9/30/20231,240,000 shares $16.18 million -15.1%1.0%1.5 $13.05
9/15/20231,460,000 shares $23.17 million -11.0%1.2%1.8 $15.87
8/31/20231,640,000 shares $29.65 million -18.4%1.4%1.9 $18.08
8/15/20232,010,000 shares $31.46 million +6.9%1.7%2.3 $15.65
7/31/20231,880,000 shares $31.87 million +1.1%1.6%2.5 $16.95
7/15/20231,860,000 shares $30.28 million -3.1%1.6%2.6 $16.28
6/30/20231,920,000 shares $33.02 million -17.2%1.6%2.7 $17.20
6/15/20232,320,000 shares $37.02 million +33.3%1.9%3.4 $15.96
5/31/20231,740,000 shares $20.65 million -13.0%1.5%3 $11.87
5/15/20232,000,000 shares $24.50 million -11.1%1.7%3.6 $12.25
4/30/20232,250,000 shares $25.92 million +1.4%1.9%3.7 $11.52
4/15/20232,220,000 shares $28.26 million +2.3%1.9%3.2 $12.73
3/31/20232,170,000 shares $23.83 million +16.0%1.8%2.8 $10.98
3/15/20231,870,000 shares $19.28 million +3.9%1.6%2.3 $10.31
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2/28/20231,800,000 shares $23.98 million -14.3%1.5%2.3 $13.32
2/15/20232,100,000 shares $29.04 million -2.3%1.8%2.8 $13.83
1/31/20232,150,000 shares $28.81 million +8.0%1.8%3.1 $13.40
1/15/20231,990,000 shares $25.95 million -1.5%1.7%3.1 $13.04
12/30/20222,020,000 shares $19.65 million -17.6%1.7%4.1 $9.73
12/15/20222,450,000 shares $18.84 million +7.0%2.1%5.2 $7.69
11/30/20222,290,000 shares $18.55 million +7.5%N/A4.8 $8.10
11/15/20222,130,000 shares $16.06 million +1.4%N/A4 $7.54
10/31/20222,100,000 shares $16.30 million +41.9%N/A3.8 $7.76
10/15/20221,480,000 shares $10.60 million -38.1%N/A2.3 $7.16
9/30/20222,390,000 shares $17.83 million +42.3%N/A3.4 $7.46
9/15/20221,680,000 shares $14.90 million -0.6%N/A2.3 $8.87
8/31/20221,690,000 shares $13.71 million -20.3%N/A2.2 $8.11
8/15/20222,120,000 shares $17.62 million +19.1%N/A3.1 $8.31
7/31/20221,780,000 shares $13.88 million -16.8%N/A2.6 $7.80
7/15/20222,140,000 shares $13.44 million +100.0%N/A3.4 $6.28
6/30/20221,070,000 shares $7.39 million +10.9%N/A1.9 $6.91
6/15/2022965,200 shares $7.25 million -36.9%N/A1.7 $7.51
5/31/20221,530,000 shares $14.09 million -6.7%1.3%3 $9.21
5/15/20221,640,000 shares $14.87 million +36.7%1.4%2.8 $9.07
4/30/20221,200,000 shares $10.91 million -10.5%1.0%2.1 $9.09
4/15/20221,340,000 shares $13.40 million +15.5%1.1%2.2 $10.00
3/31/20221,160,000 shares $12.53 million +17.9%N/A0 $10.80
3/15/2022984,000 shares $9.77 million -32.1%0.8%1.5 $9.93
2/28/20221,450,000 shares $13.73 million +26.1%1.2%2.2 $9.47
2/15/20221,150,000 shares $10.55 million +13.9%1.0%1.5 $9.17
1/31/20221,010,000 shares $9.78 million -25.7%0.9%1.3 $9.68
1/15/20221,360,000 shares $12.91 million -26.1%N/A0 $9.49
12/31/20211,840,000 shares $17.46 million +21.1%1.5%2.1 $9.49
12/15/20211,520,000 shares $14.44 million -5.6%1.3%1.8 $9.50
11/30/20211,610,000 shares $13.97 million -9.6%1.4%1.7 $8.68
11/15/20211,780,000 shares $20.27 million +19.5%1.5%1.7 $11.39
10/29/20211,490,000 shares $15.84 million +9.6%1.3%1.6 $10.63
10/15/20211,360,000 shares $14.61 million +80.7%1.1%1.5 $10.74
9/30/2021752,600 shares $7.58 million -36.2%0.6%0.8 $10.07
9/15/20211,180,000 shares $13.00 million +25.6%1.0%1.3 $11.02
8/31/2021939,700 shares $10.13 million -3.2%0.8%1.2 $10.78
8/13/2021971,200 shares $8.24 million -5.7%0.8%1.3 $8.48
7/30/20211,030,000 shares $8.04 million -17.6%0.9%1.3 $7.81
7/15/20211,250,000 shares $10.44 million +22.6%1.1%1.6 $8.35
6/30/20211,020,000 shares $8.79 million +21.7%0.9%1.3 $8.62
6/15/2021838,000 shares $8.44 million -15.9%0.7%1.2 $10.07
5/28/2021996,000 shares $8.84 million -32.2%0.8%1.5 $8.88
5/14/20211,470,000 shares $11.70 million +15.8%N/A2.3 $7.96
4/30/20211,270,000 shares $9.69 million -5.9%N/A1.9 $7.63
4/15/20211,350,000 shares $9.91 million -4.3%N/A0 $7.34
3/31/20211,410,000 shares $10.86 million -13.0%N/A2.2 $7.70
3/15/20211,620,000 shares $12.86 million +26.6%1.6%2.3 $7.94
2/26/20211,280,000 shares $9.79 million -23.8%1.2%1.9 $7.65
2/12/20211,680,000 shares $13.94 million -6.2%1.5%2.6 $8.30
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1/29/20211,790,000 shares $13.87 million +7.2%1.6%2.6 $7.75
1/15/20211,670,000 shares $13.81 million +18.4%1.5%2.3 $8.27
12/31/20201,410,000 shares $12.52 million -10.2%1.2%1.7 $8.88
12/15/20201,570,000 shares $13.83 million -19.5%1.4%1.8 $8.81
11/30/20201,950,000 shares $17.69 million +12.7%1.7%1.8 $9.07
11/15/20201,730,000 shares $14.29 million +0.6%1.5%1.5 $8.26
10/30/20201,720,000 shares $10.85 million -14.4%1.5%1.5 $6.31
10/15/20202,010,000 shares $13.29 million +11.7%1.8%1.6 $6.61
9/30/20201,800,000 shares $13.03 million +0.6%1.6%1.3 $7.24
9/15/20201,790,000 shares $16.41 million +7.2%1.6%1.2 $9.17
8/31/20201,670,000 shares $17.25 million -9.7%1.5%1.2 $10.33
8/14/20201,850,000 shares $21.03 million +30.3%1.6%1 $11.37
7/31/20201,420,000 shares $17.04 million -10.1%1.2%0.7 $12.00
7/15/20201,580,000 shares $17.81 million +11.3%1.4%0.8 $11.27
6/30/20201,420,000 shares $13.77 million +6.8%1.2%0.7 $9.70
6/15/20201,330,000 shares $14.30 million -38.4%1.2%0.7 $10.75
5/29/20202,160,000 shares $17.30 million +13.1%1.9%1.2 $8.01
5/15/20201,910,000 shares $16.04 million +10.4%1.7%1.4 $8.40
4/30/20201,730,000 shares $12.32 million +83.5%1.5%1.4 $7.12
4/15/2020943,000 shares $7.15 million -24.6%0.8%0.9 $7.58
3/31/20201,250,000 shares $7.63 million -30.2%1.1%1.1 $6.10
3/13/20201,789,700 shares $12.69 million -26.7%1.6%2 $7.09
2/28/20202,440,000 shares $15.74 million +22.6%2.1%2 $6.45
2/14/20201,990,000 shares $22.01 million -16.4%1.7%1.6 $11.06
1/31/20202,380,000 shares $31.65 million -8.8%2.1%1.9 $13.30
1/15/20202,610,000 shares $38.26 million -4.0%2.3%1.9 $14.66
12/31/20192,720,000 shares $38.05 million +30.8%2.4%2 $13.99

GGAL Short Interest - Frequently Asked Questions

What is Grupo Financiero Galicia's current short interest?

Short interest is the volume of Grupo Financiero Galicia shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 3,480,000 shares of GGAL short. 2.92% of Grupo Financiero Galicia's shares are currently sold short. Learn More on Grupo Financiero Galicia's current short interest.

What is a good short interest ratio for Grupo Financiero Galicia?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GGAL shares currently have a short interest ratio of 3.0. Learn More on Grupo Financiero Galicia's short interest ratio.

Which institutional investors are shorting Grupo Financiero Galicia?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Grupo Financiero Galicia: Jane Street Group LLC, Parallax Volatility Advisers L.P., Walleye Trading LLC, Walleye Capital LLC, and PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Grupo Financiero Galicia?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.92% of Grupo Financiero Galicia's floating shares are currently sold short.

Is Grupo Financiero Galicia's short interest increasing or decreasing?

Grupo Financiero Galicia saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 3,480,000 shares, a decrease of 8.2% from the previous total of 3,790,000 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.

What is Grupo Financiero Galicia's float size?

Grupo Financiero Galicia currently has issued a total of 147,470,000 shares. Some of Grupo Financiero Galicia's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Grupo Financiero Galicia currently has a public float of 119,250,000 shares.

How does Grupo Financiero Galicia's short interest compare to its competitors?

2.92% of Grupo Financiero Galicia's shares are currently sold short. Here is how the short interest of companies compare to Grupo Financiero Galicia: KB Financial Group Inc. (0.09%), Banco Santander (Brasil) S.A. (0.03%), Banco de Chile (0.06%), Banco Santander-Chile (0.06%), Woori Financial Group Inc. (0.03%), Bancolombia S.A. (0.16%), Banco Macro S.A. (0.97%), Inter & Co, Inc. (2.58%), Grupo Aval Acciones y Valores S.A. (0.01%), Banco Latinoamericano de Comercio Exterior, S. A. (0.32%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Grupo Financiero Galicia stock?

Short selling GGAL is an investing strategy that aims to generate trading profit from Grupo Financiero Galicia as its price is falling. GGAL shares are trading up $1.58 today. To short a 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 a stock 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.

How does a short squeeze work against Grupo Financiero Galicia?

A short squeeze for Grupo Financiero Galicia occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GGAL, which in turn drives the price of the stock up even further.

How often is Grupo Financiero Galicia's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GGAL, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:GGAL) was last updated on 11/16/2024 by MarketBeat.com Staff
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