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Galecto (GLTO) Short Interest Ratio & Short Volume

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$5.42 +0.56 (+11.52%)
(As of 05:36 PM ET)

Galecto Short Interest Data

Galecto (GLTO) has a short interest of 24,300 shares, representing 2.13% of the float (the number of shares available for trading by the public). This marks a 20.30% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.9, indicating that it would take 0.9 days of the average trading volume of 16,828 shares to cover all short positions.

Current Short Interest
24,300 shares
Previous Short Interest
20,200 shares
Change Vs. Previous Month
+20.30%
Dollar Volume Sold Short
$123,444.00
Short Interest Ratio
0.9 Days to Cover
Last Record Date
December 15, 2024
Outstanding Shares
1,317,000 shares
Float Size
1,140,000 shares
Short Percent of Float
2.13%
Today's Trading Volume
18,484 shares
Average Trading Volume
16,828 shares
Today's Volume Vs. Average
110%
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GLTO Short Interest Over Time

GLTO Days to Cover Over Time

GLTO Percentage of Float Shorted Over Time

Galecto Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/15/202424,300 shares $123,444.00 +20.3%2.1%0.9 $5.08
11/30/202420,200 shares $107,060.00 +112.6%1.8%0.7 $5.30
11/15/20249,500 shares $60,420.00 +97.9%0.8%0.2 $6.36
10/31/20244,800 shares $32,880.00 -48.9%0.4%0.1 $6.85
10/15/20249,400 shares $63,262.00 -36.1%0.9%0.3 $6.73
9/30/202414,700 shares $178,605.00 +129.7%1.4%0.5 $12.15
9/15/20246,400 shares $82,752.00 -62.1%0.6%0.3 $12.93
8/31/202416,900 shares $201,955.00 +98.8%1.9%1 $11.95
8/15/20248,500 shares $4,676.70 +3.7%0.0%0.1 $0.55
7/31/20248,200 shares $4,624.80 +173.3%0.0%0.1 $0.56
7/15/20243,000 shares $1,773.00 -90.3%0.0%0 $0.59
6/30/202430,800 shares $14,608.44 +1,084.6%0.2%0.2 $0.47
6/15/20242,600 shares $1,377.87 -72.0%0.0%0 $0.53
5/31/20249,300 shares $5,654.40 -80.4%0.1%0.1 $0.61
5/15/202447,400 shares $30,141.66 -44.4%0.2%0.3 $0.64
4/30/202485,300 shares $58,771.70 +373.9%0.4%0.4 $0.69
4/15/202418,000 shares $12,371.40 -42.9%0.1%0.1 $0.69
3/31/202431,500 shares $24,570.00 +74.0%0.2%0.1 $0.78
3/15/202418,100 shares $14,803.99 -66.9%0.1%0 $0.82
2/29/202454,600 shares $39,322.92 +39.6%0.3%0.1 $0.72
2/15/202439,100 shares $26,599.73 -40.5%0.2%0.1 $0.68
1/31/202465,700 shares $40,214.97 -53.0%0.3%0.2 $0.61
1/15/2024139,800 shares $96,182.40 -54.3%0.7%0.4 $0.69
12/31/2023306,000 shares $220,320.00 +332.2%1.6%0.8 $0.72
12/15/202370,800 shares $43,046.40 -61.4%0.4%0.1 $0.61
11/30/2023183,400 shares $115,542.00 -26.1%1.0%0.4 $0.63
11/15/2023248,000 shares $152,048.80 -46.5%1.3%0.5 $0.61
10/31/2023463,900 shares $245,913.39 -32.6%2.4%0.7 $0.53
10/15/2023688,500 shares $425,148.75 -53.8%3.5%0.9 $0.62
9/30/20231,490,000 shares $1.07 million +337.5%7.0%2 $0.72
9/15/2023340,600 shares $201,873.62 +95.8%1.6%0.7 $0.59
8/31/2023174,000 shares $105,270.00 -55.9%0.8%0.4 $0.61
8/15/2023394,500 shares $265,695.75 +73.0%2.0%1 $0.67
7/31/2023228,100 shares $702,548.00 +403.5%1.2%1.3 $3.08
7/15/202345,300 shares $108,720.00 -4.0%0.3%0.4 $2.40
6/30/202347,200 shares $118,944.00 +271.7%0.3%0.7 $2.52
6/15/202312,700 shares $27,940.00 +4.1%0.1%0.2 $2.20
5/31/202312,200 shares $26,596.00 +3.4%0.1%0.2 $2.18
5/15/202311,800 shares $25,252.00 -3.3%0.1%0.2 $2.14
4/30/202312,200 shares $21,472.00 -63.8%0.1%0.2 $1.76
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4/15/202333,700 shares $64,030.00 +163.3%0.2%0.7 $1.90
3/31/202312,800 shares $25,472.00 -25.6%0.1%0.3 $1.99
3/15/202317,200 shares $31,992.00 -51.6%0.1%0.3 $1.86
2/28/202335,500 shares $77,745.00 -47.6%0.2%0.7 $2.19
2/15/202367,700 shares $176,697.00 +35.4%0.4%1.2 $2.61
1/31/202350,000 shares $115,000.00 -40.7%0.3%0.8 $2.30
1/15/202384,300 shares $182,088.00 +28.9%0.5%1.3 $2.16
12/30/202265,400 shares $75,210.00 +127.9%0.4%1.1 $1.15
12/15/202228,700 shares $40,467.00 +25.3%0.2%0.5 $1.41
11/30/202222,900 shares $35,953.00 +2.7%0.1%0.4 $1.57
11/15/202222,300 shares $40,140.00 -0.5%0.1%0.3 $1.80
10/31/202222,400 shares $45,024.00 -47.5%0.1%0.3 $2.01
10/15/202242,700 shares $81,343.50 -17.3%0.3%0.7 $1.91
9/30/202251,600 shares $97,524.00 +32.3%0.3%0.9 $1.89
9/15/202239,000 shares $95,160.00 -14.5%0.2%0.7 $2.44
8/31/202245,600 shares $98,040.00 -9.7%0.3%0.8 $2.15
8/15/202250,500 shares $108,575.00 -0.4%0.3%0.5 $2.15
7/31/202250,700 shares $81,627.00 -11.1%0.3%0.5 $1.61
7/15/202257,000 shares $100,320.00 +325.4%0.4%0.5 $1.76
6/30/202213,400 shares $23,182.00 -68.2%0.1%0.1 $1.73
6/15/202242,100 shares $73,675.00 -17.8%0.3%0.4 $1.75
5/31/202251,200 shares $67,072.00 +85.5%0.3%0.4 $1.31
5/15/202227,600 shares $39,192.00 +17.0%0.3%0.4 $1.42
4/30/202223,600 shares $39,648.00 -60.9%0.2%0.4 $1.68
4/15/202260,300 shares $151,353.00 +1.3%0.6%0.9 $2.51
3/31/202259,500 shares $130,900.00 -35.0%0.6%0.8 $2.20
3/15/202291,500 shares $167,445.00 +37.6%0.9%0.9 $1.83
2/28/202266,500 shares $123,025.00 -26.4%0.6%0.5 $1.85
2/15/202290,300 shares $190,533.00 -24.0%0.8%0.7 $2.11
1/31/2022118,800 shares $285,120.00 +52.3%1.3%0.7 $2.40
1/15/202278,000 shares $188,760.00 -41.7%N/A0 $2.42
12/31/2021133,700 shares $405,111.00 +188.2%1.4%0.7 $3.03
12/15/202146,400 shares $110,432.00 -16.3%0.5%0.2 $2.38
11/30/202155,400 shares $156,228.00 -0.7%0.6%0.4 $2.82
11/15/202155,800 shares $195,858.00 -21.9%0.6%0.4 $3.51
10/29/202171,400 shares $235,620.00 +152.3%0.8%0.4 $3.30
10/15/202128,300 shares $96,786.00 -41.4%0.3%0.2 $3.42
9/30/202148,300 shares $173,397.00 -42.0%0.5%0.3 $3.59
9/15/202183,200 shares $348,608.00 -16.6%0.9%0.3 $4.19
8/31/202199,700 shares $443,665.00 -26.2%1.1%0.1 $4.45
8/13/2021135,100 shares $559,314.00 -26.7%1.4%0.1 $4.14
7/30/2021184,300 shares $790,647.00 -26.8%1.2%0.2 $4.29
7/15/2021251,700 shares $1.07 million -40.6%1.7%0.2 $4.27
6/30/2021423,600 shares $2.14 million +57.2%2.9%0.4 $5.06
6/15/2021269,500 shares $1.41 million +93.5%1.8%0.3 $5.25
5/28/2021139,300 shares $739,683.00 +7.2%0.9%0.4 $5.31
5/14/2021130,000 shares $640,900.00 +7.1%0.9%2.3 $4.93
4/30/2021121,400 shares $715,046.00 -1.6%0.8%2.8 $5.89
4/15/2021123,400 shares $750,272.00 +72.8%0.8%3.4 $6.08
3/31/202171,400 shares $439,110.00 +49.1%0.5%2.2 $6.15
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3/15/202147,900 shares $452,176.00 +55.5%0.3%1.9 $9.44
2/26/202130,800 shares $362,824.00 +569.6%0.2%1.6 $11.78
2/12/20214,600 shares $56,478.80 -48.9%0.0%0.2 $12.28
1/29/20219,000 shares $111,600.00 -13.5%0.1%0.3 $12.40
1/15/202110,400 shares $133,120.00 No Change0.1%0.2 $12.80

GLTO Short Interest - Frequently Asked Questions

What is Galecto's current short interest?

Short interest is the volume of Galecto shares that have been sold short but have not yet been closed out or covered. As of December 15th, investors have sold 24,300 shares of GLTO short. 2.13% of Galecto's shares are currently sold short. Learn More on Galecto's current short interest.

What is a good short interest ratio for Galecto?

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. GLTO shares currently have a short interest ratio of 1.0. Learn More on Galecto's short interest ratio.

What is a good short interest percentage for Galecto?

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. 2.13% of Galecto's floating shares are currently sold short.

Is Galecto's short interest increasing or decreasing?

Galecto saw a increase in short interest in December. As of December 15th, there was short interest totaling 24,300 shares, an increase of 20.3% from the previous total of 20,200 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 Galecto's float size?

Galecto currently has issued a total of 1,317,000 shares. Some of Galecto'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. Galecto currently has a public float of 1,140,000 shares.

How does Galecto's short interest compare to its competitors?

2.13% of Galecto's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Galecto: Cadrenal Therapeutics, Inc. (7.83%), Chemomab Therapeutics Ltd. (0.67%), Mannatech, Incorporated (0.45%), Equillium, Inc. (0.45%), Citius Pharmaceuticals, Inc. (7.25%), Pulmatrix, Inc. (2.05%), GeoVax Labs, Inc. (5.42%), MiNK Therapeutics, Inc. (0.48%), Athira Pharma, Inc. (3.99%), Affimed (6.50%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

What does it mean to sell short Galecto stock?

Short selling GLTO is an investing strategy that aims to generate trading profit from Galecto as its price is falling. GLTO shares are trading up $0.56 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 Galecto?

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

How often is Galecto'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 GLTO, twice per month. The most recent reporting period available is December, 15 2024.




This page (NASDAQ:GLTO) was last updated on 12/26/2024 by MarketBeat.com Staff
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