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Golden Matrix Group (GMGI) Short Interest Ratio & Short Volume

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$2.52 -0.25 (-9.03%)
(As of 11/20/2024 ET)

Golden Matrix Group Short Interest Data

Golden Matrix Group (GMGI) has a short interest of 983,200 shares, representing 7.61% of the float (the number of shares available for trading by the public). This marks a -1.41% decrease in short interest from the previous month. The short interest ratio (days to cover) is 13.6, indicating that it would take 13.6 days of the average trading volume of 79,433 shares to cover all short positions.

Current Short Interest
983,200 shares
Previous Short Interest
997,300 shares
Change Vs. Previous Month
-1.41%
Dollar Volume Sold Short
$2.47 million
Short Interest Ratio
13.6 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
128,900,000 shares
Float Size
12,920,000 shares
Short Percent of Float
7.61%
Today's Trading Volume
73,593 shares
Average Trading Volume
79,433 shares
Today's Volume Vs. Average
93%
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Skip Charts & View Short Interest History

GMGI Short Interest Over Time

GMGI Days to Cover Over Time

GMGI Percentage of Float Shorted Over Time

Golden Matrix Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024983,200 shares $2.47 million -1.4%7.6%13.6 $2.51
10/15/2024997,300 shares $2.18 million -2.2%7.9%13.3 $2.19
9/30/20241,020,000 shares $2.38 million -1.0%5.9%12.1 $2.33
9/15/20241,030,000 shares $2.53 million +1.0%5.7%7.1 $2.46
8/31/20241,020,000 shares $2.64 million -1.0%5.4%6.3 $2.59
8/15/20241,030,000 shares $2.39 million -6.4%5.3%5.3 $2.33
7/31/20241,100,000 shares $2.45 million +5.8%6.2%5.1 $2.23
7/15/20241,040,000 shares $2.58 million +156.7%5.8%4.7 $2.48
6/30/2024405,200 shares $1.00 million -12.1%2.3%1.8 $2.47
6/15/2024461,200 shares $1.41 million +97.9%2.6%2.8 $3.05
5/31/2024233,100 shares $1.41 million +140.6%1.3%1.6 $6.07
5/15/202496,900 shares $477,717.00 +49.3%0.6%0.9 $4.93
4/30/202464,900 shares $232,991.00 +31.9%0.4%0.9 $3.59
4/15/202449,200 shares $122,508.00 -8.6%0.3%0.8 $2.49
3/31/202453,800 shares $153,868.00 -20.2%0.3%1.1 $2.86
3/15/202467,400 shares $206,918.00 -32.3%0.4%1.3 $3.07
2/29/202499,500 shares $274,620.00 -9.7%0.6%2 $2.76
2/15/2024110,200 shares $341,620.00 -9.8%0.6%2.3 $3.10
1/31/2024122,100 shares $350,427.00 +84.7%0.7%2.8 $2.87
1/15/202466,100 shares $145,420.00 -35.0%0.4%1.9 $2.20
12/31/2023101,700 shares $245,097.00 -20.2%0.6%3.5 $2.41
12/15/2023127,400 shares $332,514.00 -18.6%0.7%4.6 $2.61
11/30/2023156,500 shares $388,120.00 -5.8%0.9%5.5 $2.48
11/15/2023166,200 shares $378,936.00 -9.7%1.0%5.1 $2.28
10/31/2023184,000 shares $467,360.00 +12.3%1.1%3.8 $2.54
10/15/2023163,800 shares $425,880.00 -28.7%1.0%3.2 $2.60
9/30/2023229,700 shares $675,318.00 +22.3%1.3%4.6 $2.94
9/15/2023187,800 shares $578,424.00 +37.5%1.1%3.5 $3.08
8/31/2023136,600 shares $394,774.00 +217.7%0.8%2.6 $2.89
8/15/202343,000 shares $95,890.00 -25.4%0.3%0.9 $2.23
7/31/202357,600 shares $118,080.00 -1.7%0.3%1.9 $2.05
7/15/202358,600 shares $127,162.00 +22.1%0.4%2.2 $2.17
6/30/202348,000 shares $125,990.40 +14.3%0.3%1.9 $2.62
6/15/202342,000 shares $87,360.00 +10.2%0.3%1.9 $2.08
5/31/202338,100 shares $82,677.00 -5.0%0.2%1.7 $2.17
5/15/202340,100 shares $99,047.00 -18.3%0.2%1.7 $2.47
4/30/202349,100 shares $110,966.00 +1.7%0.3%1.9 $2.26
4/15/202348,300 shares $101,913.00 +0.2%0.3%1.9 $2.11
3/31/202348,200 shares $127,730.00 -11.9%0.3%1.7 $2.65
3/15/202354,700 shares $178,869.00 -6.3%0.3%1.8 $3.27
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2/28/202358,400 shares $185,712.00 +3.6%0.4%1.8 $3.18
2/15/202356,400 shares $191,760.00 -1.9%0.3%1.8 $3.40
1/31/202357,500 shares $187,450.00 -28.0%0.4%1.9 $3.26
1/15/202379,900 shares $273,258.00 +62.1%0.6%2.6 $3.42
12/30/202249,300 shares $125,222.00 -3.1%0.5%1.7 $2.54
12/15/202250,900 shares $103,327.00 -2.9%0.5%1.8 $2.03
11/30/202252,400 shares $124,712.00 +6.9%0.3%1.9 $2.38
11/15/202249,000 shares $113,190.00 -11.4%0.3%1.7 $2.31
10/31/202255,300 shares $138,250.00 -7.8%0.3%1.9 $2.50
10/15/202260,000 shares $162,000.00 -10.7%0.4%2 $2.70
9/30/202267,200 shares $196,224.00 -19.5%0.4%2.1 $2.92
9/15/202283,500 shares $310,620.00 -6.3%0.5%2.4 $3.72
8/31/202289,100 shares $334,125.00 -7.3%0.6%1.9 $3.75
8/15/202296,100 shares $392,088.00 -35.3%0.6%1.9 $4.08
7/31/2022148,500 shares $602,910.00 -13.7%0.9%2.8 $4.06
7/15/2022172,100 shares $683,237.00 No Change1.1%3.1 $3.97

GMGI Short Interest - Frequently Asked Questions

What is Golden Matrix Group's current short interest?

Short interest is the volume of Golden Matrix Group shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 983,200 shares of GMGI short. 7.61% of Golden Matrix Group's shares are currently sold short. Learn More on Golden Matrix Group's current short interest.

What is a good short interest ratio for Golden Matrix Group?

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. GMGI shares currently have a short interest ratio of 14.0. Learn More on Golden Matrix Group's short interest ratio.

What is a good short interest percentage for Golden Matrix Group?

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. 7.61% of Golden Matrix Group's floating shares are currently sold short.

Is Golden Matrix Group's short interest increasing or decreasing?

Golden Matrix Group saw a decline in short interest in October. As of October 31st, there was short interest totaling 983,200 shares, a decline of 1.4% from the previous total of 997,300 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 Golden Matrix Group's float size?

Golden Matrix Group currently has issued a total of 128,903,000 shares. Some of Golden Matrix Group'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. Golden Matrix Group currently has a public float of 12,920,000 shares.

How does Golden Matrix Group's short interest compare to its competitors?

7.61% of Golden Matrix Group's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Golden Matrix Group: Blend Labs, Inc. (6.19%), Grid Dynamics Holdings, Inc. (3.66%), Formula Systems (1985) Ltd. (0.01%), VTEX (0.46%), Viant Technology Inc. (3.45%), Coursera, Inc. (7.59%), Vimeo, Inc. (2.28%), Couchbase, Inc. (3.61%), Weave Communications, Inc. (1.97%), Similarweb Ltd. (0.61%),

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 Golden Matrix Group stock?

Short selling GMGI is an investing strategy that aims to generate trading profit from Golden Matrix Group as its price is falling. GMGI shares are trading down $0.25 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 Golden Matrix Group?

A short squeeze for Golden Matrix Group 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 GMGI, which in turn drives the price of the stock up even further.

How often is Golden Matrix Group'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 GMGI, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:GMGI) was last updated on 11/21/2024 by MarketBeat.com Staff
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