Gamer Pakistan (GPAK) Short Interest Ratio & Short Volume

Short interest is the volume of Gamer Pakistan shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 423,800 shares of GPAK short. 2.19% of Gamer Pakistan's shares are currently sold short. Learn More on Gamer Pakistan's current short interest.

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. 2.19% of Gamer Pakistan's floating shares are currently sold short.

Gamer Pakistan saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 423,800 shares, an increase of 28,153.3% from the previous total of 1,500 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.

Gamer Pakistan currently has issued a total of 23,880,000 shares. Some of Gamer Pakistan'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. Gamer Pakistan currently has a public float of 19,380,000 shares.

2.19% of Gamer Pakistan's shares are currently sold short. Here is how the short interest of companies in the industry of "entertainment" compare to Gamer Pakistan: DraftKings Inc. (2.77%), TKO Group Holdings, Inc. (6.56%), Endeavor Group Holdings, Inc. (6.94%), Planet Fitness, Inc. (4.49%), Life Time Group Holdings, Inc. (8.12%), Cedar Fair, L.P. (8.95%), Super Group Limited (0.47%), Manchester United plc (1.66%), Rush Street Interactive, Inc. (2.26%), Atlanta Braves Holdings, Inc. (2.73%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling GPAK is an investing strategy that aims to generate trading profit from Gamer Pakistan as its price is falling. 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.

A short squeeze for Gamer Pakistan 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 GPAK, which in turn drives the price of the stock up even further.

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