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Gryphon Digital Mining (GRYP) Short Interest Ratio & Short Volume

Gryphon Digital Mining logo
$0.45 -0.01 (-3.08%)
(As of 12/20/2024 05:40 PM ET)

Gryphon Digital Mining Short Interest Data

Gryphon Digital Mining (GRYP) has a short interest of 598,600 shares, representing 2.66% of the float (the number of shares available for trading by the public). This marks a 0.37% 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 461,253 shares to cover all short positions.

Current Short Interest
598,600 shares
Previous Short Interest
596,400 shares
Change Vs. Previous Month
+0.37%
Dollar Volume Sold Short
$418,720.70
Short Interest Ratio
0.9 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
51,809,000 shares
Float Size
22,500,000 shares
Short Percent of Float
2.66%
Today's Trading Volume
1,365,066 shares
Average Trading Volume
461,253 shares
Today's Volume Vs. Average
296%
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GRYP Short Interest Over Time

GRYP Days to Cover Over Time

GRYP Percentage of Float Shorted Over Time

Gryphon Digital Mining Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/2024598,600 shares $418,720.70 +0.4%2.7%0.9 $0.70
11/15/2024596,400 shares $387,898.56 +132.3%1.8%0.9 $0.65
10/31/2024256,700 shares $161,002.24 +609.1%1.0%0.6 $0.63
10/15/202436,200 shares $20,453.00 -53.3%0.1%0.1 $0.57
9/30/202477,500 shares $52,808.50 -4.1%0.3%0.3 $0.68
9/15/202480,800 shares $41,862.48 -58.9%0.3%0.3 $0.52
8/31/2024196,800 shares $132,072.48 +53.2%0.8%0.7 $0.67
8/15/2024128,500 shares $92,969.75 +17.6%0.5%0.4 $0.72
7/31/2024109,300 shares $96,184.00 -46.8%0.4%0.3 $0.88
7/15/2024205,300 shares $238,148.00 No Change0.8%0.5 $1.16

GRYP Short Interest - Frequently Asked Questions

What is Gryphon Digital Mining's current short interest?

Short interest is the volume of Gryphon Digital Mining shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 598,600 shares of GRYP short. 2.66% of Gryphon Digital Mining's shares are currently sold short. Learn More on Gryphon Digital Mining's current short interest.

What is a good short interest ratio for Gryphon Digital Mining?

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. GRYP shares currently have a short interest ratio of 1.0. Learn More on Gryphon Digital Mining's short interest ratio.

What is a good short interest percentage for Gryphon Digital Mining?

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. 2.66% of Gryphon Digital Mining's floating shares are currently sold short.

Is Gryphon Digital Mining's short interest increasing or decreasing?

Gryphon Digital Mining saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 598,600 shares, an increase of 0.4% from the previous total of 596,400 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 Gryphon Digital Mining's float size?

Gryphon Digital Mining currently has issued a total of 51,809,000 shares. Some of Gryphon Digital Mining'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. Gryphon Digital Mining currently has a public float of 22,500,000 shares.

How does Gryphon Digital Mining's short interest compare to its competitors?

2.66% of Gryphon Digital Mining's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Gryphon Digital Mining: Rhinebeck Bancorp, Inc. (0.12%), Bogota Financial Corp. (0.39%), First Northwest Bancorp (0.13%), First Capital, Inc. (0.13%), Magyar Bancorp, Inc. (0.09%), Stronghold Digital Mining, Inc. (5.13%), Pathfinder Bancorp, Inc. (0.13%), Auburn National Bancorporation, Inc. (0.13%), IF Bancorp, Inc. (0.20%), United Bancorp, Inc. (0.15%),

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. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Gryphon Digital Mining stock?

Short selling GRYP is an investing strategy that aims to generate trading profit from Gryphon Digital Mining as its price is falling. GRYP shares are trading down $0.01 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 Gryphon Digital Mining?

A short squeeze for Gryphon Digital Mining 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 GRYP, which in turn drives the price of the stock up even further.

How often is Gryphon Digital Mining'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 GRYP, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:GRYP) was last updated on 12/21/2024 by MarketBeat.com Staff
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