Global Gas (HGAS) Short Interest Ratio & Short Volume

Short interest is the volume of Global Gas shares that have been sold short but have not yet been covered or closed out. As of June 15th, investors have sold 11,100 shares of HGAS short. 0.99% of Global Gas' shares are currently sold short. Learn More on Global Gas' 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. 0.99% of Global Gas' floating shares are currently sold short.

Global Gas saw a decline in short interest in June. As of June 15th, there was short interest totaling 11,100 shares, a decline of 60.4% from the previous total of 28,000 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.

Global Gas currently has issued a total of 8,128,000 shares. Some of Global Gas' 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. Global Gas currently has a public float of 1,120,000 shares.

0.99% of Global Gas' shares are currently sold short. Here is how the short interest of companies compare to Global Gas: Linde plc (1.40%), Air Products and Chemicals, Inc. (1.30%), Minerals Technologies Inc. (1.36%), Tronox Holdings plc (5.81%), Kronos Worldwide, Inc. (2.74%), Valhi, Inc. (3.28%), LSB Industries, Inc. (2.83%), NL Industries, Inc. (1.35%), Luxfer Holdings PLC (0.58%), VivoPower International PLC (8.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling HGAS is an investing strategy that aims to generate trading profit from Global Gas as its price is falling. HGAS shares are trading up $0.16 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.

A short squeeze for Global Gas 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 HGAS, 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 HGAS, twice per month. The most recent reporting period available is June, 15 2024.