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Genco Shipping & Trading (GNK) Short Interest Ratio & Short Volume

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$17.66 -0.11 (-0.62%)
(As of 11/15/2024 ET)

Genco Shipping & Trading Short Interest Data

Genco Shipping & Trading (GNK) has a short interest of 712,600 shares, representing 1.70% of the float (the number of shares available for trading by the public). This marks a 13.44% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.6, indicating that it would take 1.6 days of the average trading volume of 587,297 shares to cover all short positions.

Current Short Interest
712,600 shares
Previous Short Interest
628,200 shares
Change Vs. Previous Month
+13.44%
Dollar Volume Sold Short
$11.22 million
Short Interest Ratio
1.6 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
42,760,000 shares
Float Size
41,840,000 shares
Short Percent of Float
1.70%
Today's Trading Volume
512,789 shares
Average Trading Volume
587,297 shares
Today's Volume Vs. Average
87%
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GNK Short Interest Over Time

GNK Days to Cover Over Time

GNK Percentage of Float Shorted Over Time

Genco Shipping & Trading Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024712,600 shares $11.22 million +13.4%1.7%1.6 $15.74
10/15/2024628,200 shares $10.68 million +3.6%1.5%1.4 $17.00
9/30/2024606,500 shares $11.83 million -20.9%1.5%1.3 $19.50
9/15/2024767,000 shares $13.22 million -18.3%1.8%1.6 $17.24
8/31/2024939,000 shares $16.52 million +4.8%2.2%1.9 $17.59
8/15/2024895,900 shares $15.76 million -11.3%2.1%1.7 $17.59
7/31/20241,010,000 shares $19.60 million -4.7%2.4%1.7 $19.41
7/15/20241,060,000 shares $22.04 million -15.9%2.5%1.8 $20.79
6/30/20241,260,000 shares $26.85 million -8.0%3.0%2.2 $21.31
6/15/20241,370,000 shares $28.02 million +15.1%3.3%2.3 $20.45
5/31/20241,190,000 shares $26.80 million +24.1%2.8%1.9 $22.52
5/15/2024958,700 shares $21.59 million -12.9%2.4%1.4 $22.53
4/30/20241,100,000 shares $23.47 million -9.1%2.9%1.6 $21.34
4/15/20241,210,000 shares $25.00 million +34.9%3.2%1.7 $20.66
3/31/2024897,200 shares $18.24 million -22.7%2.4%1.2 $20.33
3/15/20241,160,000 shares $23.70 million -0.9%3.1%1.5 $20.43
2/29/20241,170,000 shares $23.87 million +3.5%3.1%1.5 $20.40
2/15/20241,130,000 shares $19.98 million -7.4%3.0%1.5 $17.68
1/31/20241,220,000 shares $21.40 million +6.1%3.3%1.6 $17.54
1/15/20241,150,000 shares $18.34 million -5.7%3.1%1.5 $15.95
12/31/20231,220,000 shares $20.24 million -16.4%3.3%1.7 $16.59
12/15/20231,460,000 shares $22.92 million -2.7%3.7%2.1 $15.70
11/30/20231,500,000 shares $23.31 million -1.3%3.8%2.2 $15.54
11/15/20231,520,000 shares $21.22 million -20.0%3.8%2.4 $13.96
10/31/20231,900,000 shares $25.01 million -10.8%4.8%3.1 $13.17
10/15/20232,130,000 shares $30.71 million +3.4%5.4%3.4 $14.42
9/30/20232,060,000 shares $28.82 million +6.7%5.2%3.2 $13.99
9/15/20231,930,000 shares $26.46 million -4.0%4.8%3 $13.71
8/31/20232,010,000 shares $27.50 million +16.9%5.0%3.1 $13.68
8/15/20231,720,000 shares $23.97 million -1.2%4.3%2.3 $13.94
7/31/20231,740,000 shares $25.24 million -2.3%4.4%2.2 $14.51
7/15/20231,780,000 shares $24.10 million -7.8%4.5%2.2 $13.54
6/30/20231,930,000 shares $27.07 million -12.3%4.9%2.3 $14.03
6/15/20232,200,000 shares $31.72 million +5.3%5.5%2.6 $14.42
5/31/20232,090,000 shares $25.94 million -14.0%5.2%2.3 $12.41
5/15/20232,430,000 shares $33.97 million +24.0%6.1%2.4 $13.98
4/30/20231,960,000 shares $30.20 million -1.0%4.9%2 $15.41
4/15/20231,980,000 shares $32.27 million -13.9%5.0%2 $16.30
3/31/20232,300,000 shares $36.02 million -16.4%5.8%2.3 $15.66
3/15/20232,750,000 shares $44.41 million +19.1%6.9%2.7 $16.15
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2/28/20232,310,000 shares $44.01 million -16.9%5.8%2.5 $19.05
2/15/20232,780,000 shares $51.87 million +29.9%7.0%3.2 $18.66
1/31/20232,140,000 shares $38.82 million -14.7%5.4%2.3 $18.14
1/15/20232,510,000 shares $40.49 million +47.7%6.3%2.7 $16.13
12/30/20221,700,000 shares $26.11 million -10.5%4.3%1.8 $15.36
12/15/20221,900,000 shares $28.20 million +8.6%4.8%1.8 $14.84
11/30/20221,750,000 shares $25.95 million -2.2%4.4%1.6 $14.83
11/15/20221,790,000 shares $29.02 million -16.0%4.5%1.5 $16.21
10/31/20222,130,000 shares $28.54 million +24.6%5.4%1.9 $13.40
10/15/20221,710,000 shares $23.99 million -1.7%4.4%1.4 $14.03
9/30/20221,740,000 shares $21.80 million +2.4%4.5%1.5 $12.53
9/15/20221,700,000 shares $23.97 million +5.6%4.4%1.6 $14.10
8/31/20221,610,000 shares $22.07 million -13.4%4.2%1.5 $13.71
8/15/20221,860,000 shares $30.08 million +6.9%4.8%1.6 $16.17
7/31/20221,740,000 shares $33.55 million +15.2%4.2%1.6 $19.28
7/15/20221,510,000 shares $25.70 million -8.5%3.6%1.3 $17.02
6/30/20221,650,000 shares $31.88 million +27.9%4.0%1.4 $19.32
6/15/20221,290,000 shares $27.17 million -15.7%3.1%1 $21.06
5/31/20221,530,000 shares $38.63 million +17.7%3.7%1.2 $25.25
5/15/20221,300,000 shares $27.08 million -0.8%3.1%1 $20.83
4/30/20221,310,000 shares $28.86 million -19.1%3.2%1.1 $22.03
4/15/20221,620,000 shares $39.92 million +4.5%3.9%1.4 $24.64
3/31/20221,550,000 shares $36.61 million +14.8%3.8%1.6 $23.62
3/15/20221,350,000 shares $25.79 million -18.7%3.3%1.6 $19.10
2/28/20221,660,000 shares $32.00 million -10.8%4.0%2.2 $19.28
2/15/20221,860,000 shares $33.72 million +14.1%4.5%2.6 $18.13
1/31/20221,630,000 shares $25.36 million +23.5%4.2%2.5 $15.56
1/15/20221,320,000 shares $21.71 million +16.8%3.4%2 $16.45
12/31/20211,130,000 shares $18.08 million +4.6%2.9%1.7 $16.00
12/15/20211,080,000 shares $15.93 million +45.6%2.8%1.6 $14.75
11/30/2021741,800 shares $11.43 million +154.8%1.9%1.1 $15.41
11/15/2021291,100 shares $4.34 million -54.6%0.8%0.5 $14.92
10/29/2021641,000 shares $11.01 million -19.5%1.7%1 $17.17
10/15/2021796,600 shares $13.67 million -19.8%2.1%1.2 $17.16
9/30/2021993,000 shares $19.99 million -0.6%2.6%1.5 $20.13
9/15/2021998,800 shares $21.33 million +0.3%2.6%1.4 $21.36
8/31/2021996,100 shares $19.41 million -7.8%2.6%1.3 $19.49
8/13/20211,080,000 shares $19.44 million -25.5%2.8%1.3 $18.00
7/30/20211,450,000 shares $25.45 million -3.3%3.8%1.6 $17.55
7/15/20211,500,000 shares $26.93 million +20.0%3.9%1.6 $17.95
6/30/20211,250,000 shares $23.60 million +12.6%3.3%1.3 $18.88
6/15/20211,110,000 shares $20.28 million +33.1%2.9%1.2 $18.27
5/28/2021834,100 shares $13.18 million +50.4%2.2%0.9 $15.80
5/14/2021554,700 shares $8.52 million -28.2%1.5%0.6 $15.36
4/30/2021772,700 shares $11.51 million +0.5%2.0%0.9 $14.90
4/15/2021768,800 shares $8.56 million +41.8%2.0%0.9 $11.14
3/31/2021542,100 shares $5.45 million +11.5%1.5%0.5 $10.06
3/15/2021486,400 shares $5.66 million -56.2%1.3%0.5 $11.63
2/26/20211,110,000 shares $11.73 million +2.8%3.4%1.4 $10.57
2/12/20211,080,000 shares $9.98 million +29.8%3.3%1.5 $9.24
First JFK… next Elon? (Ad)

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1/29/2021832,300 shares $6.22 million +210.6%2.5%1.3 $7.47
1/15/2021268,000 shares $2.19 million -8.7%0.8%0.5 $8.17
12/31/2020293,500 shares $2.10 million +4.2%0.8%0.8 $7.16
12/15/2020281,700 shares $2.08 million -19.8%0.8%1.5 $7.37
11/30/2020351,400 shares $2.65 million -22.9%1.0%2.2 $7.54
11/15/2020455,900 shares $3.19 million -12.6%1.3%3.1 $6.99
10/30/2020521,500 shares $3.44 million -10.0%1.5%3.7 $6.59
10/15/2020579,400 shares $4.30 million -9.2%1.6%3.7 $7.43
9/30/2020638,300 shares $4.40 million -7.9%1.8%3.8 $6.90
9/15/2020693,000 shares $4.95 million -14.1%1.9%3.7 $7.14
8/31/2020807,100 shares $5.74 million +10.4%2.2%4.1 $7.11
8/14/2020730,800 shares $5.74 million -17.9%2.0%3.1 $7.86
7/31/2020890,200 shares $6.04 million -14.4%2.5%3.4 $6.79
7/15/20201,040,000 shares $6.27 million +1.0%2.9%4 $6.03
6/30/20201,030,000 shares $6.47 million +23.3%2.9%3.9 $6.28
6/15/2020835,500 shares $5.43 million +3.2%2.3%3.1 $6.50
5/29/2020810,000 shares $3.82 million -9.8%2.3%2.8 $4.72
5/15/2020898,000 shares $4.10 million +32.8%2.5%3.2 $4.57
4/30/2020676,100 shares $3.95 million -8.7%1.9%2.6 $5.84
4/15/2020740,700 shares $4.46 million +9.9%2.1%2.7 $6.02
3/31/2020674,100 shares $3.77 million -19.1%1.9%2.6 $5.60
3/13/2020833,000 shares $4.63 million -3.5%2.7%3.5 $5.56
2/28/2020862,900 shares $4.27 million +0.0%2.4%3.7 $4.95
2/14/2020862,700 shares $5.60 million +8.3%2.4%3.7 $6.49
1/31/2020796,500 shares $5.53 million +21.5%2.2%3.3 $6.94
1/15/2020655,400 shares $5.43 million +14.7%1.8%2.5 $8.28
12/31/2019571,200 shares $4.99 million -13.4%1.6%2.3 $8.73

GNK Short Interest - Frequently Asked Questions

What is Genco Shipping & Trading's current short interest?

Short interest is the volume of Genco Shipping & Trading shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 712,600 shares of GNK short. 1.70% of Genco Shipping & Trading's shares are currently sold short. Learn More on Genco Shipping & Trading's current short interest.

What is a good short interest ratio for Genco Shipping & Trading?

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. GNK shares currently have a short interest ratio of 2.0. Learn More on Genco Shipping & Trading's short interest ratio.

What is a good short interest percentage for Genco Shipping & Trading?

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. 1.70% of Genco Shipping & Trading's floating shares are currently sold short.

Is Genco Shipping & Trading's short interest increasing or decreasing?

Genco Shipping & Trading saw a increase in short interest in October. As of October 31st, there was short interest totaling 712,600 shares, an increase of 13.4% from the previous total of 628,200 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 Genco Shipping & Trading's float size?

Genco Shipping & Trading currently has issued a total of 42,760,000 shares. Some of Genco Shipping & Trading'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. Genco Shipping & Trading currently has a public float of 41,840,000 shares.

How does Genco Shipping & Trading's short interest compare to its competitors?

1.70% of Genco Shipping & Trading's shares are currently sold short. Here is how the short interest of companies in the industry of "transportation" compare to Genco Shipping & Trading: ZIM Integrated Shipping Services Ltd. (12.85%), Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (0.57%), Hafnia Limited (0.97%), ArcBest Co. (7.06%), International Seaways, Inc. (2.44%), Star Bulk Carriers Corp. (1.73%), DHT Holdings, Inc. (4.87%), Costamare Inc. (5.37%), BW LPG Limited (0.67%), Navios Maritime Partners L.P. (1.04%),

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 Genco Shipping & Trading stock?

Short selling GNK is an investing strategy that aims to generate trading profit from Genco Shipping & Trading as its price is falling. GNK shares are trading down $0.11 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 Genco Shipping & Trading?

A short squeeze for Genco Shipping & Trading 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 GNK, which in turn drives the price of the stock up even further.

How often is Genco Shipping & Trading'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 GNK, twice per month. The most recent reporting period available is October, 31 2024.




This page (NYSE:GNK) was last updated on 11/16/2024 by MarketBeat.com Staff
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