Genco Shipping & Trading (GNK) Short Interest Ratio & Short Volume → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free GNK Stock Alerts $23.18 +0.15 (+0.65%) (As of 05/17/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Genco Shipping & Trading Short Interest DataCurrent Short Volume1,100,000 sharesPrevious Short Volume1,210,000 sharesChange Vs. Previous Month-9.09%Dollar Volume Sold Short$23.47 millionShort Interest Ratio / Days to Cover1.6Last Record DateApril 30, 2024Outstanding Shares42,760,000 sharesFloat Size37,690,000 sharesShort Percent of Float2.92%Today's Trading Volume554,464 sharesAverage Trading Volume684,378 sharesToday's Volume Vs. Average81% Short Selling Genco Shipping & Trading ? Sign up to receive the latest short interest report for Genco Shipping & Trading and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatGNK Short Interest Over TimeGNK Days to Cover Over TimeGNK Percentage of Float Shorted Over Time Ad DTIYou missed the class - here’s your second chanceIt’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore…Click here and I’ll give you the details. Genco Shipping & Trading Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 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 Get the Latest News and Ratings for GNK and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Genco Shipping & Trading and its competitors with MarketBeat's FREE daily newsletter. 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 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 $14.10Elon to Transform U.S. Economy? (Ad)A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. 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 April 30th, traders have sold 1,100,000 shares of GNK short. 2.92% 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. 2.92% 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 decline in short interest in April. As of April 30th, there was short interest totaling 1,100,000 shares, a decline of 9.1% from the previous total of 1,210,000 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. 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 37,690,000 shares. How does Genco Shipping & Trading's short interest compare to its competitors? 2.92% of Genco Shipping & Trading's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Genco Shipping & Trading: Ardmore Shipping Co. (2.15%), Global Ship Lease, Inc. (3.59%), Tsakos Energy Navigation Limited (1.27%), Teekay Co. (0.81%), Navigator Holdings Ltd. (0.99%), Safe Bulkers, Inc. (4.10%), Navios Maritime Partners L.P. (1.02%), Overseas Shipholding Group, Inc. (0.85%), Pangaea Logistics Solutions, Ltd. (1.45%), SEACOR Marine Holdings Inc. (0.97%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 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 up $0.15 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 April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: Ardmore Shipping Short Interest Data Global Ship Lease Short Interest Data Tsakos Energy Navigation Short Interest Data Teekay Short Interest Data Navigator Short Interest Data Safe Bulkers Short Interest Data Navios Maritime Partners Short Interest Data Overseas Shipholding Group Short Interest Data Pangaea Logistics Solutions Short Interest Data SEACOR Marine Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:GNK) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaUrgent Nvidia WarningAltimetryDems have chosen Biden replacement?Paradigm PressMost important medical advance in 100 yearsThe Oxford ClubNext President (Not Trump. Not Biden.)The Freeport SocietyCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders