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Gates Industrial (GTES) Short Interest Ratio & Short Volume

$17.42
+0.14 (+0.81%)
(As of 05/31/2024 ET)

Gates Industrial Short Interest Data

Current Short Interest
9,640,000 shares
Previous Short Interest
9,030,000 shares
Change Vs. Previous Month
+6.76%
Dollar Volume Sold Short
$163.88 million
Short Interest Ratio
3.1 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
261,380,000 shares
Float Size
187,770,000 shares
Short Percent of Float
5.13%
Today's Trading Volume
2,373,322 shares
Average Trading Volume
2,800,332 shares
Today's Volume Vs. Average
85%
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GTES Short Interest Over Time

GTES Days to Cover Over Time

GTES Percentage of Float Shorted Over Time

Gates Industrial Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20249,640,000 shares $163.88 million +6.8%5.1%3.1 $17.00
4/30/20249,030,000 shares $159.20 million +7.5%4.8%2.8 $17.63
4/15/20248,400,000 shares $145.32 million +8.0%4.4%2.9 $17.30
3/31/20247,780,000 shares $137.78 million +7.3%4.1%2.6 $17.71
3/15/20247,250,000 shares $124.12 million +76.0%3.8%2.5 $17.12
2/29/20244,120,000 shares $60.67 million -39.2%2.2%1.6 $14.73
2/15/20246,780,000 shares $91.26 million +57.3%3.6%2.9 $13.46
1/31/20244,310,000 shares $55.51 million +59.0%2.6%2.3 $12.88
1/15/20242,710,000 shares $36.67 million -21.0%1.6%1.5 $13.53
12/31/20233,430,000 shares $46.03 million -4.5%2.1%2 $13.42
12/15/20233,590,000 shares $44.84 million -23.1%2.2%2.1 $12.49
11/30/20234,670,000 shares $57.21 million +9.4%3.1%2.9 $12.25
11/15/20234,270,000 shares $50.68 million +49.3%2.9%2.9 $11.87
10/31/20232,860,000 shares $31.23 million +5.2%1.9%1.6 $10.92
10/15/20232,720,000 shares $30.25 million -22.3%1.8%1.6 $11.12
9/30/20233,500,000 shares $40.64 million +87.2%2.3%2.1 $11.61
9/15/20231,870,000 shares $21.82 million +6.3%1.3%1.3 $11.67
8/31/20231,760,000 shares $21.61 million +41.9%1.1%1.3 $12.28
8/15/20231,240,000 shares $14.42 million -18.4%0.8%0.7 $11.63
7/31/20231,520,000 shares $20.71 million +1.3%1.1%0.8 $13.63
7/15/20231,500,000 shares $20.31 million -30.6%1.0%0.9 $13.54
6/30/20232,160,000 shares $29.12 million +64.9%1.4%1.4 $13.48
6/15/20231,310,000 shares $17.19 million -39.4%0.9%0.9 $13.12
5/31/20232,160,000 shares $25.30 million -36.5%1.4%1.4 $11.72
5/15/20233,400,000 shares $46.41 million -2.0%3.3%2.4 $13.65
4/30/20233,470,000 shares $46.74 million +6.1%3.4%4.5 $13.47
4/15/20233,270,000 shares $43.69 million +0.9%3.2%4.3 $13.36
3/31/20233,240,000 shares $45.00 million -0.9%3.2%4.2 $13.89
3/15/20233,270,000 shares $43.36 million +7.2%3.2%4.4 $13.26
2/28/20233,050,000 shares $42.82 million +43.2%3.0%4.3 $14.04
2/15/20232,130,000 shares $30.35 million +31.5%2.1%3.2 $14.25
1/31/20231,620,000 shares $21.40 million -19.0%1.6%3 $13.21
1/15/20232,000,000 shares $25.46 million -10.7%1.9%3.5 $12.73
12/30/20222,240,000 shares $25.56 million +43.6%2.2%3.3 $11.41
12/15/20221,560,000 shares $16.97 million +1.3%1.5%2 $10.88
11/30/20221,540,000 shares $17.89 million +4.1%1.5%1.9 $11.62
11/15/20221,480,000 shares $17.66 million -2.6%1.4%1.7 $11.93
10/31/20221,520,000 shares $16.95 million -22.5%1.5%1.8 $11.15
10/15/20221,960,000 shares $19.95 million -18.7%1.9%2.5 $10.18
9/30/20222,410,000 shares $23.52 million +3.9%2.4%3.4 $9.76
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9/15/20222,320,000 shares $25.98 million +6.9%2.3%3.6 $11.20
8/31/20222,170,000 shares $23.26 million +13.6%2.0%3.5 $10.72
8/15/20221,910,000 shares $24.16 million +3.8%1.8%2.9 $12.65
7/31/20221,840,000 shares $22.63 million -11.5%1.7%2.5 $12.30
7/15/20222,080,000 shares $22.67 million +5.1%1.9%2.6 $10.90
6/30/20221,980,000 shares $21.40 million +29.4%1.8%2.2 $10.81
6/15/20221,530,000 shares $17.53 million -6.7%1.4%1.4 $11.46
5/31/20221,640,000 shares $20.93 million -9.4%1.5%1.5 $12.76
5/15/20221,810,000 shares $22.44 million -10.8%1.6%1.7 $12.40
4/30/20222,030,000 shares $25.88 million No Change1.6%1.9 $12.75
4/15/20222,030,000 shares $26.82 million +22.3%1.6%2 $13.21
3/31/20221,660,000 shares $25.00 million -1.8%1.3%1.8 $15.06
3/15/20221,690,000 shares $25.70 million -1.2%1.7%2.6 $15.21
2/28/20221,710,000 shares $27.09 million +11.0%1.7%2.5 $15.84
2/15/20221,540,000 shares $23.76 million -14.0%1.6%2.3 $15.43
1/31/20221,790,000 shares $27.69 million +17.8%1.8%2.8 $15.47
1/15/20221,520,000 shares $25.22 million +38.2%1.5%2.5 $16.59
12/31/20211,100,000 shares $17.50 million -17.9%1.1%1.7 $15.91
12/15/20211,340,000 shares $21.09 million +65.6%1.4%1.8 $15.74
11/30/2021809,000 shares $12.97 million -17.9%0.8%1 $16.03
11/15/2021985,100 shares $16.34 million +22.8%1.0%1.1 $16.59
10/29/2021802,500 shares $13.19 million -33.7%0.8%0.7 $16.44
10/15/20211,210,000 shares $19.90 million +13.1%1.2%1 $16.45
9/30/20211,070,000 shares $17.41 million +7.9%1.1%0.9 $16.27
9/15/2021992,100 shares $16.73 million +3.9%1.0%0.9 $16.86
8/31/2021955,300 shares $15.65 million -48.4%1.0%1 $16.38
8/13/20211,850,000 shares $30.90 million +18.6%1.9%2.2 $16.70
7/30/20211,560,000 shares $28.25 million -7.1%2.2%2.9 $18.11
7/15/20211,680,000 shares $29.94 million +7.7%2.4%3.2 $17.82
6/30/20211,560,000 shares $28.19 million +6.1%2.2%2.8 $18.07
6/15/20211,470,000 shares $26.56 million +29.0%2.1%2.6 $18.07
5/28/20211,140,000 shares $20.70 million -3.4%1.7%1.8 $18.16
5/14/20211,180,000 shares $20.54 million +0.9%1.7%1.3 $17.41
4/30/20211,170,000 shares $20.50 million +6.4%1.7%1.3 $17.52
4/15/20211,100,000 shares $18.23 million +10.9%1.7%1.3 $16.57
3/31/2021991,600 shares $15.89 million -27.6%1.5%1.2 $16.02
3/15/20211,370,000 shares $22.69 million +81.3%2.1%1.8 $16.56
2/26/2021755,700 shares $11.82 million +117.3%1.2%1.2 $15.64
2/12/2021347,700 shares $5.62 million +7.8%0.8%1.3 $16.17
1/29/2021322,500 shares $4.75 million +38.0%0.7%1.4 $14.73
1/15/2021233,700 shares $3.32 million +21.3%0.5%1.2 $14.21
12/31/2020192,600 shares $2.47 million +67.8%0.4%1.2 $12.84
12/15/2020114,800 shares $1.51 million +3.3%0.3%0.8 $13.12
11/30/2020111,100 shares $1.48 million -33.7%0.3%0.6 $13.36
11/15/2020167,500 shares $2.14 million -34.2%0.4%0.9 $12.75
10/30/2020254,400 shares $2.86 million -11.5%0.6%1.3 $11.24
10/15/2020287,500 shares $3.45 million -7.6%0.7%1.4 $11.99
9/30/2020311,200 shares $3.46 million -37.9%0.7%1.4 $11.12
9/15/2020501,200 shares $6.05 million -3.6%1.1%2.1 $12.08
8/31/2020520,000 shares $5.87 million -31.9%1.2%2.1 $11.29
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8/14/2020764,000 shares $9.31 million -22.9%1.8%2.9 $12.19
7/31/2020990,900 shares $10.44 million -11.5%2.3%3.4 $10.54
7/15/20201,120,000 shares $11.47 million -22.2%2.6%3.6 $10.24
6/30/20201,440,000 shares $14.60 million -7.7%3.3%4.6 $10.14
6/15/20201,560,000 shares $16.38 million -17.0%3.6%4.7 $10.50
5/29/20201,880,000 shares $18.89 million -10.9%4.3%4.9 $10.05
5/15/20202,110,000 shares $18.12 million -15.6%4.8%5.3 $8.59
4/30/20202,500,000 shares $23.08 million -1.6%5.7%6.5 $9.23
4/15/20202,540,000 shares $19.51 million +5.8%5.8%6.6 $7.68
3/31/20202,400,000 shares $18.24 million +8.0%5.4%6.4 $7.60
3/13/20202,223,300 shares $17.68 million -6.2%0.8%5.7 $7.95
2/28/20202,370,000 shares $14.53 million +1.3%5.3%6.1 $6.13
2/14/20202,340,000 shares $22.09 million -23.5%5.3%6.5 $9.44
1/31/20203,060,000 shares $33.81 million -4.4%6.9%8.8 $11.05
1/15/20203,200,000 shares $41.63 million +1.0%7.2%9.5 $13.01
12/31/20193,170,000 shares $40.92 million +23.4%7.1%9 $12.91
8/15/20192,500,200 shares $20.35 million +4.8%5.5%4 $8.14

GTES Short Interest - Frequently Asked Questions

What is Gates Industrial's current short interest?

Short interest is the volume of Gates Industrial shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 9,640,000 shares of GTES short. 5.13% of Gates Industrial's shares are currently sold short. Learn More on Gates Industrial's current short interest.

What is a good short interest ratio for Gates Industrial?

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. GTES shares currently have a short interest ratio of 3.0. Learn More on Gates Industrial's short interest ratio.

Which institutional investors are shorting Gates Industrial?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Gates Industrial: PEAK6 Investments LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Gates Industrial?

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. 5.13% of Gates Industrial's floating shares are currently sold short.

Is Gates Industrial's short interest increasing or decreasing?

Gates Industrial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 9,640,000 shares, an increase of 6.8% from the previous total of 9,030,000 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 Gates Industrial's float size?

Gates Industrial currently has issued a total of 261,380,000 shares. Some of Gates Industrial'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. Gates Industrial currently has a public float of 187,770,000 shares.

How does Gates Industrial's short interest compare to its competitors?

5.13% of Gates Industrial's shares are currently sold short. Here is how the short interest of companies compare to Gates Industrial: Zebra Technologies Co. (2.08%), Zurn Elkay Water Solutions Co. (3.19%), Enerflex Ltd. (1.18%), Graham Co. (0.36%), Twin Disc, Incorporated (0.69%), Greenland Technologies Holding Co. (0.12%), Illinois Tool Works Inc. (2.39%), Ingersoll Rand Inc. (1.81%), Lennox International Inc. (2.96%), Owens Corning (1.84%),

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. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Gates Industrial stock?

Short selling GTES is an investing strategy that aims to generate trading profit from Gates Industrial as its price is falling. GTES shares are trading up $0.14 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 Gates Industrial?

A short squeeze for Gates Industrial 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 GTES, which in turn drives the price of the stock up even further.

How often is Gates Industrial'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 GTES, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:GTES) was last updated on 6/1/2024 by MarketBeat.com Staff

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