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GoldMining (GLDG) Short Interest Ratio & Short Volume

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$0.89 -0.02 (-2.20%)
(As of 11/20/2024 ET)

GoldMining Short Interest Data

GoldMining (GLDG) has a short interest of 1.81 million shares, representing 0.99% of the float (the number of shares available for trading by the public). This marks a -12.14% decrease in short interest from the previous month. The short interest ratio (days to cover) is 2.4, indicating that it would take 2.4 days of the average trading volume of 801,099 shares to cover all short positions.

Current Short Interest
1,810,000 shares
Previous Short Interest
2,060,000 shares
Change Vs. Previous Month
-12.14%
Dollar Volume Sold Short
$0.00
Short Interest Ratio
2.4 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
194,680,000 shares
Float Size
182,000,000 shares
Short Percent of Float
0.99%
Today's Trading Volume
521,461 shares
Average Trading Volume
801,099 shares
Today's Volume Vs. Average
65%
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GLDG Short Interest Over Time

GLDG Days to Cover Over Time

GLDG Percentage of Float Shorted Over Time

GoldMining Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20241,810,000 shares $0.00 -12.1%1.0%2.4 $0.00
10/15/20242,060,000 shares $0.00 -7.2%1.1%3.1 $0.00
9/30/20242,220,000 shares $0.00 -10.1%1.2%3.6 $0.00
9/15/20242,470,000 shares $0.00 +26.0%1.4%4.4 $0.00
8/31/20241,960,000 shares $0.00 -6.7%1.1%4.2 $0.00
8/15/20242,100,000 shares $0.00 No Change1.2%5 $0.00
7/31/20242,100,000 shares $1.84 million -11.0%1.2%4.9 $0.87
7/15/20242,360,000 shares $0.00 -10.9%1.3%5.7 $0.00
6/30/20242,650,000 shares $0.00 +0.4%1.5%6.1 $0.00
6/15/20242,640,000 shares $0.00 +0.8%1.5%5.3 $0.00
5/31/20242,620,000 shares $0.00 +2.3%1.5%5.2 $0.00
5/15/20242,560,000 shares $0.00 -4.1%1.5%5.8 $0.00
4/30/20242,670,000 shares $0.00 -1.1%1.5%6.2 $0.00
4/15/20242,700,000 shares $0.00 -2.2%1.5%6 $0.00
3/31/20242,760,000 shares $0.00 -1.8%1.6%6.3 $0.00
3/15/20242,810,000 shares $0.00 -4.8%1.6%7 $0.00
2/29/20242,950,000 shares $0.00 -3.0%1.7%6.6 $0.00
2/15/20243,040,000 shares $0.00 +2.0%1.8%6.3 $0.00
1/31/20242,980,000 shares $0.00 -2.9%1.7%5.3 $0.00
1/15/20243,070,000 shares $0.00 +0.3%1.8%5.2 $0.00
12/31/20233,060,000 shares $0.00 -1.3%1.8%5.2 $0.00
12/15/20233,100,000 shares $0.00 -0.3%1.8%5.6 $0.00
11/30/20233,110,000 shares $0.00 -5.2%1.8%6.2 $0.00
11/15/20233,280,000 shares $0.00 -5.8%2.0%8.1 $0.00
10/31/20233,480,000 shares $0.00 +2.4%2.1%10.5 $0.00
10/15/20233,400,000 shares $0.00 -2.0%2.0%10.4 $0.00
9/30/20233,470,000 shares $0.00 No Change2.1%10.5 $0.00
9/15/20233,470,000 shares $2.85 million +1.8%2.1%9.3 $0.82

GLDG Short Interest - Frequently Asked Questions

What is GoldMining's current short interest?

Short interest is the volume of GoldMining shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 1,810,000 shares of GLDG short. 0.99% of GoldMining's shares are currently sold short. Learn More on GoldMining's current short interest.

What is a good short interest ratio for GoldMining?

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. GLDG shares currently have a short interest ratio of 2.0. Learn More on GoldMining's short interest ratio.

What is a good short interest percentage for GoldMining?

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 GoldMining's floating shares are currently sold short.

Is GoldMining's short interest increasing or decreasing?

GoldMining saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 1,810,000 shares, a drop of 12.1% from the previous total of 2,060,000 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 GoldMining's float size?

GoldMining currently has issued a total of 194,680,000 shares. Some of GoldMining'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. GoldMining currently has a public float of 182,000,000 shares.

How does GoldMining's short interest compare to its competitors?

0.99% of GoldMining's shares are currently sold short. Here is how the short interest of companies in the industry of "precious metals" compare to GoldMining: Perpetua Resources Corp. (1.99%), Ur-Energy Inc. (4.30%), Entrée Resources Ltd. (0.00%), Northern Dynasty Minerals Ltd. (1.05%), Contango Ore, Inc. (6.20%), Idaho Strategic Resources, Inc. (4.56%), i-80 Gold Corp. (8.77%), Integra Resources Corp. (2.14%), Osisko Development Corp. (1.76%), Caledonia Mining Co. Plc (1.33%),

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 GoldMining stock?

Short selling GLDG is an investing strategy that aims to generate trading profit from GoldMining as its price is falling. GLDG shares are trading down $0.02 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 GoldMining?

A short squeeze for GoldMining 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 GLDG, which in turn drives the price of the stock up even further.

How often is GoldMining'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 GLDG, twice per month. The most recent reporting period available is October, 31 2024.




This page (NYSEAMERICAN:GLDG) was last updated on 11/21/2024 by MarketBeat.com Staff
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