GameStop Short Squeeze is recently a very hot topic in the USA, and refers to the short squeeze of the stock of the American video-game retailer GameStop and other securities that took place on various stock exchanges, causing major financial consequences for certain hedge funds. It has been reported in many news outlets, including CNBC, BBC, and Reuters.
There are a few free sites to check out the GameStop current short interest, or the GameStop short interest today. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A related concept, short interest ratio, represents the number of days it takes short sellers on average to cover their positions, that is repurchase all of the borrowed shares.
GameStop Short Interest Data
- One of the sites to check out the current GameStop Short interest is:
https://isthesqueezesquoze.com/. It uses data from Ortex or S3Shortsight.
- Another site is the Twitter Page of S3 Partners, which is a FinTech company. They often publish the statistics for GameStop (GME) short interest on a daily basis.
- A third source is Ihor Dusaniwsky’s Twitter Page. Ihor is the Managing Director of Predictive Analytics at S3 Partners. He posts GameStop Short Interest information on a regular basis, including some explanations to beginners.
Note that there are two ways to calculate short interest (SI):
- SI = shares shorted / (float). This value can exceed 100%.
- SI = shares shorted / (float + shares shorted). This includes the “synthetic longs” created by short selling, and will be a value between 0% to 100%.
GameStop Short Squeeze
Do also check out the Twitter Page of Michael Burry, where he posts information about GameStop Short Squeeze, GameStop Gamma Squeeze and more. Michael Burry is a famous investor and inspired the main character in the movie “The Big Short”.