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View allAll announcementsGalaxy Resources (GXY) Short Interest Summary
Galaxy Resources (GXY) currently has 12.47% of its shares sold short (50.8 million shares), based on ASIC short position data reported on 19 February 2018 (T+4 reporting lag). That makes GXY the #7 most shorted stock on the ASX most shorted list.
GXY Short Selling: Frequently Asked Questions
What is Galaxy Resources (GXY)'s current short interest?
Galaxy Resources (GXY) currently has a short interest of 12.47% of total shares outstanding. This means 12.47% of GXY's shares have been sold short by investors who expect the price to decline. This data is sourced from ASIC reports and updated daily.
Is GXY heavily shorted on the ASX?
Yes. With 12.47% of its shares sold short, GXY is considered heavily shorted: short interest above 10% is generally regarded as high. GXY is currently ranked #7 among the most shorted stocks on the ASX.
What does short interest mean for GXY investors?
Short interest in GXY shows the percentage of shares investors have borrowed and sold, betting the price will fall. At 12.47%, GXY's high short interest could signal strong bearish sentiment, or potential for a short squeeze if the price rises. See our short squeeze candidates and days to cover analysis for more context.
Where does this GXY short data come from?
Short position data is published by ASIC with a four trading day delay (T+4) and covers reported short positions as a percentage of total shares on issue. ASX Short Data also tracks daily gross short sales (T+1), securities lending, and director trades for GXY.