15.5% increase in GCM Grosvenor Inc.'s short interest in July, reaching 3,050,000 shares.

GCM Grosvenor Inc. (NASDAQ: GCMG) experienced a 15.5% increase in short interest in July, reaching 3,050,000 shares. The short-interest ratio is currently 16.3 days, with 7.1% of the company's shares sold short. GCMG's stock remained flat at $10.89, and institutional investors like Wasatch Advisors LP and Millennium Management LLC have recently increased their stakes. GCM Grosvenor is a global asset management provider.

August 19, 2024
3 Articles