Short interest in Gerdau SA (NYSE:GGB) increased during the last reporting period, rising from 4.92M to 10.77M. This put 1.19% of the company's publicly available shares short.

Short interest for Gerdau gives investors a sense of the degree to which investors are betting on the decline of Gerdau's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 9.42M shares traded per day, it would take 1.14 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.