Short interest in GigaMedia Ltd (NASDAQ:GIGM) increased during the last reporting period, rising from 13.48K to 27.09K. This put 0.35% of the company's publicly available shares short.

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

Based on the recent average volume of 14.98K shares traded per day, it would take 1.81 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.