Short interest in Globalstar Inc (AMEX:GSAT) decreased during the last reporting period, falling from 25.38M to 24.85M. This put 3.29% of the company's publicly available shares short.
Short interest for Globalstar gives investors a sense of the degree to which investors are betting on the decline of Globalstar's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 3.99M shares traded per day, it would take 6.23 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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