Short interest in Gates Industrial Corp PLC (NYSE:GTES) increased during the last reporting period, rising from 8.81M to 11.26M. This put 6.24% of the company's publicly available shares short.

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

Based on the recent average volume of 3.87M shares traded per day, it would take 2.91 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.