GameStop Corp. GME shares are trading lower by 5.55% to $3.91 going into Wednesday’s close amid continued volatility in high-short interest stocks and recent short squeeze volatility. The stock is pulling back Wednesday potentially amid profit-taking and in sympathy with other high-short interest stocks.
According to data from Benzinga Pro, GME stock has a total share float of 267.644 million, of which 58.410 million shares are sold short, representing 21.82% of shares sold short.
GameStop stock last week saw marked volatility amid a short squeeze in Bed Bath & Beyond shares.
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GME has a 52-week high of $49.85 and a 52-week low of $15.41.