Given the 16.69% short float and 10.36 days to cover as of August 6, 2025, what is the current short squeeze potential for GME?

Based on the Fintel data as of August 6, 2025, GameStop (US:GME) exhibits a noteworthy short interest profile that could contribute to short squeeze potential.

Here's a breakdown of the key metrics:

• Short Interest % Float: At 16.69%, the percentage of GME's float held short is moderately high. While not among the absolute highest, it indicates a significant portion of shares are subject to short selling pressure.
• Days to Cover: The 10.36 days to cover figure is considered high. This metric suggests that it would take approximately 10 trading days for all short sellers to cover their positions, assuming average daily trading volume. A higher number of days to cover can amplify price volatility during a short-covering event, as demand to buy shares outstrips immediate supply.
• Cost to Borrow: The borrow rate for GME is listed at 0.46%. A relatively low cost to borrow typically reduces the financial pressure on short sellers to close their positions quickly. Higher borrow rates can act as a more immediate catalyst for short covering.
• Short Shares Available: There are approximately 5.90 million shares available to short. This number, in conjunction with the total short interest of 68.17 million shares, indicates that while there are still shares to borrow, a substantial amount of the float is already committed to short positions.

While the short interest and days to cover suggest a foundation for potential volatility, the low borrow rate might indicate less immediate pressure for a squeeze compared to situations where borrowing costs are prohibitive. Investors tracking GME for short squeeze potential often monitor these metrics closely, alongside other factors like institutional ownership changes and options market activity, which can signal increasing pressure on short sellers.