The Goldman Sachs Group, Inc. (NYSE:GS) Short Interest & Technical Update

Investors are looking at The Goldman Sachs Group, Inc. (NYSE:GS)’s short data, trying to figure out market sentiment on which way the market thinks the stock is moving. The firm has 1.36% of total shares float short, yielding a short ratio of 1.15.

Occasionally, investors may feel like they are riding on a wild roller coaster when dealing with the stock market. Controlling emotions when taking the ride may assist with making necessary decisions when the time comes. Many investors choose to do thorough research when purchasing any stock. Knowing what is owned and why it is owned may help ease the mind when things get sticky. When the market is riding high and there is generally smooth sailing on the investing seas, individual investors may have the tendency to get complacent. Being prepared for any situation may help ease the stress of big market decision making. There may be a time when it seems like everything is going off the rails, but having an actual game plan for management and recovery could make a huge difference both financially and psychologically.  

As most investors most likely have learned, there is no easy answer when deciding how to best take aim at the equity market, especially when faced with a volatile investing scenario. There are many different views when it comes to trading stocks. Investors may have to first come up with a plan in order to build a solid platform on which to compile a legitimate strategy. The vast amount of publically available data can seem overwhelming for novice investors. Making sense of the sea of information may do wonders for the health of the individual investor’s holdings.

They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin.  The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference. 

Shorting a stock can be very risky if the price doesn’t decline like planned and, in fact, increases.  It’s important for any investor to understand the dangers and potentially catastrophic financial losses of short selling.

RECENT PERFORMANCE AND RECOMMENDATION

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, The Goldman Sachs Group, Inc. (NYSE:GS)’s stock was 5.91%.  Over the last week of the month, it was 1.07%, -17.66% over the last quarter, and  -22.13% for the past six months. 

Over the past 50 days, The Goldman Sachs Group, Inc. stock’s -24.41% off of the high and 16.63% removed from the low.  Their 52-Week High and Low are noted here.  -35.73% away from the high and 16.63% from the low. 

The consensus analysts recommendation at this point stands at 2.40 on The Goldman Sachs Group, Inc. (NYSE:GS). 

This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The same analysts are predicting that the company shares will trade to $231.35 within the next 12-18 months. 

Even for seasoned investors, it can be natural to become wary when certain stocks are tanking in the stock portfolio. The knee jerk reaction can be to immediately change up the portfolio mix to help rectify the situation. Sometimes changes may need to be made, but often times, resisting the urge to make changes based on temporary downturns may prove to help the longer-term health of the stock portfolio. Investors may find themselves in the same predicament when markets are heading higher and every stock seems to be a winner. The impulse might be to double down and buy even more shares of a name that has been over performing recently. Once again, sometimes this may work out, but there will also be times when stocks have finished the run and adding to the position may end up nullifying previous gains if momentum swings back the other way.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples.

They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.