Short interest in GPC jumped 44% over the past month to 4.5% of free float. Options traders pushed the put/call ratio to a 52-week high as the auto-parts distributor prepares to report Monday morning.
Short interest climbed to 6.27 million shares as of April 22, representing 4.5% of the free float. That marks a 44% increase over the past month and a near-3% gain in the last session alone. Days to cover stands at 2.5 based on the most recent FINRA data. Cost to borrow rose 34% week-over-week to 0.47%, while utilisation ticked up to 5.03% from 4.12% a month ago. The pattern shows steady accumulation of short positions through April, with a sharp acceleration following an early-month jump from 4.6 million to 6.4 million shares.
The put/call ratio hit 1.72 on April 23, a 52-week high and well above the 20-day average of 0.94. The z-score of 1.76 signals outsized bearish positioning. Traders have piled into puts over the past two weeks, with the PCR climbing from below 0.25 in late March to current levels. The shift coincides with the stock's 8.6% rally over the past month to $109.79, suggesting options traders are hedging gains or positioning for a reversal.
No recent analyst rating changes or target price updates are present in the data snapshot.
The company has recently announced multiple earnings dates, with the confirmed event set for April 27 at 2:00 PM UTC. Previous earnings were reported on April 21 and April 23, though historical price reactions are not included in the snapshot. The stock is down 1.7% over the past day and 1.3% over the week, but up 8.6% month-over-month.
No active ORTEX Alpha signals are currently flagged for Genuine Parts Company. The ORTEX short score stands at 38.99 out of 100, holding relatively steady over the past two weeks.
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