Negative sentiment towards GLDD reflected in surge in short interest

Samantha Gray

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Great Lakes Dredge & Dock Corporation shares valued at $29,308 were sold by JOHANSON DAVID on Dec 10 ’25. At $13.96 per share, JOHANSON DAVID sold 2,100 shares. The insider’s holdings dropped to 91,963 shares worth approximately $1.42 million following the completion of this transaction.

Also, JOHANSON DAVID purchased 2,100 shares, netting a total of over 29,309 in proceeds.

Before that, JOHANSON DAVID had sold 10,000 shares from its account. In a trade valued at $130,155, the SVP-Project Acquisition & Ops traded Great Lakes Dredge & Dock Corporation shares for $13.02 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $1.45 million.

As published in a research note from Imperial Capital on August 08, 2016, Great Lakes Dredge & Dock Corporation [GLDD] has been rated down from an Outperform to an In-line and the price target has been revised to $4 from $5.50. Analysts at DA Davidson resumed the stock at ‘”a Neutral”‘ outlook in a report released in early August. As of February 24, 2016, Imperial Capital has reiterated its “an Outperform” rating for GLDD. Earlier on November 04, 2015, Imperial Capital resumed its rating. Their recommendation was “an Outperform” for GLDD stock.

Analyzing GLDD Stock Performance

On last trading session, Great Lakes Dredge & Dock Corporation [NASDAQ: GLDD] rose 12.70% to $15.44. The stock’s lowest price that day was $13.655, but it reached a high of $15.83 in the same session. During the last five days, there has been a surge of approximately 17.86%. Over the course of the year, Great Lakes Dredge & Dock Corporation shares have jumped approximately 32.31%.

Support And Resistance Levels for Great Lakes Dredge & Dock Corporation (GLDD)

RSI (Relative Strength Index) is 76.97 on the 14-day chart, showing overbought technical sentiment.

Is Great Lakes Dredge & Dock Corporation subject to short interest?

Stocks of Great Lakes Dredge & Dock Corporation saw a sharp rise in short interest on 2025-12-31 jumping by 0.1 million shares to 1.6 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 1.5 million shares. A jump of 6.48% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.79 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.79.

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