Short Interest in GoPro Drops by 15.1%

Shares of the action camera maker saw a significant decline in short interest last month.

Apr. 17, 2026 at 11:06pm

A highly detailed, black-and-white close-up image of the inner workings of a high-tech camera, representing the complex financial infrastructure and institutional investment in GoPro's technology.An extreme close-up of GoPro's camera components reflects the complex financial landscape surrounding the action camera maker as short interest declines.San Mateo Today

GoPro, Inc. (NASDAQ:GPRO) saw a 15.1% decrease in short interest during March, with the number of shares sold short dropping from 21.5 million to 18.3 million. This represents 13.6% of the company's total shares outstanding and a short interest ratio of 5.5 days based on the stock's average daily trading volume.

Why it matters

The decline in short interest could signal that some investors are becoming more bullish on GoPro's prospects, though the stock remains heavily shorted overall. Short interest is often seen as a proxy for investor sentiment, with a drop indicating that fewer traders are betting against the company.

The details

GoPro's short interest fell from 21,528,167 shares as of March 15 to 18,277,361 shares as of March 31. The company's stock price has been volatile in recent months, trading between $0.48 and $3.05 over the past 52 weeks. GoPro reported a loss in its most recent quarter, but the company has set guidance for a narrower loss in the current quarter.

  • As of March 31, 2026, GoPro had 18,277,361 shares sold short.
  • This represents a 15.1% decrease from the 21,528,167 shares sold short as of March 15, 2026.

The players

GoPro, Inc.

An American technology company that designs and manufactures compact, high-definition cameras and related accessories, primarily for use in extreme sports, travel and professional video production.

Nicholas Woodman

The founder and CEO of GoPro, who launched the company in 2002.

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What’s next

Investors will be watching to see if GoPro can meet its Q1 2026 earnings guidance and whether the decline in short interest continues in the coming months.

The takeaway

The drop in short interest for GoPro could indicate that some traders are becoming more optimistic about the company's turnaround efforts, though the stock remains heavily shorted overall. The next key milestone will be GoPro's Q1 2026 earnings report to see if it can deliver on its guidance.