Short Interest in GCT Semiconductor Holding, Inc. (NYSE:GCTS) Rises By 49.9%

Posted by Stanley Muller on Apr 14th, 2026

GCT Semiconductor Holding, Inc. (NYSE:GCTS – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 3,252,462 shares, a growth of 49.9% from the March 15th total of 2,169,417 shares. Approximately 4.7% of the shares of the company are short sold. Based on an average trading volume of 1,468,247 shares, the days-to-cover ratio is presently 2.2 days.

GCT Semiconductor Stock Performance

NYSE GCTS traded down $0.01 during mid-day trading on Tuesday, reaching $1.32. 652,920 shares of the stock were exchanged, compared to its average volume of 3,917,158. The business’s 50 day moving average is $1.21 and its 200-day moving average is $1.28. GCT Semiconductor has a 1 year low of $0.90 and a 1 year high of $2.47. The company has a market capitalization of $95.44 million, a P/E ratio of -1.64 and a beta of 1.17.

GCT Semiconductor (NYSE:GCTS – Get Free Report) last announced its quarterly earnings results on Wednesday, March 25th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.07. The firm had revenue of $0.76 million for the quarter, compared to analysts’ expectations of $0.96 million. Equities analysts predict that GCT Semiconductor will post -0.3 earnings per share for the current fiscal year.

Institutional Trading of GCT Semiconductor

A number of hedge funds have recently added to or reduced their stakes in GCTS. XTX Topco Ltd purchased a new stake in GCT Semiconductor during the fourth quarter worth $26,000. Engineers Gate Manager LP purchased a new stake in GCT Semiconductor during the second quarter worth $37,000. Blair William & Co. IL purchased a new stake in GCT Semiconductor during the third quarter worth $47,000. Bridgeway Capital Management LLC purchased a new position in GCT Semiconductor during the third quarter valued at $76,000. Finally, Goldman Sachs Group Inc. lifted its holdings in GCT Semiconductor by 57.5% during the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock valued at $115,000 after purchasing an additional 25,535 shares in the last quarter. 28.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.00 price objective on shares of GCT Semiconductor in a research note on Monday, March 30th. Two equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $3.50.

Read Our Latest Stock Analysis on GCT Semiconductor

About GCT Semiconductor

(Get Free Report)

GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro. It also develops and sells cellular IoT chipsets for low-speed mobile networks such as eMTC/NB-IOT/Sigfox, and other network protocols; and 5G solutions. Its products and solutions are used in smartphones, tablets, hotspots, CPEs, USB dongles, routers, and M2M applications.