Short Interest in Gildan Activewear, Inc. (NYSE:GIL) Increases By 63.0%

08 Sep 2025, 16:16 by Michael Walen · The Markets Daily

Gildan Activewear, Inc. (NYSE:GIL – Get Free Report) (TSE:GIL) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totaling 3,260,000 shares, agrowthof63.0% from the July 31st total of 2,000,000 shares. Currently,2.2% of the company’s shares are short sold. Based on an average daily trading volume, of 892,000 shares, the short-interest ratio is presently 3.7 days. Based on an average daily trading volume, of 892,000 shares, the short-interest ratio is presently 3.7 days. Currently,2.2% of the company’s shares are short sold.

Gildan Activewear Stock Performance

Shares of NYSE GIL traded down $0.21 during trading hours on Monday, reaching $55.30. The stock had a trading volume of 277,667 shares, compared to its average volume of 777,453. The firm has a market cap of $8.25 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.78 and a beta of 1.17. The company has a current ratio of 3.87, a quick ratio of 1.67 and a debt-to-equity ratio of 1.37. Gildan Activewear has a fifty-two week low of $37.16 and a fifty-two week high of $57.76. The firm has a 50-day moving average of $52.66 and a 200-day moving average of $48.70.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last released its quarterly earnings data on Thursday, July 31st. The textile maker reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.01. Gildan Activewear had a return on equity of 34.31% and a net margin of 14.55%.The firm had revenue of $918.50 million during the quarter, compared to the consensus estimate of $908.41 million. During the same period last year, the business posted $0.74 EPS. Gildan Activewear’s quarterly revenue was up 6.5% on a year-over-year basis. Gildan Activewear has set its FY 2025 guidance at 3.400-3.560 EPS. Equities research analysts predict that Gildan Activewear will post 3.48 earnings per share for the current year.

Gildan Activewear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Thursday, August 21st will be given a $0.226 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 21st. Gildan Activewear’s dividend payout ratio (DPR) is 28.57%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Maseco LLP purchased a new position in Gildan Activewear in the second quarter valued at about $26,000. Smartleaf Asset Management LLC increased its position in shares of Gildan Activewear by 161.8% during the second quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after acquiring an additional 343 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in shares of Gildan Activewear during the first quarter worth about $29,000. Twin Tree Management LP purchased a new stake in shares of Gildan Activewear during the first quarter worth about $29,000. Finally, Versant Capital Management Inc increased its holdings in Gildan Activewear by 510.7% in the first quarter. Versant Capital Management Inc now owns 745 shares of the textile maker’s stock valued at $33,000 after buying an additional 623 shares during the last quarter. 82.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Stifel Nicolaus lifted their target price on Gildan Activewear from $65.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. Citigroup set a $60.00 price objective on Gildan Activewear and gave the company a “buy” rating in a report on Thursday, August 14th. Royal Bank Of Canada boosted their price objective on Gildan Activewear from $61.00 to $68.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Canaccord Genuity Group boosted their price objective on Gildan Activewear from $60.00 to $67.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Finally, UBS Group boosted their price objective on Gildan Activewear from $56.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.58.

Read Our Latest Analysis on GIL

Gildan Activewear Company Profile

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