The current short interest in GameStop (GME) is 44.7 million shares, which represents 12.7% of the float1. This indicates that a significant portion of the available shares are currently sold short, which could potentially lead to a short squeeze if the stock price were to rise sharply. However, it's important to note that short interest alone does not necessarily indicate a short squeeze is imminent, and other factors such as market sentiment and liquidity must also be considered.