compiler warning: left shift of negative value

I think GCC is wrongfully producing a [-Wshift-negative-value] warning.

I have a function that should produce a suffix mask of a certain length provided by its single input argument:

#include <stdint.h>

uint16_t get_suffix_mask_sht(uint8_t shift) {
    return (~(~((uint16_t) 0) << shift));
}

I have tried to compile this function with the following compiler options on different versions of gcc

-Werror -Wextra

This warning also occurs if I change the output from uint16_t to uint8_t. Bigger output types, i.e. uint32_t don't produce this warning.

I am using an older version of GCC: 7.4. But I have tried this out on godbolt using the latest GCC 9.x versions and they all produce the same warning. Clang versions however do not produce this error.