The Descartes Systems Group (DSGX) Short Interest Ratio & Short Volume → Nvidia’s Quiet $1 Trillion Pivot (From Weiss Ratings) (Ad) Free DSGX Stock Alerts $99.26 -0.97 (-0.97%) (As of 02:44 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends The Descartes Systems Group Short Interest DataCurrent Short Interest499,900 sharesPrevious Short Interest621,200 sharesChange Vs. Previous Month-19.53%Dollar Volume Sold Short$48.78 millionShort Interest Ratio2.7 Days to CoverLast Record DateMay 15, 2024Outstanding Shares85,259,000 sharesFloat Size85,060,000 sharesShort Percent of Float0.59%Today's Trading Volume109,326 sharesAverage Trading Volume165,968 sharesToday's Volume Vs. Average66% Short Selling The Descartes Systems Group ? Sign up to receive the latest short interest report for The Descartes Systems Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartDSGX Short Interest Over TimeDSGX Days to Cover Over TimeDSGX Percentage of Float Shorted Over Time Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. The Descartes Systems Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 5/15/2024499,900 shares $48.78 million -19.5%0.6%2.7 $97.58 4/30/2024621,200 shares $57.64 million +34.9%0.7%3.5 $92.79 4/15/2024460,600 shares $40.23 million -8.4%0.5%2.7 $87.35 3/31/2024502,600 shares $46.00 million +13.0%0.6%3.5 $91.53 3/15/2024444,900 shares $41.06 million +31.2%0.5%3.1 $92.30 2/29/2024339,000 shares $29.38 million -9.2%0.4%2.1 $86.67 Get the Latest News and Ratings for DSGX and Related StocksEnter your email address below to receive the latest news and analysts' ratings for The Descartes Systems Group and its competitors with MarketBeat's FREE daily newsletter. 2/15/2024373,500 shares $32.68 million +5.5%0.4%2.2 $87.50 1/31/2024354,100 shares $31.02 million +3.8%0.4%2.1 $87.59 1/15/2024341,300 shares $28.91 million -0.1%0.4%2 $84.71 12/31/2023341,500 shares $28.71 million -2.6%N/A0 $84.06 12/15/2023350,700 shares $29.56 million -44.3%0.4%2.2 $84.29 11/30/2023629,300 shares $51.00 million -6.6%0.7%4 $81.04 11/15/2023674,000 shares $53.91 million +1.5%0.8%5.4 $79.99 10/31/2023663,800 shares $47.93 million +8.1%0.8%5.7 $72.21 10/15/2023613,900 shares $45.28 million -5.3%0.7%6 $73.75 9/30/2023648,200 shares $47.56 million +7.4%0.8%6.4 $73.38 9/15/2023603,500 shares $45.07 million +0.1%0.7%5.7 $74.68 8/31/2023603,100 shares $45.21 million +9.3%0.7%5.2 $74.96 8/15/2023551,700 shares $40.07 million -7.0%0.7%4.4 $72.63 7/31/2023593,100 shares $46.18 million -5.2%0.7%4.4 $77.87 7/15/2023625,500 shares $49.73 million +5.8%0.7%4.4 $79.51 6/30/2023591,200 shares $47.36 million +1.6%0.7%3.7 $80.11 6/15/2023582,000 shares $46.17 million -19.0%0.7%3.6 $79.33 5/31/2023718,500 shares $55.56 million +19.3%0.9%4.6 $77.33 5/15/2023602,100 shares $46.74 million No Change0.7%4 $77.62 10/31/2022681,100 shares $47.04 million +5.1%N/A3.9 $69.07 10/15/2022647,900 shares $42.19 million +36.8%N/A4.5 $65.12 9/30/2022473,500 shares $30.08 million +7.3%N/A3.6 $63.53 9/15/2022441,400 shares $30.44 million -0.7%N/A3.2 $68.96 8/31/2022444,400 shares $31.29 million -12.1%0.5%2.9 $70.40 8/15/2022505,700 shares $36.13 million -12.3%0.6%3.2 $71.45 7/31/2022576,500 shares $39.80 million +16.1%0.7%3.2 $69.04 7/15/2022496,500 shares $31.98 million +5.2%0.6%2.6 $64.42 6/30/2022471,900 shares $29.29 million -8.6%0.6%2.2 $62.06 6/15/2022516,500 shares $31.34 million +114.0%0.6%2.5 $60.68 5/31/2022241,400 shares $14.33 million -34.0%0.3%1.2 $59.35 5/15/2022366,000 shares $21.95 million +58.2%0.4%1.7 $59.96 4/30/2022231,400 shares $14.38 million +13.4%0.3%1.1 $62.15 4/15/2022204,100 shares $12.49 million -11.8%0.2%0.9 $61.19 3/31/2022231,500 shares $16.96 million -3.3%N/A0 $73.26Nvidia’s Quiet $1 Trillion Pivot (Ad)Nvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 3/15/2022239,400 shares $17.01 million -2.0%N/A1.2 $71.07 2/28/2022244,300 shares $17.41 million -12.6%0.3%1.2 $71.26 2/15/2022279,400 shares $20.09 million +7.3%0.3%1.4 $71.89 1/31/2022260,500 shares $18.96 million +50.7%0.3%1.5 $72.77 1/15/2022172,900 shares $12.17 million +4.4%N/A1.1 $70.38 12/31/2021165,700 shares $13.70 million -15.7%0.2%1.3 $82.68 12/15/2021196,600 shares $15.19 million -1.3%0.2%1.7 $77.26 11/30/2021199,200 shares $16.01 million -18.8%N/A0 $80.36 11/15/2021245,200 shares $21.64 million +12.6%0.3%2.7 $88.24 10/29/2021217,800 shares $17.81 million -21.3%0.3%2.5 $81.77 10/15/2021276,600 shares $23.04 million +9.3%0.3%3.5 $83.29 9/30/2021253,000 shares $20.56 million -0.9%0.3%3.4 $81.26 9/15/2021255,200 shares $21.31 million +49.4%0.3%3.5 $83.50 8/31/2021170,800 shares $13.39 million -19.8%0.2%2.7 $78.40 8/13/2021213,000 shares $15.62 million -1.3%0.3%3.1 $73.31 7/30/2021215,800 shares $15.68 million -22.4%0.3%2.7 $72.66 7/15/2021278,100 shares $19.15 million +5.1%0.3%3.3 $68.85 6/30/2021264,700 shares $18.31 million -40.7%0.3%3 $69.16 6/15/2021446,300 shares $30.00 million +33.7%0.5%5.1 $67.21 5/28/2021333,700 shares $19.50 million -16.8%0.4%3.7 $58.44 5/14/2021401,200 shares $23.13 million -1.4%0.5%4 $57.66 4/30/2021406,700 shares $26.81 million -13.6%0.5%4.2 $65.92 4/15/2021470,800 shares $30.98 million -3.5%0.6%4.9 $65.81 3/31/2021487,600 shares $28.91 million -17.9%0.6%4.4 $59.29 3/15/2021593,600 shares $36.78 million +78.7%0.7%5.3 $61.96 2/26/2021332,100 shares $19.30 million -27.5%0.4%2.8 $58.12 2/12/2021458,000 shares $29.33 million -11.2%0.5%4 $64.05 1/29/2021515,800 shares $31.93 million +40.4%0.6%4.5 $61.91 1/15/2021367,300 shares $21.66 million -13.2%0.4%3.2 $58.96 12/31/2020423,300 shares $24.61 million -2.2%0.5%4.1 $58.14 12/15/2020432,600 shares $24.47 million -14.7%0.5%3.9 $56.57 11/30/2020507,100 shares $29.43 million -2.1%0.6%4.1 $58.03 11/15/2020518,100 shares $28.96 million -6.2%0.6%3.9 $55.90 10/30/2020552,200 shares $29.18 million -3.2%0.7%4.2 $52.85 10/15/2020570,500 shares $31.91 million -14.2%0.7%4.1 $55.94 9/30/2020665,000 shares $37.89 million -28.9%0.8%4.3 $56.98 9/15/2020934,700 shares $50.40 million -5.7%1.1%5.9 $53.92 8/31/2020991,600 shares $60.44 million -4.7%1.2%5.9 $60.95 8/14/20201,040,000 shares $56.69 million +7.2%1.2%6.3 $54.51 7/31/2020970,200 shares $54.65 million -15.6%1.2%5.8 $56.33 7/15/20201,150,000 shares $59.59 million -16.7%1.4%6.2 $51.82 6/30/20201,380,000 shares $70.09 million -0.7%1.7%7.6 $50.79 6/15/20201,390,000 shares $69.11 million +11.2%1.7%7.2 $49.72 5/29/20201,250,000 shares $56.69 million -3.1%1.5%6.2 $45.35 5/15/20201,290,000 shares $55.72 million +0.8%1.5%6.6 $43.19 4/30/20201,280,000 shares $54.94 million +17.4%1.5%6.9 $42.92 4/15/20201,090,000 shares $41.42 million +2.8%1.3%6.8 $38.00 3/31/20201,060,000 shares $41.81 million -4.9%1.3%6.7 $39.44 3/13/20201,114,600 shares $41.14 million +67.9%1.3%5.8 $36.91 2/28/2020664,000 shares $19.36 million -8.2%0.8%5.8 $29.16Nvidia’s Quiet $1 Trillion Pivot (Ad)Nvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 2/14/2020723,100 shares $27.20 million -7.9%0.9%7.3 $37.61 1/31/2020784,900 shares $33.88 million +11.3%0.9%8.4 $43.17 1/15/2020705,100 shares $32.82 million +11.0%0.8%7.6 $46.55 12/31/2019635,100 shares $29.10 million -0.7%0.8%7 $45.82 DSGX Short Interest - Frequently Asked Questions What is The Descartes Systems Group's current short interest? Short interest is the volume of The Descartes Systems Group shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 621,200 shares of DSGX short. 0.73% of The Descartes Systems Group's shares are currently sold short. Learn More on The Descartes Systems Group's current short interest. What is a good short interest ratio for The Descartes Systems Group? The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. DSGX shares currently have a short interest ratio of 4.0. Learn More on The Descartes Systems Group's short interest ratio. Which institutional investors are shorting The Descartes Systems Group? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of The Descartes Systems Group: SIG North Trading ULC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for The Descartes Systems Group? Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.73% of The Descartes Systems Group's floating shares are currently sold short. Is The Descartes Systems Group's short interest increasing or decreasing? The Descartes Systems Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 621,200 shares, an increase of 34.9% from the previous total of 460,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment. What is The Descartes Systems Group's float size? The Descartes Systems Group currently has issued a total of 85,260,000 shares. Some of The Descartes Systems Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. The Descartes Systems Group currently has a public float of 85,060,000 shares. How does The Descartes Systems Group's short interest compare to its competitors? 0.73% of The Descartes Systems Group's shares are currently sold short. Here is how the short interest of companies in the industry of "prepackaged software" compare to The Descartes Systems Group: AppFolio, Inc. (3.34%), Unity Software Inc. (7.25%), Informatica Inc. (4.29%), Dropbox, Inc. (8.11%), GitLab Inc. (4.20%), Dayforce Inc (6.77%), Ceridian HCM Holding Inc. (5.41%), Paylocity Holding Co. (6.00%), Guidewire Software, Inc. (3.45%), Twilio Inc. (1.54%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks. What does it mean to sell short The Descartes Systems Group stock? Short selling DSGX is an investing strategy that aims to generate trading profit from The Descartes Systems Group as its price is falling. DSGX shares are trading up $1.22 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit. How does a short squeeze work against The Descartes Systems Group? A short squeeze for The Descartes Systems Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of DSGX, which in turn drives the price of the stock up even further. How often is The Descartes Systems Group's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DSGX, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: APPF Short Interest Data U Short Interest Data INFA Short Interest Data DBX Short Interest Data GTLB Short Interest Data DAY Short Interest Data CDAY Short Interest Data PCTY Short Interest Data GWRE Short Interest Data TWLO Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:DSGX) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesThe only AI company to buyPorter & CompanyThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock DigestWARNING about the death of the U.S. dollar…Colonial MetalsBiggest Prediction of My 50-Year Career on Wall StreetChaikin AnalyticsIs Artificial Intelligence the Biggest Bubble in History?InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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