Crypto 1 Acquisition (DAOOU) Short Interest Ratio & Short Volume

Short interest is the volume of Crypto 1 Acquisition shares that have been sold short but have not yet been covered or closed out. As of June 15th, traders have sold 100 shares of DAOOU short. Learn More on Crypto 1 Acquisition's current short interest.

Crypto 1 Acquisition saw a decrease in short interest in June. As of June 15th, there was short interest totaling 100 shares, a decrease of 75.0% from the previous total of 400 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.

Here is how the short interest of companies in the sector of "finance" compare to Crypto 1 Acquisition: AGM Group Holdings Inc. (0.05%), American Realty Investors, Inc. (1.37%), Bain Capital Specialty Finance, Inc. (0.19%), Banco Macro S.A. (1.52%), Bancolombia S.A. (0.28%), BlackRock TCP Capital Corp. (1.44%), Burford Capital Limited (0.58%), Grupo Financiero Galicia S.A. (2.52%), Intercorp Financial Services Inc. (0.47%), Itaú Unibanco Holding S.A. (0.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.58 billion), Occidental Petroleum Co. ($3.23 billion), Lucid Group, Inc. ($2.31 billion), Coinbase Global, Inc. ($1.73 billion), Snowflake Inc. ($1.71 billion), Chesapeake Energy Co. ($1.66 billion), Rivian Automotive, Inc. ($1.63 billion), Williams-Sonoma, Inc. ($1.51 billion), Lumen Technologies, Inc. ($1.40 billion), and Diamondback Energy, Inc. ($1.37 billion). View all of the most shorted stocks.

Short selling DAOOU is an investing strategy that aims to generate trading profit from Crypto 1 Acquisition as its price is falling. DAOOU shares are trading down $0.07 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.

A short squeeze for Crypto 1 Acquisition 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 DAOOU, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DAOOU, twice per month. The most recent reporting period available is June, 15 2022.