Donegal Group Short Interest Ratio and Short Volume

0.00 (0.00 %)
(As of 05/6/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume9 shs
Average Volume910 shs
Market Capitalization$450.41 million
P/E Ratio8.96
Dividend Yield3.53%

Short Interest

Donegal Group (NASDAQ:DGICB) Short Interest Data

Current Short Volume1,800 shares
Previous Short Volume600 shares
Change Vs. Previous Month+200.00%
Dollar Volume Sold Short$26,639.82
Short Interest Ratio / Days to Cover3.0
Last Record DateApril, 15 2021
Outstanding Shares30,276,000 shares
Float Size734,300 shares
Short Percent of Float0.25%
Today's Trading Volume9 shares
Average Trading Volume910 shares
Today's Volume Vs. Average-99.01%

Short Interest Over Time

Donegal Group (NASDAQ:DGICB) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,800 shares $26,639.82 +200.0%0.3%3$14.80
3/31/2021600 shares $8,154.00 No Change0.1%1.2$13.59
3/15/2021600 shares $8,154.00 -14.3%0.1%1.2$13.59
2/26/2021700 shares $8,918.00 No Change0.1%1.4$12.74
2/12/2021700 shares $8,750.00 +600.0%0.1%1.4$12.50
1/29/2021100 shares $1,201.66 No Change0.0%0.3$12.02
1/15/2021100 shares $1,257.47 -50.0%0.0%0.3$12.57
12/31/2020200 shares $2,434.00 No Change0.0%0.7$12.17
12/15/2020200 shares $2,660.00 -66.7%0.0%1$13.30
11/30/2020600 shares $7,663.86 +100.0%0.1%3$12.77
11/15/2020300 shares $3,765.90 -25.0%0.0%1.5$12.55
10/30/2020400 shares $4,800.00 -33.3%0.1%4$12.00
10/15/2020600 shares $7,200.00 No Change0.1%2$12.00
9/30/2020600 shares $7,260.00 -33.3%0.1%1.5$12.10
9/15/2020900 shares $11,025.00 +200.0%0.1%2.3$12.25
8/31/2020300 shares $3,720.00 No Change0.0%0.8$12.40
8/14/2020300 shares $3,600.00 +200.0%0.0%0.8$12.00
7/31/2020100 shares $1,193.00 No Change0.0%0.3$11.93
7/15/2020100 shares $1,229.00 No Change0.0%0.2$12.29
6/30/2020100 shares $1,130.00 -85.7%0.0%0.3$11.30
6/15/2020700 shares $8,365.00 No Change0.1%1.4$11.95
5/29/2020700 shares $9,023.00 -22.2%0.1%1.4$12.89
5/15/2020900 shares $10,350.00 -43.8%0.1%1.8$11.50
4/30/20201,600 shares $21,600.00 +220.0%0.2%3.2$13.50
4/15/2020500 shares $6,900.00 +66.7%0.1%1.3$13.80

Donegal Group (NASDAQ:DGICB) Short Interest FAQ

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What is Donegal Group's current short interest?

Short interest is the volume of Donegal Group shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 1,800 shares of DGICB short. 0.25% of Donegal Group's shares are currently sold short. View details.

What is a good short interest ratio for Donegal 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. Donegal Group currently has a short interest ratio of 3.0.

What is a good short interest percentage for Donegal 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. 0.25% of Donegal Group's floating shares are currently sold short.

Is Donegal Group's short interest increasing or decreasing?

Donegal Group saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,800 shares, an increase of 200.0% from the previous total of 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 Donegal Group's float size?

Donegal Group currently has issued a total of 30,276,000 shares. Some of Donegal 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. Donegal Group currently has a public float of 734,300 shares.

How does Donegal Group's short interest compare to its competitors?

0.25% of Donegal Group's shares are currently sold short. Here is how the short interest of companies in the industry of "fire, marine, & casualty insurance" compare to Donegal Group: Palomar Holdings, Inc. (0.00%), Horace Mann Educators Co. (0.00%), ProAssurance Co. (2.14%), Safety Insurance Group, Inc. (1.06%), AMERISAFE, Inc. (1.15%), Employers Holdings, Inc. (2.21%), James River Group Holdings, Ltd. (1.32%), BlackRock TCP Capital Corp. (0.77%), State Auto Financial Co. (0.83%), and United Fire Group, Inc. (1.50%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Donegal Group stock?

Short selling DGICB is an investing strategy that aims to generate trading profit from Donegal Group as its price is falling. To short Donegal Group 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 Donegal Group 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 Donegal Group?

A short squeeze for Donegal Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of DGICB, which in turn drives the price of the stock up even further.

How often is Donegal 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 DGICB, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/7/2021 by Staff
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