Diamond Hill Investment Group Short Interest Ratio and Short Volume

-1.48 (-0.91 %)
(As of 04/19/2021 12:00 AM ET)
Today's Range
Now: $161.02
50-Day Range
MA: $161.56
52-Week Range
Now: $161.02
Volume3,736 shs
Average Volume13,773 shs
Market Capitalization$508.82 million
P/E Ratio13.94
Dividend Yield2.46%

Short Interest

Diamond Hill Investment Group (NASDAQ:DHIL) Short Interest Data

Current Short Volume46,400 shares
Previous Short Volume52,300 shares
Change Vs. Previous Month:-11.28%
Dollar Volume Sold Short$7.65 million
Short Interest Ratio / Days to Cover3.2
Last Record DateMarch, 31 2021
Outstanding Shares3,160,000 shares
Float Size3,050,000 shares
Short Percent of Float1.52%
Today's Trading Volume3,736 shares
Average Trading Volume13,773 shares
Today's Volume Vs. Average-72.87%

Short Interest Over Time

Diamond Hill Investment Group (NASDAQ:DHIL) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202146,400 shares $7.65 million -11.3%1.5%3.2 $164.93
3/15/202152,300 shares $8.46 million -0.8%1.7%3.3 $161.75
2/26/202152,700 shares $8.93 million +0.6%1.8%3.2 $169.40
2/12/202152,400 shares $7.43 million -1.5%1.7%3.3 $141.85
1/29/202153,200 shares $7.56 million -1.9%1.8%3.2 $142.12
1/15/202154,200 shares $7.94 million No Change1.8%3.2 $146.43
1/31/202090,700 shares $12.87 million +19.8%2.9%4.6 $141.91
1/15/202090,700 shares $12.84 million +19.8%2.9%4.6 $141.60
12/31/201975,700 shares $10.63 million +1.5%2.4%4 $140.40
8/15/201993,900 shares $12.45 million -4.4%2.9%5 $132.63

Diamond Hill Investment Group (NASDAQ:DHIL) Short Interest FAQ

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What is Diamond Hill Investment Group's current short interest?

Short interest is the volume of Diamond Hill Investment Group shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 46,400 shares of DHIL short. 1.52% of Diamond Hill Investment Group's shares are currently sold short. View details.

What is a good short interest ratio for Diamond Hill Investment 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. Diamond Hill Investment Group currently has a short interest ratio of 3.0.

What is a good short interest percentage for Diamond Hill Investment 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. 1.52% of Diamond Hill Investment Group's floating shares are currently sold short.

Is Diamond Hill Investment Group's short interest increasing or decreasing?

Diamond Hill Investment Group saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 46,400 shares, a drop of 11.3% from the previous total of 52,300 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 Diamond Hill Investment Group's float size?

Diamond Hill Investment Group currently has issued a total of 3,160,000 shares. Some of Diamond Hill Investment 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. Diamond Hill Investment Group currently has a public float of 3,050,000 shares.

How does Diamond Hill Investment Group's short interest compare to its competitors?

1.52% of Diamond Hill Investment Group's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "asset management & custody banks" compare to Diamond Hill Investment Group: BlackRock, Inc. (1.46%), The Bank of New York Mellon Co. (0.98%), T. Rowe Price Group, Inc. (2.00%), Ameriprise Financial, Inc. (2.01%), State Street Co. (1.89%), Northern Trust Co. (1.43%), Franklin Resources, Inc. (6.62%), Invesco Ltd. (3.06%), SEI Investments (1.00%), and Ares Capital Co. (0.00%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Diamond Hill Investment Group stock?

Short selling DHIL is an investing strategy that aims to generate trading profit from Diamond Hill Investment Group as its price is falling. Diamond Hill Investment Group's stock is trading down $1.48 today. To short Diamond Hill Investment 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 Diamond Hill Investment 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 Diamond Hill Investment Group?

A short squeeze for Diamond Hill Investment 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 DHIL, which in turn drives the price of the stock up even further.

How often is Diamond Hill Investment 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 DHIL, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/19/2021 by Staff
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