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AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)

DraftKings (DKNG) Short Interest Ratio & Short Volume

$44.87
+1.34 (+3.08%)
(As of 03/4/2024 ET)

DraftKings Short Interest Data

Current Short Volume
19,690,000 shares
Previous Short Volume
19,810,000 shares
Change Vs. Previous Month
-0.61%
Dollar Volume Sold Short
$875.42 million
Short Interest Ratio / Days to Cover
1.6
Last Record Date
February 15, 2024
Outstanding Shares
866,630,000 shares
Percentage of Shares Shorted
2.27%
Today's Trading Volume
13,632,118 shares
Average Trading Volume
12,958,354 shares
Today's Volume Vs. Average
105%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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DKNG Short Interest Over Time

DKNG Days to Cover Over Time

DKNG Percentage of Float Shorted Over Time


DraftKings Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/15/202419,690,000 shares $875.42 million -0.6%N/A1.6 $44.46
1/31/202419,810,000 shares $773.58 million -21.9%N/A1.6 $39.05
1/15/202425,370,000 shares $835.94 million -15.7%N/A1.9 $32.95
12/31/202330,080,000 shares $1.06 billion +13.2%N/A2.4 $35.25
12/15/202326,570,000 shares $939.25 million +6.6%N/A2.1 $35.35
11/30/202324,920,000 shares $952.94 million -9.7%N/A2 $38.24
11/15/202327,610,000 shares $1.01 billion +14.3%N/A2.2 $36.62
10/31/202324,150,000 shares $667.02 million +1.5%N/A2 $27.62
10/15/202323,790,000 shares $679.20 million +0.3%N/A2.1 $28.55
9/30/202323,720,000 shares $698.32 million -10.6%N/A2 $29.44
9/15/202326,520,000 shares $823.18 million +9.3%N/A2.3 $31.04
8/31/202324,270,000 shares $719.61 million -4.6%N/A2.1 $29.65
8/15/202325,440,000 shares $720.72 million +5.6%N/A2.2 $28.33
7/31/202324,100,000 shares $765.90 million +3.4%N/A2 $31.78
7/15/202323,310,000 shares $712.12 million -1.9%N/A2 $30.55
6/30/202323,770,000 shares $631.57 million -3.1%N/A2 $26.57
6/15/202324,540,000 shares $609.33 million -4.0%N/A2.1 $24.83
5/31/202325,560,000 shares $596.57 million -15.5%N/A2.2 $23.34
5/15/202330,230,000 shares $710.10 million -1.9%N/A2.5 $23.49
4/30/202330,810,000 shares $675.05 million +2.6%7.7%2.3 $21.91
4/15/202330,040,000 shares $575.57 million -1.6%7.9%2.3 $19.16
3/31/202330,520,000 shares $590.87 million -3.9%8.1%2.3 $19.36
3/15/202331,750,000 shares $571.18 million -9.2%8.4%2.4 $17.99
2/28/202334,950,000 shares $659.16 million +12.2%9.2%2.6 $18.86
2/15/202331,160,000 shares $554.02 million -7.5%8.2%2.2 $17.78
1/31/202333,680,000 shares $504.86 million -7.1%8.9%2.2 $14.99
1/15/202336,250,000 shares $511.49 million +17.2%9.6%2.3 $14.11
12/30/202230,920,000 shares $352.18 million +0.2%8.2%1.7 $11.39
12/15/202230,860,000 shares $389.76 million -3.7%8.1%1.6 $12.63
11/30/202232,050,000 shares $491.01 million -7.9%8.4%1.6 $15.32
11/15/202234,780,000 shares $536.31 million +1.0%9.2%1.6 $15.42
10/31/202234,430,000 shares $543.99 million -9.8%9.1%1.6 $15.80
10/15/202238,150,000 shares $476.11 million -2.5%10.1%1.8 $12.48
9/30/202239,120,000 shares $592.28 million -7.5%10.3%1.9 $15.14
9/15/202242,290,000 shares $812.81 million +2.3%11.1%2.2 $19.22
8/31/202241,360,000 shares $664.24 million +3.8%10.9%2.1 $16.06
8/15/202239,850,000 shares $828.88 million +1.4%10.5%1.9 $20.80
7/31/202239,320,000 shares $539.86 million -2.0%10.2%1.8 $13.73
7/15/202240,100,000 shares $515.69 million +4.7%10.4%1.8 $12.86
6/30/202238,310,000 shares $447.08 million -8.1%10.0%1.7 $11.67













DKNG Short Interest - Frequently Asked Questions

What is DraftKings' current short interest?

Short interest is the volume of DraftKings shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 19,690,000 shares of DKNG short. Learn More on DraftKings' current short interest.

What is a good short interest ratio for DraftKings?

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. DKNG shares currently have a short interest ratio of 2.0. Learn More on DraftKings's short interest ratio.

Which institutional investors are shorting DraftKings?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of DraftKings: Goldman Sachs Group Inc., GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., HAP Trading LLC, Citadel Advisors LLC, Royal Bank of Canada, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Verition Fund Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Goldman Sachs Group Inc., IMC Chicago LLC, Wells Fargo & Company MN, Concourse Financial Group Securities Inc., TCG Advisory Services LLC, XR Securities LLC, Wolverine Asset Management LLC, Cutler Group LLC CA, Hudson Bay Capital Management LP, and Citigroup Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is DraftKings' short interest increasing or decreasing?

DraftKings saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 19,690,000 shares, a decline of 0.6% from the previous total of 19,810,000 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.

How does DraftKings' short interest compare to its competitors?

Here is how the short interest of companies compare to DraftKings: Electronic Arts Inc. (1.81%), Las Vegas Sands Corp. (1.72%), Royal Caribbean Cruises Ltd. (6.41%), Charter Communications, Inc. (9.06%), Trip.com Group Limited (1.69%), Take-Two Interactive Software, Inc. (4.61%), Rogers Communications Inc. (1.57%), Roblox Co. (3.79%), Live Nation Entertainment, Inc. (8.88%), On Holding AG (17.68%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short DraftKings stock?

Short selling DKNG is an investing strategy that aims to generate trading profit from DraftKings as its price is falling. DKNG shares are trading up $1.33 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 DraftKings?

A short squeeze for DraftKings 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 DKNG, which in turn drives the price of the stock up even further.

How often is DraftKings' 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 DKNG, twice per month. The most recent reporting period available is February, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:DKNG) was last updated on 3/4/2024 by MarketBeat.com Staff