DiamondPeak Short Interest Ratio and Short Volume

Short interest is the volume of DiamondPeak shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 3,990,000 shares of DPHC short. 0.00% of DiamondPeak's shares are currently sold short. View details.

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. DiamondPeak currently has a short interest ratio of 1.0.

DiamondPeak saw a increase in short interest in October. As of October 15th, there was short interest totaling 3,990,000 shares, an increase of 18.8% from the previous total of 3,360,000 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.

0.00% of DiamondPeak's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to DiamondPeak: Brooge Energy Limited (0.69%), Bain Capital Specialty Finance, Inc. (0.00%), Churchill Capital Corp II (0.10%), Apex Technology Acquisition Co. (0.58%), Silver Spike Acquisition Corp. (0.07%), Juniper Industrial Holdings, Inc. (0.05%), Thunder Bridge Acquisition II, Ltd. (0.01%), Tuscan Holdings Corp. (0.56%), Global Cord Blood Co. (0.64%), and Infrastructure and Energy Alternatives, Inc. (1.69%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.68 billion), Aon Plc ($3.70 billion), The Clorox Company ($2.93 billion), ViacomCBS Inc. ($2.88 billion), Analog Devices, Inc. ($2.75 billion), Snap Inc. ($2.72 billion), The Kroger Co. ($2.21 billion), Uber Technologies, Inc. ($1.94 billion), Moderna, Inc. ($1.93 billion), and Datadog, Inc. ($1.83 billion). View all of the most shorted stocks.

Short selling DPHC is an investing strategy that aims to generate trading profit from DiamondPeak as its price is falling. To short DiamondPeak 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 DiamondPeak 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 DiamondPeak 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 DPHC, 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 DPHC, twice per month. The most recent reporting period available is October, 15 2020.