Direct Digital (DRCT) Short Interest Ratio & Short Volume → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free DRCT Stock Alerts $6.93 -0.24 (-3.35%) (As of 04/23/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Direct Digital Short Interest DataCurrent Short Volume287,800 sharesPrevious Short Volume244,900 sharesChange Vs. Previous Month+17.52%Dollar Volume Sold Short$4.39 millionShort Interest Ratio / Days to Cover1.1Last Record DateMarch 31, 2024Outstanding Shares14,270,000 sharesFloat Size2,540,000 sharesShort Percent of Float11.33%Today's Trading Volume64,664 sharesAverage Trading Volume239,420 sharesToday's Volume Vs. Average27% Short Selling Direct Digital ? 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Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatDRCT Short Interest Over TimeDRCT Days to Cover Over TimeDRCT Percentage of Float Shorted Over Time Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto for 2024 Direct Digital Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/2024287,800 shares $4.39 million +17.5%11.3%1.1 $15.24 3/15/2024244,900 shares $7.96 million -26.2%9.7%0.9 $32.51 2/29/2024331,700 shares $7.38 million -21.5%12.8%1 $22.24 2/15/2024422,600 shares $6.72 million +19.4%16.3%0.9 $15.90 1/31/2024354,000 shares $4.01 million -15.9%13.7%0.4 $11.33 1/15/2024421,100 shares $5.28 million +20.4%16.3%0.5 $12.55 Get the Latest News and Ratings for DRCT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Direct Digital and its competitors with MarketBeat's FREE daily newsletter. 12/31/2023349,900 shares $5.21 million -3.6%13.5%0.4 $14.88 12/15/2023363,100 shares $2.90 million -25.7%14.0%0.4 $7.98 11/30/2023488,600 shares $5.74 million -9.9%17.0%0.7 $11.74 11/15/2023542,500 shares $3.07 million +8,941.7%18.8%0.9 $5.66 10/31/20236,000 shares $14,700.00 +106.9%0.2%0.2 $2.45 10/15/20232,900 shares $7,134.00 -89.3%0.1%0.1 $2.46 9/30/202327,200 shares $69,632.00 +41.7%0.8%0.6 $2.56 9/15/202319,200 shares $43,008.00 -64.5%0.6%0.4 $2.24 8/31/202354,100 shares $143,906.00 -17.5%1.6%1.2 $2.66 8/15/202365,600 shares $172,528.00 -20.4%1.9%1.5 $2.63 7/31/202382,400 shares $229,072.00 +28.8%2.5%1.9 $2.78 7/15/202364,000 shares $175,360.00 -21.8%1.9%1.7 $2.74 6/30/202381,800 shares $233,130.00 +0.5%2.4%2.1 $2.85 6/15/202381,400 shares $247,456.00 -23.6%2.4%1.7 $3.04 5/31/2023106,500 shares $330,150.00 +2.0%3.1%2.2 $3.10 5/15/2023104,400 shares $344,520.00 -1.9%3.0%1.9 $3.30 4/30/2023106,400 shares $328,776.00 +23.7%3.3%1.5 $3.09 4/15/202386,000 shares $202,100.00 -11.2%2.7%0.8 $2.35 3/31/202396,800 shares $313,632.00 -36.4%3.0%0.8 $3.24 3/15/2023152,200 shares $585,970.00 -35.8%4.7%1.3 $3.85 2/28/2023236,900 shares $980,766.00 -11.9%7.4%2.1 $4.14 2/15/2023268,900 shares $1.40 million +136.5%8.4%2.4 $5.19 1/31/2023113,700 shares $653,775.00 +816.9%3.6%0.9 $5.75 1/15/202312,400 shares $45,632.00 -72.8%0.4%0.2 $3.68 12/30/202245,600 shares $110,580.00 +46.2%1.5%0.8 $2.43 12/15/202231,200 shares $85,176.00 -7.1%1.0%0.5 $2.73 11/30/202233,600 shares $91,728.00 -61.3%1.1%0.5 $2.73 11/15/202286,800 shares $296,856.00 +203.5%2.8%1.3 $3.42 10/31/202228,600 shares $80,938.00 -23.9%1.0%0.1 $2.83 10/15/202237,600 shares $75,576.00 -6.9%1.3%0.1 $2.01 9/30/202240,400 shares $90,496.00 -39.3%1.3%0 $2.24 9/15/202266,600 shares $195,138.00 -23.5%2.2%0.1 $2.93 8/31/202287,100 shares $263,913.00 -82.5%2.9%0.1 $3.03 8/15/2022498,900 shares $1.47 million +336.1%N/A0.4 $2.95Exposed: 10 CENT Crypto to Explode April 20th? (Ad)Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto for 2024 DRCT Short Interest - Frequently Asked Questions What is Direct Digital's current short interest? Short interest is the volume of Direct Digital shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 287,800 shares of DRCT short. 11.33% of Direct Digital's shares are currently sold short. Learn More on Direct Digital's current short interest. What is a good short interest ratio for Direct Digital? 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. DRCT shares currently have a short interest ratio of 1.0. Learn More on Direct Digital's short interest ratio. What is a good short interest percentage for Direct Digital? 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. 11.33% of Direct Digital's floating shares are currently sold short. Is Direct Digital's short interest increasing or decreasing? Direct Digital saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 287,800 shares, an increase of 17.5% from the previous total of 244,900 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 Direct Digital's float size? Direct Digital currently has issued a total of 14,270,000 shares. Some of Direct Digital'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. Direct Digital currently has a public float of 2,540,000 shares. How does Direct Digital's short interest compare to its competitors? 11.33% of Direct Digital's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Direct Digital: Fluent, Inc. (1.03%), CoreCard Co. (10.12%), Freightos Limited (0.07%), Zentek Ltd. (0.10%), Expensify, Inc. (3.92%), Crown Proptech Acquisitions (0.06%), BGSF, Inc. (0.32%), Richtech Robotics Inc. (1.59%), Xiao-I Co. (0.26%), DHC Acquisition Corp. (0.06%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks. What does it mean to sell short Direct Digital stock? Short selling DRCT is an investing strategy that aims to generate trading profit from Direct Digital as its price is falling. DRCT shares are trading down $0.24 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 Direct Digital? A short squeeze for Direct Digital 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 DRCT, which in turn drives the price of the stock up even further. How often is Direct Digital'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 DRCT, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Fluent Short Interest Data CoreCard Short Interest Data Freightos Short Interest Data Zentek Short Interest Data Expensify Short Interest Data Crown Proptech Acquisitions Short Interest Data BGSF Short Interest Data Richtech Robotics Short Interest Data Xiao-I Short Interest Data DHC Acquisition Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:DRCT) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingMan Who Predicted 2008: “This Will be Worse.”AltimetryGreat Crypto BullWeiss RatingsThe Next Nvidia?InvestorPlaceExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders