Dragon Victory International (LYL) Short Interest Ratio & Short Volume

Short interest is the volume of Dragon Victory International shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 85,000 shares of LYL short. Learn More on Dragon Victory International's current short interest.

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. LYL shares currently have a short interest ratio of 2.0. Learn More on Dragon Victory International's short interest ratio.

Dragon Victory International saw a increase in short interest during the month of November. As of November 30th, there was short interest totaling 85,000 shares, an increase of 23.0% from the previous total of 69,100 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.

Here is how the short interest of companies compare to Dragon Victory International: Logan Ridge Finance Co. (0.09%), Rand Capital Co. (0.15%), Investcorp Credit Management BDC, Inc. (0.23%), 180 Degree Capital Corp. (0.12%), Safeguard Scientifics, Inc. (0.62%), Firsthand Technology Value Fund, Inc. (0.05%), Ares Capital Co. (2.38%), Golub Capital BDC, Inc. (2.37%), Sixth Street Specialty Lending, Inc. (4.15%), Prospect Capital Co. (8.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), Pacific Gas & Electric Co. ($1.73 billion), Coinbase Global, Inc. ($1.71 billion), Etsy, Inc. ($1.65 billion), Paramount Global ($1.54 billion), Lucid Group, Inc. ($1.50 billion), Old Dominion Freight Line, Inc. ($1.46 billion), and DICK'S Sporting Goods, Inc. ($1.41 billion). View all of the most shorted stocks.

Short selling LYL is an investing strategy that aims to generate trading profit from Dragon Victory International as its price is falling. 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.

A short squeeze for Dragon Victory International 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 LYL, 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 LYL, twice per month. The most recent reporting period available is November, 30 2022.