Del Taco Restaurants (TACO) Short Interest Ratio & Short Volume

Short interest is the volume of Del Taco Restaurants shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 942,400 shares of TACO short. 3.04% of Del Taco Restaurants' shares are currently sold short. Learn More on Del Taco Restaurants' 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. TACO shares currently have a short interest ratio of 1.0. Learn More on Del Taco Restaurants's short interest ratio.

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. 3.04% of Del Taco Restaurants' floating shares are currently sold short.

Del Taco Restaurants saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 942,400 shares, an increase of 14.2% from the previous total of 824,900 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.

Del Taco Restaurants currently has issued a total of 36,392,000 shares. Some of Del Taco Restaurants' 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. Del Taco Restaurants currently has a public float of 30,990,000 shares.

3.04% of Del Taco Restaurants' shares are currently sold short. Here is how the short interest of companies compare to Del Taco Restaurants: Biglari Holdings Inc. (0.36%), Denny's Co. (4.25%), RCI Hospitality Holdings Inc (4.29%), Chuy's Holdings, Inc. (8.40%), Carrols Restaurant Group, Inc. (3.31%), Potbelly Co. (4.95%), GEN Restaurant Group, Inc. (3.87%), Nathan's Famous, Inc. (0.35%), El Pollo Loco Holdings, Inc. (5.21%), Dine Brands Global, Inc. (7.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Co. & plc ($1.96 billion). View all of the most shorted stocks.

Short selling TACO is an investing strategy that aims to generate trading profit from Del Taco Restaurants 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 Del Taco Restaurants 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 TACO, 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 TACO, twice per month. The most recent reporting period available is February, 15 2022.