Diageo Short Interest Ratio and Short Volume

Diageo (NYSE:DEO) Short Interest Frequently Asked Questions

What is Diageo's current short interest?

Short interest is the volume of Diageo shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 353,400 shares of DEO short. 0.06% of Diageo's shares are currently sold short. Learn More on Diageo's current short interest.

What is a good short interest ratio for Diageo?

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. Diageo currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for Diageo

Which institutional investors are shorting Diageo?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Diageo: Jane Street Group LLC, Two Sigma Securities LLC, UBS Group AG, Citadel Advisors LLC, PEAK6 Investments LLC, Wolverine Trading LLC, Concourse Financial Group Securities Inc., and CenterStar Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Diageo?

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. 0.06% of Diageo's floating shares are currently sold short.

Is Diageo's short interest increasing or decreasing?

Diageo saw a increase in short interest in November. As of November 15th, there was short interest totaling 353,400 shares, an increase of 26.2% from the previous total of 280,100 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.

What is Diageo's float size?

Diageo currently has issued a total of 583,083,000 shares. Some of Diageo'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. Diageo currently has a public float of 582,310,000 shares.

How does Diageo's short interest compare to its competitors?

0.06% of Diageo's shares are currently sold short. Here is how the short interest of companies in the industry of "beverages" compare to Diageo: LVMH Moët Hennessy - Louis Vuitton, Société Européenne (0.00%), The Coca-Cola Company (0.72%), PepsiCo, Inc. (0.00%), Keurig Dr Pepper Inc. (2.30%), Ambev S.A. (0.00%), Constellation Brands, Inc. (1.17%), The Duckhorn Portfolio, Inc. (4.24%), Vintage Wine Estates, Inc. (9.90%), Crimson Wine Group, Ltd. (0.00%), and Willamette Valley Vineyards, Inc. (1.33%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Diageo stock?

Short selling DEO is an investing strategy that aims to generate trading profit from Diageo as its price is falling. Diageo's stock is trading down $1.83 today. To short Diageo 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 Diageo 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 Diageo?

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

How often is Diageo'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 DEO, twice per month. The most recent reporting period available is November, 15 2021.