Despegar.com (DESP) Short Interest Ratio & Short Volume → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free DESP Stock Alerts $12.60 +0.38 (+3.11%) (As of 04/24/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Despegar.com Short Interest DataCurrent Short Volume1,360,000 sharesPrevious Short Volume345,900 sharesChange Vs. Previous Month+293.18%Dollar Volume Sold Short$16.27 millionShort Interest Ratio / Days to Cover2.4Last Record DateMarch 31, 2024Outstanding Shares66,056,000 sharesFloat Size55,250,000 sharesShort Percent of Float2.46%Today's Trading Volume949,709 sharesAverage Trading Volume626,639 sharesToday's Volume Vs. Average152% Short Selling Despegar.com ? Sign up to receive the latest short interest report for Despegar.com and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatDESP Short Interest Over TimeDESP Days to Cover Over TimeDESP Percentage of Float Shorted Over Time Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> Despegar.com Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20241,360,000 shares $16.27 million +293.2%2.5%2.4 $11.96 3/15/2024345,900 shares $3.92 million +49.4%0.6%0.7 $11.32 2/29/2024231,500 shares $2.06 million -0.6%0.4%0.7 $8.91 2/15/2024232,900 shares $1.99 million +24.7%0.4%0.7 $8.55 1/31/2024186,800 shares $1.67 million -45.2%0.3%0.5 $8.92 1/15/2024340,900 shares $3.19 million +7.8%0.6%1 $9.37 Get the Latest News and Ratings for DESP and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Despegar.com and its competitors with MarketBeat's FREE daily newsletter. 12/31/2023316,200 shares $2.99 million -24.9%0.6%1.1 $9.46 12/15/2023420,900 shares $3.88 million +12.2%0.8%1.7 $9.22 11/30/2023375,000 shares $2.99 million +4.2%0.7%1.7 $7.98 11/15/2023359,900 shares $2.76 million +1.6%0.7%1.8 $7.67 10/31/2023354,400 shares $2.35 million -2.3%0.6%1.8 $6.63 10/15/2023362,900 shares $2.42 million +5.3%0.7%1.9 $6.66 9/30/2023344,600 shares $2.50 million -10.0%0.6%1.7 $7.25 9/15/2023382,800 shares $2.89 million -2.4%0.7%1.9 $7.54 8/31/2023392,000 shares $3.12 million -12.0%0.7%2 $7.95 8/15/2023445,300 shares $3.59 million -1.3%0.8%2.1 $8.07 7/31/2023451,200 shares $3.58 million -14.2%0.8%2.1 $7.93 7/15/2023525,900 shares $3.62 million -8.0%1.0%2.5 $6.88 6/30/2023571,500 shares $4.03 million -3.6%1.0%2.6 $7.05 6/15/2023592,700 shares $4.23 million -6.5%1.1%2.7 $7.13 5/31/2023633,600 shares $4.08 million -26.7%1.1%2.5 $6.44 5/15/2023864,600 shares $4.64 million -12.4%1.5%3 $5.37 4/30/2023986,800 shares $5.19 million -8.6%1.8%3.5 $5.26 4/15/20231,080,000 shares $6.29 million +0.9%1.8%3.6 $5.82 3/31/20231,070,000 shares $6.57 million +16.6%1.8%3.2 $6.14 3/15/2023918,000 shares $4.96 million +0.9%1.5%2.5 $5.40 2/28/2023909,900 shares $5.60 million -0.8%1.5%2.2 $6.15 2/15/2023917,600 shares $6.20 million +26.2%1.5%2.4 $6.76 1/31/2023727,000 shares $4.94 million +13.5%1.2%1.8 $6.79 1/15/2023640,800 shares $3.82 million -12.4%1.1%1.7 $5.96 12/30/2022731,400 shares $3.75 million +7.0%1.2%2.1 $5.13 12/15/2022683,400 shares $3.37 million -9.1%1.1%1.8 $4.93 11/30/2022752,000 shares $4.06 million -0.9%1.2%2.2 $5.40 11/15/2022758,800 shares $4.83 million -4.1%1.3%2.3 $6.37 10/31/2022791,600 shares $5.03 million -3.3%1.3%2.5 $6.36 10/15/2022818,800 shares $5.09 million -0.6%1.3%2.7 $6.22 9/30/2022823,400 shares $4.69 million +17.9%1.4%2.8 $5.70 9/15/2022698,200 shares $5.21 million +41.6%1.2%2.5 $7.46 8/31/2022493,100 shares $3.90 million -34.6%0.8%1.4 $7.91 8/15/2022753,500 shares $6.48 million -10.2%1.2%2.4 $8.60Pentagon contract could send this $2 AI stock soaring (Ad)Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> DESP Short Interest - Frequently Asked Questions What is Despegar.com's current short interest? Short interest is the volume of Despegar.com shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 1,360,000 shares of DESP short. 2.46% of Despegar.com's shares are currently sold short. Learn More on Despegar.com's current short interest. What is a good short interest ratio for Despegar.com? 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. DESP shares currently have a short interest ratio of 2.0. Learn More on Despegar.com's short interest ratio. Which institutional investors are shorting Despegar.com? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Despegar.com: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Despegar.com? 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. 2.46% of Despegar.com's floating shares are currently sold short. Is Despegar.com's short interest increasing or decreasing? Despegar.com saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,360,000 shares, an increase of 293.2% from the previous total of 345,900 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 Despegar.com's float size? Despegar.com currently has issued a total of 66,056,000 shares. Some of Despegar.com'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. Despegar.com currently has a public float of 55,250,000 shares. How does Despegar.com's short interest compare to its competitors? 2.46% of Despegar.com's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Despegar.com: RXO, Inc. (2.57%), Global Business Travel Group, Inc. (0.47%), Cryoport, Inc. (8.57%), Nordic American Tankers Limited (3.95%), Heartland Express, Inc. (3.46%), Sun Country Airlines Holdings, Inc. (6.24%), Global Ship Lease, Inc. (3.50%), Air Transport Services Group, Inc. (8.22%), Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (0.81%), Bristow Group Inc. (1.07%), 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 Despegar.com stock? Short selling DESP is an investing strategy that aims to generate trading profit from Despegar.com as its price is falling. DESP shares are trading up $0.38 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 Despegar.com? A short squeeze for Despegar.com 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 DESP, which in turn drives the price of the stock up even further. How often is Despegar.com'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 DESP, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: RXO Short Interest GBTG Short Interest CYRX Short Interest NAT Short Interest HTLD Short Interest SNCY Short Interest GSL Short Interest ATSG Short Interest VLRS Short Interest VTOL Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:DESP) was last updated on 4/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyPentagon contract could send this $2 AI stock soaringBehind the MarketsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry ResearchNew Trump BombshellThe Freeport SocietyThe Greatest Bull Market in Crypto History…Weiss Ratings