S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market

Discover Financial Services (DFS) Short Interest Ratio & Short Volume

$125.35
+1.08 (+0.87%)
(As of 04/19/2024 ET)

Discover Financial Services Short Interest Data

Current Short Volume
2,830,000 shares
Previous Short Volume
2,960,000 shares
Change Vs. Previous Month
-4.39%
Dollar Volume Sold Short
$370.98 million
Short Interest Ratio / Days to Cover
1.2
Last Record Date
March 31, 2024
Outstanding Shares
250,570,000 shares
Float Size
248,630,000 shares
Short Percent of Float
1.14%
Today's Trading Volume
1,548,721 shares
Average Trading Volume
1,126,981 shares
Today's Volume Vs. Average
137%
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DFS Short Interest Over Time

DFS Days to Cover Over Time

DFS Percentage of Float Shorted Over Time

Discover Financial Services Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20242,830,000 shares $370.98 million -4.4%1.1%1.2 $131.09
3/15/20242,960,000 shares $355.91 million +6.9%1.2%1.2 $120.24
2/29/20242,770,000 shares $334.34 million -4.5%1.1%1.1 $120.70
2/15/20242,900,000 shares $321.06 million -9.9%1.2%1.1 $110.71
1/31/20243,220,000 shares $339.77 million +11.0%1.3%1.5 $105.52
1/15/20242,900,000 shares $317.64 million -2.4%1.2%1.3 $109.53
12/31/20232,970,000 shares $333.83 million -29.6%1.2%1.4 $112.40
12/15/20234,220,000 shares $447.45 million -19.8%1.7%1.8 $106.03
11/30/20235,260,000 shares $489.18 million -24.9%2.1%2.2 $93.00
11/15/20237,000,000 shares $599.62 million +56.3%2.8%3.2 $85.66
10/31/20234,480,000 shares $367.72 million -8.2%1.8%1.8 $82.08
10/15/20234,880,000 shares $436.27 million +17.0%2.0%1.9 $89.40
9/30/20234,170,000 shares $361.25 million -4.1%1.7%1.6 $86.63
9/15/20234,350,000 shares $390.37 million +13.6%1.8%1.9 $89.74
8/31/20233,830,000 shares $344.97 million -24.2%1.5%1.5 $90.07
8/15/20235,050,000 shares $469.40 million +7.7%2.0%2 $92.95
7/31/20234,690,000 shares $495.03 million -8.4%1.9%2.2 $105.55
7/15/20235,120,000 shares $607.03 million -9.1%2.0%2.3 $118.56
6/30/20235,630,000 shares $657.87 million -28.4%2.2%2.8 $116.85
6/15/20237,860,000 shares $921.59 million +14.2%3.1%3.8 $117.25
5/31/20236,880,000 shares $706.58 million +40.1%2.7%3.2 $102.70
5/15/20234,910,000 shares $476.47 million +17.8%1.9%2.3 $97.04
4/30/20234,170,000 shares $431.47 million -8.8%1.7%2 $103.47
4/15/20234,570,000 shares $462.35 million +0.7%1.8%2 $101.17
3/31/20234,540,000 shares $448.73 million -6.8%1.7%1.8 $98.84
3/15/20234,870,000 shares $468.74 million +16.8%2.0%2 $96.25
2/28/20234,170,000 shares $467.04 million -8.4%1.6%1.8 $112.00
2/15/20234,550,000 shares $524.39 million -18.5%1.7%2 $115.25
1/31/20235,580,000 shares $651.35 million +9.4%2.1%2.4 $116.73
1/15/20235,100,000 shares $546.72 million +8.5%1.9%2.4 $107.20
12/30/20224,700,000 shares $459.80 million +43.3%1.7%2.4 $97.83
12/15/20223,280,000 shares $324.33 million +1.6%1.2%1.8 $98.88
11/30/20223,230,000 shares $350.00 million -20.6%1.2%1.8 $108.36
11/15/20224,070,000 shares $421.77 million +26.8%1.5%2.4 $103.63
10/31/20223,210,000 shares $335.32 million -57.4%1.2%2 $104.46
10/15/20227,540,000 shares $687.65 million +107.7%2.8%4.7 $91.20
9/30/20223,630,000 shares $330.04 million -0.6%1.3%2.2 $90.92
9/15/20223,650,000 shares $368.32 million +10.3%1.3%2.1 $100.91
8/31/20223,310,000 shares $332.62 million +16.6%1.2%1.8 $100.49
8/15/20222,840,000 shares $309.08 million -27.6%1.0%1.5 $108.83
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DFS Short Interest - Frequently Asked Questions

What is Discover Financial Services' current short interest?

Short interest is the volume of Discover Financial Services shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 2,830,000 shares of DFS short. 1.14% of Discover Financial Services' shares are currently sold short. Learn More on Discover Financial Services' current short interest.

What is a good short interest ratio for Discover Financial Services?

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. DFS shares currently have a short interest ratio of 1.0. Learn More on Discover Financial Services's short interest ratio.

Which institutional investors are shorting Discover Financial Services?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Discover Financial Services: GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., Caas Capital Management LP, Citadel Advisors LLC, Cubist Systematic Strategies LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital UK Ltd., Capstone Investment Advisors LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Private Advisor Group LLC, XR Securities LLC, and Capital Investment Advisory Services LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Discover Financial Services?

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. 1.14% of Discover Financial Services' floating shares are currently sold short.

Is Discover Financial Services' short interest increasing or decreasing?

Discover Financial Services saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,830,000 shares, a drop of 4.4% from the previous total of 2,960,000 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 Discover Financial Services' float size?

Discover Financial Services currently has issued a total of 250,570,000 shares. Some of Discover Financial Services' 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. Discover Financial Services currently has a public float of 248,630,000 shares.

How does Discover Financial Services' short interest compare to its competitors?

1.14% of Discover Financial Services' shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Discover Financial Services: NatWest Group plc (0.21%), Extra Space Storage Inc. (1.83%), Corporación Inmobiliaria Vesta, S.A.B. de C.V. (0.07%), VICI Properties Inc. (1.92%), Deutsche Bank Aktiengesellschaft (0.47%), The Hartford Financial Services Group, Inc. (1.42%), CBRE Group, Inc. (1.75%), Arch Capital Group Ltd. (0.98%), Blue Owl Capital Inc. (3.75%), Willis Towers Watson Public Limited (0.65%),

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 Discover Financial Services stock?

Short selling DFS is an investing strategy that aims to generate trading profit from Discover Financial Services as its price is falling. DFS shares are trading up $1.08 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 Discover Financial Services?

A short squeeze for Discover Financial Services 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 DFS, which in turn drives the price of the stock up even further.

How often is Discover Financial Services' 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 DFS, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:DFS) was last updated on 4/21/2024 by MarketBeat.com Staff

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