China Distance Education (DL) Short Interest Ratio & Short Volume

Short interest is the volume of China Distance Education shares that have been sold short but have not yet been closed out or covered. As of February 26th, investors have sold 58,200 shares of DL short. Learn More on China Distance Education'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. DL shares currently have a short interest ratio of 3.0. Learn More on China Distance Education's short interest ratio.

China Distance Education saw a increase in short interest in the month of February. As of February 26th, there was short interest totaling 58,200 shares, an increase of 385.0% from the previous total of 12,000 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.

Here is how the short interest of companies compare to China Distance Education: 51Talk Online Education Group (0.03%), 17 Education & Technology Group Inc. (0.00%), Aspen Group, Inc. (0.06%), Renovare Environmental, Inc. (0.07%), Rapid7, Inc. (5.03%), Himax Technologies, Inc. (5.00%), nLight (3.43%), Tuya Inc. Sponsored ADR (0.87%), MaxLinear, Inc (6.58%), Photronics, Inc. (5.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.72 billion), Analog Devices, Inc. ($5.42 billion), Charter Communications, Inc. ($4.94 billion), Snap Inc. ($3.85 billion), Airbnb, Inc. ($2.46 billion), Warner Bros. Discovery, Inc. ($2.34 billion), Futu Holdings Limited Sponsored ADR ($2.31 billion), The Kroger Co. ($2.05 billion), Peloton Interactive, Inc. ($1.96 billion), and Palo Alto Networks, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling DL is an investing strategy that aims to generate trading profit from China Distance Education 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 China Distance Education 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 DL, 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 DL, twice per month. The most recent reporting period available is February, 26 2021.