dMY Technology Group, Inc. VI - DMYS Short Interest Ratio & Short Volume

Short interest is the volume of dMY Technology Group, Inc. VI shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 3,400 shares of DMYS short. 0.01% of dMY Technology Group, Inc. VI's shares are currently sold short. Learn More on dMY Technology Group, Inc. VI's current short interest.

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. 0.01% of dMY Technology Group, Inc. VI's floating shares are currently sold short.

dMY Technology Group, Inc. VI saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,400 shares, an increase of 325.0% from the previous total of 800 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.

dMY Technology Group, Inc. VI currently has issued a total of 30,980,000 shares. Some of dMY Technology Group, Inc. VI'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. dMY Technology Group, Inc. VI currently has a public float of 24,070,000 shares.

0.01% of dMY Technology Group, Inc. VI's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to dMY Technology Group, Inc. VI: MedTech Acquisition Co. (0.02%), AfterNext HealthTech Acquisition Corp. (0.02%), Anthemis Digital Acquisitions I Corp (0.02%), Rigel Resource Acquisition Corp. (0.01%), Jaguar Global Growth Co. I (0.00%), Rosecliff Acquisition Corp I (0.00%), Live Oak Mobility Acquisition Corp. (0.00%), Clean Earth Acquisitions Corp. (0.10%), Noble Rock Acquisition Co. (0.23%), and GigCapital5, Inc. (0.14%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling DMYS is an investing strategy that aims to generate trading profit from dMY Technology Group, Inc. VI 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 dMY Technology Group, Inc. VI 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 DMYS, 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 DMYS, twice per month. The most recent reporting period available is January, 15 2023.