Dividend and Income Fund (DNI) Short Interest Ratio & Short Volume

Short interest is the volume of Dividend and Income Fund shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 19,800 shares of DNI short. Learn More on Dividend and Income Fund's current short interest.

Dividend and Income Fund saw a increase in short interest in September. As of September 15th, there was short interest totaling 19,800 shares, an increase of 29.4% from the previous total of 15,300 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 in the sector of "finance" compare to Dividend and Income Fund: Hanover Bancorp, Inc. (0.12%), Lument Finance Trust, Inc. (0.07%), Nuveen Arizona Quality Municipal Income Fund (0.02%), Westwood Holdings Group, Inc. (0.09%), BV Financial, Inc. (0.75%), MainStreet Bancshares, Inc. (2.14%), Union Bankshares, Inc. (0.46%), CNFinance Holdings Limited (0.01%), C&F Financial Co. (0.80%), First Guaranty Bancshares, Inc. (0.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.24 billion), Aon plc ($3.67 billion), The Clorox Company ($2.89 billion), The Charles Schwab Co. ($2.79 billion), MercadoLibre, Inc. ($2.26 billion), Analog Devices, Inc. ($2.19 billion), Simon Property Group, Inc. ($2.01 billion), The Kroger Co. ($1.94 billion), Moderna, Inc. ($1.89 billion), and International Flavors & Fragrances Inc. ($1.81 billion). View all of the most shorted stocks.

Short selling DNI is an investing strategy that aims to generate trading profit from Dividend and Income Fund 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 Dividend and Income Fund 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 DNI, 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 DNI, twice per month. The most recent reporting period available is September, 15 2020.