DNP Select Income Fund Short Interest Ratio and Short Volume

Short interest is the volume of DNP Select Income Fund shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 74,900 shares of DNP short.

DNP Select Income Fund saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 74,900 shares, a drop of 44.4% from the previous total of 134,600 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.

0.00% of DNP Select Income Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to DNP Select Income Fund: iShares Nasdaq Biotechnology ETF (0.00%), Nuveen Municipal Value Fund, Inc. (0.00%), Adams Diversified Equity Fund, Inc. (0.00%), PIMCO Corporate & Income Opportunity Fund (0.00%), Goldman Sachs BDC, Inc. (0.00%), Hercules Capital, Inc. (0.00%), Royce Value Trust Inc. (0.00%), Liberty All-Star Equity Fund (0.00%), The Gabelli Equity Trust Inc. (0.00%), and Tri-Continental Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling DNP is an investing strategy that aims to generate trading profit from DNP Select Income Fund as its price is falling. DNP Select Income Fund's stock is trading up $0.06 today. To short DNP Select Income Fund 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 DNP Select Income Fund 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 DNP Select Income Fund 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 DNP, 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 DNP, twice per month. The most recent reporting period available is March, 31 2021.