Dril-Quip (DRQ) Short Interest Ratio & Short Volume → Forget Nvidia, buy this A.I. Stock Now (From InvestorPlace) (Ad) Free DRQ Stock Alerts $19.86 -0.75 (-3.64%) (As of 04/17/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Dril-Quip Short Interest DataCurrent Short Volume1,540,000 sharesPrevious Short Volume1,610,000 sharesChange Vs. Previous Month-4.35%Dollar Volume Sold Short$34.70 millionShort Interest Ratio / Days to Cover6.7Last Record DateMarch 31, 2024Outstanding Shares34,420,000 sharesFloat Size33,780,000 sharesShort Percent of Float4.56%Today's Trading Volume263,629 sharesAverage Trading Volume229,242 sharesToday's Volume Vs. Average115% Short Selling Dril-Quip ? Sign up to receive the latest short interest report for Dril-Quip and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatDRQ Short Interest Over TimeDRQ Days to Cover Over TimeDRQ Percentage of Float Shorted Over Time Ad InvestorPlaceForget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.Click here to see the details. Dril-Quip Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20241,540,000 shares $34.70 million -4.4%4.6%6.7 $22.53 3/15/20241,610,000 shares $38.58 million -5.9%4.8%7.4 $23.96 2/29/20241,710,000 shares $38.69 million -3.4%5.1%7.9 $22.63 2/15/20241,770,000 shares $37.58 million -1.7%5.3%8.2 $21.23 1/31/20241,800,000 shares $36.13 million -5.8%5.4%8 $20.07 1/15/20241,910,000 shares $40.19 million +3.2%5.7%8.3 $21.04 Get the Latest News and Ratings for DRQ and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Dril-Quip and its competitors with MarketBeat's FREE daily newsletter. 12/31/20231,850,000 shares $43.05 million -1.1%5.5%8.4 $23.27 12/15/20231,870,000 shares $41.78 million +13.3%5.6%8.4 $22.34 11/30/20231,650,000 shares $36.63 million +1.2%4.9%7.2 $22.20 11/15/20231,630,000 shares $38.31 million +8.7%4.9%7.2 $23.50 10/31/20231,500,000 shares $32.49 million -5.1%4.5%6.7 $21.66 10/15/20231,580,000 shares $41.03 million -3.1%4.7%6.9 $25.97 9/30/20231,630,000 shares $45.92 million -3.6%4.9%6.4 $28.17 9/15/20231,690,000 shares $48.87 million No Change5.0%6.5 $28.92 8/31/20231,690,000 shares $46.61 million +3.1%5.0%6.7 $27.58 8/15/20231,640,000 shares $44.92 million +1.9%4.9%6.4 $27.39 7/31/20231,610,000 shares $41.68 million -2.4%4.8%6.3 $25.89 7/15/20231,650,000 shares $41.09 million +10.0%5.0%7.2 $24.90 6/30/20231,500,000 shares $34.91 million -8.0%4.5%7.2 $23.27 6/15/20231,630,000 shares $38.86 million -2.4%4.9%7.7 $23.84 5/31/20231,670,000 shares $37.34 million -1.8%5.0%7.1 $22.36 5/15/20231,700,000 shares $40.85 million -2.3%5.1%6.8 $24.03 4/30/20231,740,000 shares $47.47 million +2.4%5.2%6.9 $27.28 4/15/20231,700,000 shares $48.84 million -3.4%5.1%6.4 $28.73 3/31/20231,760,000 shares $50.49 million -1.1%5.3%6.2 $28.69 3/15/20231,780,000 shares $48.77 million -0.6%5.3%6.1 $27.40 2/28/20231,790,000 shares $61.31 million +4.7%5.4%5.9 $34.25 2/15/20231,710,000 shares $55.11 million +6.2%5.2%5.9 $32.23 1/31/20231,610,000 shares $49.44 million -4.2%4.9%5.4 $30.71 1/15/20231,680,000 shares $48.13 million +6.3%5.1%5.5 $28.65 12/30/20221,580,000 shares $42.93 million +2.6%4.8%5.5 $27.17 12/15/20221,540,000 shares $35.77 million +12.4%4.7%5.3 $23.23 11/30/20221,370,000 shares $32.25 million -2.8%4.1%5.4 $23.54 11/15/20221,410,000 shares $37.22 million +3.7%4.3%5.8 $26.40 10/31/20221,360,000 shares $33.84 million -8.7%4.1%6 $24.88 10/15/20221,490,000 shares $30.49 million -2.0%4.4%6.5 $20.46 9/30/20221,520,000 shares $29.67 million -7.9%4.5%6.5 $19.52 9/15/20221,650,000 shares $37.09 million No Change4.9%6.7 $22.48 8/31/20221,650,000 shares $36.51 million -1.2%4.9%6.4 $22.13 8/15/20221,670,000 shares $39.75 million +0.6%5.0%6.6 $23.80Forget Nvidia, buy this A.I. Stock Now (Ad)Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.Click here to see the details. DRQ Short Interest - Frequently Asked Questions What is Dril-Quip's current short interest? Short interest is the volume of Dril-Quip shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 1,540,000 shares of DRQ short. 4.56% of Dril-Quip's shares are currently sold short. Learn More on Dril-Quip's current short interest. What is a good short interest ratio for Dril-Quip? 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. DRQ shares currently have a short interest ratio of 7.0. Learn More on Dril-Quip's short interest ratio. Which institutional investors are shorting Dril-Quip? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Dril-Quip: Citadel Advisors LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Dril-Quip? 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. 4.56% of Dril-Quip's floating shares are currently sold short. Is Dril-Quip's short interest increasing or decreasing? Dril-Quip saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,540,000 shares, a drop of 4.3% from the previous total of 1,610,000 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 Dril-Quip's float size? Dril-Quip currently has issued a total of 34,420,000 shares. Some of Dril-Quip'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. Dril-Quip currently has a public float of 33,780,000 shares. How does Dril-Quip's short interest compare to its competitors? 4.56% of Dril-Quip's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Dril-Quip: Newpark Resources, Inc. (0.88%), Oil States International, Inc. (2.67%), Solaris Oilfield Infrastructure, Inc. (4.73%), Nabors Industries Ltd. (10.13%), Ramaco Resources, Inc. (15.42%), NET Power Inc. (10.43%), Enerflex Ltd. (0.81%), Vitesse Energy, Inc. (8.08%), NGL Energy Partners LP (2.61%), Diversified Energy Company PLC (2.15%), 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 Dril-Quip stock? Short selling DRQ is an investing strategy that aims to generate trading profit from Dril-Quip as its price is falling. DRQ shares are trading down $0.75 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 Dril-Quip? A short squeeze for Dril-Quip 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 DRQ, which in turn drives the price of the stock up even further. How often is Dril-Quip's 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 DRQ, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Newpark Resources Short Interest Data Oil States International Short Interest Data Solaris Oilfield Infrastructure Short Interest Data Nabors Industries Short Interest Data Ramaco Resources Short Interest Data NET Power Short Interest Data Enerflex Short Interest Data Vitesse Energy Short Interest Data NGL Energy Partners Short Interest Data Diversified Energy Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:DRQ) was last updated on 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe “Perfect Storm” for GoldGold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsAI healthcare stock poised for 36,996% growth?Behind the MarketsBiden out June 13; Kamala won’t replace him?Paradigm PressNew Trump BombshellThe Freeport SocietyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishing