DTE Energy (DTP) Short Interest Ratio & Short Volume

Short interest is the volume of DTE Energy shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 6,100 shares of DTP short. Learn More on DTE Energy's current short interest.

DTE Energy saw a increase in short interest in October. As of October 15th, there was short interest totaling 6,100 shares, an increase of 125.9% from the previous total of 2,700 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 "utilities" compare to DTE Energy: NextEra Energy, Inc. (1.80%), The Southern Company (2.01%), Duke Energy Co. (1.39%), National Grid plc (0.18%), American Electric Power Company, Inc. (3.94%), Vistra Corp. (1.87%), Sempra (0.98%), Exelon Co. (1.91%), Dominion Energy, Inc. (2.43%), PG&E Co. (1.39%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), PG&E Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Co. ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling DTP is an investing strategy that aims to generate trading profit from DTE Energy 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 DTE Energy 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 DTP, 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 DTP, twice per month. The most recent reporting period available is October, 15 2022.