Dover Motorsports Short Interest Ratio and Short Volume

Short interest is the volume of Dover Motorsports shares that have been sold short but have not yet been covered or closed out. As of January 29th, investors have sold 14,800 shares of DVD short. 0.10% of Dover Motorsports' shares are currently sold short. View details.

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. 0.10% of Dover Motorsports' floating shares are currently sold short.

Dover Motorsports saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 14,800 shares, an increase of 138.7% from the previous total of 6,200 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.

Dover Motorsports currently has issued a total of 36,372,000 shares. Some of Dover Motorsports' 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. Dover Motorsports currently has a public float of 14,860,000 shares.

0.10% of Dover Motorsports' shares are currently sold short. Here is how the short interest of companies in the industry of "amusement & recreation services" compare to Dover Motorsports: Live Nation Entertainment, Inc. (9.04%), Warner Music Group Corp. (5.47%), Madison Square Garden Entertainment Corp. (1.14%), Accel Entertainment, Inc. (5.31%), Manchester United plc (1.81%), NeoGames S.A. (0.33%), Esports Entertainment Group, Inc. (1.39%), Allied Esports Entertainment Inc. (9.71%), Galaxy Gaming, Inc. (0.00%), and Wizard Entertainment, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling DVD is an investing strategy that aims to generate trading profit from Dover Motorsports as its price is falling. Dover Motorsports' stock is trading down $0.10 today. To short Dover Motorsports 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 Dover Motorsports 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 Dover Motorsports 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 DVD, 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 DVD, twice per month. The most recent reporting period available is January, 29 2021.