Nuveen Diversified Dividend and Income Fund (JDD) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Diversified Dividend and Income Fund shares that have been sold short but have not yet been closed out or covered. As of October 29th, traders have sold 12,300 shares of JDD short. Learn More on Nuveen Diversified Dividend and Income Fund's current short interest.

Nuveen Diversified Dividend and Income Fund saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 12,300 shares, an increase of 251.4% from the previous total of 3,500 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 Nuveen Diversified Dividend and Income Fund: American Realty Investors, Inc. (1.34%), Bain Capital Specialty Finance, Inc. (0.26%), Banco Bradesco S.A. (0.00%), Banco Macro S.A. (1.19%), Burford Capital Limited (0.81%), Grupo Financiero Galicia S.A. (3.20%), Intercorp Financial Services Inc. (0.25%), Itaú Unibanco Holding S.A. (0.54%), Monroe Capital Co. (0.34%), Northeast Bank (0.87%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($8.61 billion), Advanced Micro Devices, Inc. ($8.44 billion), Charter Communications, Inc. ($5.26 billion), Canadian Pacific Kansas City Limited ($5.13 billion), Wayfair Inc. ($4.34 billion), Uber Technologies, Inc. ($3.69 billion), Palo Alto Networks, Inc. ($3.35 billion), Teladoc Health, Inc. ($3.11 billion), eBay Inc. ($2.91 billion), and Etsy, Inc. ($2.63 billion). View all of the most shorted stocks.

Short selling JDD is an investing strategy that aims to generate trading profit from Nuveen Diversified 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 Nuveen Diversified Dividend and 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 JDD, 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 JDD, twice per month. The most recent reporting period available is October, 29 2021.