Digital China Short Interest Ratio and Short Volume

Short interest is the volume of Digital China shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 2,700,700 shares of DCHIF short.

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. Digital China currently has a short interest ratio of 2,078.0.

Digital China saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,700,700 shares, a decline of 1.7% from the previous total of 2,747,000 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.

0.00% of Digital China's shares are currently sold short. Here is how the short interest of companies in the industry of "computer peripheral equipment, not elsewhere classified" compare to Digital China: Xerox Holdings Co. (2.80%), FireEye, Inc. (0.00%), Corsair Gaming, Inc. (20.70%), Stratasys Ltd. (0.00%), Mitek Systems, Inc. (0.00%), Identiv, Inc. (0.00%), Immersion Co. (3.28%), Creative Technology Ltd (0.00%), RADCOM Ltd. (0.13%), and TransAct Technologies Incorporated (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling DCHIF is an investing strategy that aims to generate trading profit from Digital China as its price is falling. To short Digital China 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 Digital China 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 Digital China occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of DCHIF, 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 DCHIF, twice per month. The most recent reporting period available is April, 15 2021.