Delta Galil Industries (DELTY) Short Interest Ratio & Short Volume

Short interest is the volume of Delta Galil Industries shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 1,300 shares of DELTY short. Learn More on Delta Galil Industries' current short interest.

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. DELTY shares currently have a short interest ratio of 2.0. Learn More on Delta Galil Industries's short interest ratio.

Delta Galil Industries saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,300 shares, an increase of 225.0% from the previous total of 400 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 "consumer discretionary" compare to Delta Galil Industries: Guess?, Inc. (28.08%), Wacoal Holdings Corp. (0.00%), AMC Entertainment Holdings, Inc. (16.06%), Smith & Wesson Brands, Inc. (2.59%), Wolverine World Wide, Inc. (5.61%), Sinclair, Inc. (9.54%), Malibu Boats, Inc. (5.62%), Sturm, Ruger & Company, Inc. (2.88%), Betterware de México, S.A.P.I. de C.V. (0.59%), A-Mark Precious Metals, Inc. (13.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AbbVie Inc. ($7.01 billion), Charter Communications, Inc. ($4.31 billion), Match Group, Inc. ($2.95 billion), The Charles Schwab Co. ($2.81 billion), Tesla, Inc. ($2.69 billion), Microchip Technology Incorporated ($2.59 billion), Wayfair Inc. ($2.19 billion), Snap Inc. ($1.99 billion), The Clorox Company ($1.97 billion), and International Flavors & Fragrances Inc. ($1.92 billion). View all of the most shorted stocks.

Short selling DELTY is an investing strategy that aims to generate trading profit from Delta Galil Industries 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 Delta Galil Industries 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 DELTY, 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 DELTY, twice per month. The most recent reporting period available is April, 30 2020.