Draganfly (DFLYF) Short Interest Ratio & Short Volume

Short interest is the volume of Draganfly shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 411,700 shares of DFLYF short. Learn More on Draganfly's current short interest.

Draganfly saw a decrease in short interest in July. As of July 15th, there was short interest totaling 411,700 shares, a decrease of 10.5% from the previous total of 460,000 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.

Here is how the short interest of companies compare to Draganfly: AERWINS Technologies Inc. (0.11%), RTX Corporation (1.13%), Elbit Systems Ltd. (0.57%), Joby Aviation, Inc. (14.24%), Embraer-Empresa Brasileira de Aeronautica (4.06%), Loar Holdings Inc. (6.67%), Archer Aviation Inc. (17.81%), Eve Holding, Inc. (8.16%), Ducommun Incorporated (2.05%), EHang Holdings Limited Unsponsored ADR (13.82%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.55 billion), Block, Inc. ($7.47 billion), S&P Global Inc. ($7.40 billion), Analog Devices, Inc. ($6.82 billion), Aon plc ($5.98 billion), Charter Communications, Inc. ($5.10 billion), Wayfair Inc. ($4.38 billion), AMC Entertainment Holdings, Inc. ($2.87 billion), Teladoc Health, Inc. ($2.55 billion), and Nuance Communications, Inc. ($2.41 billion). View all of the most shorted stocks.

Short selling DFLYF is an investing strategy that aims to generate trading profit from Draganfly as its price is falling. DFLYF shares are trading up $1.57 today. 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 Draganfly 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 DFLYF, 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 DFLYF, twice per month. The most recent reporting period available is July, 15 2021.