DIAGNOS Short Interest Ratio and Short Volume

Short interest is the volume of DIAGNOS shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 3,000 shares of DGNOF short. 0.00% of DIAGNOS's shares are currently sold short. View details.

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. DIAGNOS currently has a short interest ratio of 1.0.

DIAGNOS saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,000 shares, an increase of 2,900.0% from the previous total of 100 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 DIAGNOS's shares are currently sold short. Here is how the short interest of companies in the industry of "private households" compare to DIAGNOS: The Restaurant Group plc (0.00%), The Green Organic Dutchman Holdings Ltd. (0.00%), Parkson Retail Group Limited (0.00%), Ted Baker Plc (0.00%), Hidili Industry International Development Limited (0.00%), Thomas Cook Group plc (0.00%), MDxHealth SA (0.00%), Datalex plc (0.00%), Countrywide plc (0.00%), and Pharos Energy plc (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.96 billion), Aon Plc ($3.87 billion), Moderna, Inc. ($3.77 billion), Analog Devices, Inc. ($3.62 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.80 billion), The Kroger Co. ($2.11 billion), International Flavors & Fragrances Inc. ($1.98 billion), Expedia Group, Inc. ($1.95 billion), and Peloton Interactive, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling DGNOF is an investing strategy that aims to generate trading profit from DIAGNOS as its price is falling. DIAGNOS's stock is trading up $0.07 today. To short DIAGNOS 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 DIAGNOS 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 DIAGNOS 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 DGNOF, 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 DGNOF, twice per month. The most recent reporting period available is November, 15 2020.