Dorel Industries (DIIBF) Short Interest Ratio & Short Volume

Short interest is the volume of Dorel Industries shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 108,900 shares of DIIBF short. Learn More on Dorel 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. DIIBF shares currently have a short interest ratio of 46.0. Learn More on Dorel Industries's short interest ratio.

Dorel Industries saw a increase in short interest in August. As of August 31st, there was short interest totaling 108,900 shares, an increase of 0.4% from the previous total of 108,500 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 "consumer discretionary" compare to Dorel Industries: Bassett Furniture Industries, Incorporated (1.11%), Superior Group of Companies, Inc. (1.09%), Saga Communications, Inc. (0.27%), LuxUrban Hotels Inc. (0.20%), American Outdoor Brands, Inc. (0.65%), Rocky Brands, Inc. (4.41%), Lifetime Brands, Inc. (0.47%), Skillz Inc. (13.60%), Codere Online Luxembourg, S.A. (1.39%), The Honest Company, Inc. (5.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.69 billion), Canadian Natural Resources Limited ($3.67 billion), T-Mobile US, Inc. ($3.56 billion), Suncor Energy Inc. ($3.20 billion), Occidental Petroleum Co. ($3.19 billion), Celsius Holdings, Inc. ($2.09 billion), Tractor Supply ($2.08 billion), Moderna, Inc. ($2.04 billion), Royal Caribbean Cruises Ltd. ($2.00 billion), and Rivian Automotive, Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling DIIBF is an investing strategy that aims to generate trading profit from Dorel Industries as its price is falling. DIIBF shares are trading up $0.04 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 Dorel Industries 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 DIIBF, 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 DIIBF, twice per month. The most recent reporting period available is August, 31 2023.