Datang International Power Generation (DIPGY) Short Interest Ratio & Short Volume

Short interest is the volume of Datang International Power Generation shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 100 shares of DIPGY short. Learn More on Datang International Power Generation's 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. DIPGY shares currently have a short interest ratio of 1.0. Learn More on Datang International Power Generation's short interest ratio.

Here is how the short interest of companies in the sector of "utilities" compare to Datang International Power Generation: PNM Resources, Inc. (1.92%), Otter Tail Co. (8.03%), Pampa Energía S.A. (0.83%), Black Hills Co. (4.25%), TransAlta Co. (1.08%), Companhia Paranaense de Energia - COPEL (1.15%), Algonquin Power & Utilities Corp. (1.84%), Enel Chile S.A. (0.09%), Portland General Electric (5.04%), IDACORP, Inc. (2.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.15 billion), Aon plc ($3.50 billion), Snap Inc. ($3.18 billion), Analog Devices, Inc. ($2.90 billion), The Clorox Company ($2.87 billion), Uber Technologies, Inc. ($2.01 billion), The Kroger Co. ($1.86 billion), International Flavors & Fragrances Inc. ($1.80 billion), Moderna, Inc. ($1.80 billion), and Simon Property Group, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling DIPGY is an investing strategy that aims to generate trading profit from Datang International Power Generation 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 Datang International Power Generation 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 DIPGY, 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 DIPGY, twice per month. The most recent reporting period available is October, 30 2020.