Danieli & C. Officine Meccaniche (DNIYY) Short Interest Ratio & Short Volume

Short interest is the volume of Danieli & C. Officine Meccaniche shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 100 shares of DNIYY short. Learn More on Danieli & C. Officine Meccaniche's current short interest.

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.35 billion), S&P Global Inc. ($8.85 billion), Charter Communications, Inc. ($5.23 billion), Canadian Pacific Kansas City Limited ($4.96 billion), Wayfair Inc. ($3.99 billion), Palo Alto Networks, Inc. ($3.89 billion), Etsy, Inc. ($2.57 billion), Zscaler, Inc. ($2.44 billion), eBay Inc. ($2.34 billion), and Teladoc Health, Inc. ($2.30 billion). View all of the most shorted stocks.

Short selling DNIYY is an investing strategy that aims to generate trading profit from Danieli & C. Officine Meccaniche 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 Danieli & C. Officine Meccaniche 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 DNIYY, 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 DNIYY, twice per month. The most recent reporting period available is November, 30 2021.