Davide Campari-Milano (DVDCY) Short Interest Ratio & Short Volume

Short interest is the volume of Davide Campari-Milano shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 23,300 shares of DVDCY short. Learn More on Davide Campari-Milano'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. DVDCY shares currently have a short interest ratio of 2.0. Learn More on Davide Campari-Milano's short interest ratio.

Davide Campari-Milano saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 23,300 shares, an increase of 23,200.0% 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.

Here is how the short interest of companies in the sector of "consumer staples" compare to Davide Campari-Milano: China Mengniu Dairy Company Limited (0.00%), Kerry Group plc (0.00%), Glanbia plc (0.00%), Davide Campari-Milano (0.44%), Ajinomoto Co., Inc. (0.00%), Associated British Foods plc (0.00%), Henkel AG & Co. KGaA (0.00%), Shiseido Company, Limited (0.00%), Albertsons Companies, Inc. (3.77%), Coca-Cola HBC AG (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($3.93 billion), Wayfair Inc. ($3.63 billion), The Charles Schwab Co. ($2.75 billion), Aon plc ($2.70 billion), The Clorox Company ($2.61 billion), Carnival Co. & plc ($2.13 billion), Snap Inc. ($2.00 billion), Moderna, Inc. ($1.98 billion), The Kroger Co. ($1.93 billion), and International Flavors & Fragrances Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling DVDCY is an investing strategy that aims to generate trading profit from Davide Campari-Milano as its price is falling. DVDCY shares are trading up $0.51 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 Davide Campari-Milano 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 DVDCY, 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 DVDCY, twice per month. The most recent reporting period available is July, 15 2020.