Drilling Tools International (DTI) Short Interest Ratio & Short Volume → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free DTI Stock Alerts $5.55 +0.06 (+1.09%) (As of 05/8/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Drilling Tools International Short Interest DataCurrent Short Volume179,900 sharesPrevious Short Volume15,300 sharesChange Vs. Previous Month+1,075.82%Dollar Volume Sold Short$831,138.00Short Interest Ratio / Days to Cover4.7Last Record DateApril 15, 2024Outstanding Shares29,770,000 sharesFloat Size5,060,000 sharesShort Percent of Float3.56%Today's Trading Volume104,012 sharesAverage Trading Volume39,270 sharesToday's Volume Vs. Average265% Short Selling Drilling Tools International ? Sign up to receive the latest short interest report for Drilling Tools International and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatDTI Short Interest Over TimeDTI Days to Cover Over TimeDTI Percentage of Float Shorted Over Time Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. Drilling Tools International Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/15/2024179,900 shares $831,138.00 +1,075.8%3.6%4.7 $4.62 3/31/202415,300 shares $45,900.00 -10.5%0.3%0.5 $3.00 3/15/202417,100 shares $49,590.00 -22.6%0.3%0.7 $2.90 2/29/202422,100 shares $66,521.00 -6.0%0.4%0.9 $3.01 2/15/202423,500 shares $70,735.00 +76.7%0.5%0.8 $3.01 1/31/202413,300 shares $39,634.00 No Change0.3%0.4 $2.98 DTI Short Interest - Frequently Asked Questions What is Drilling Tools International's current short interest? Short interest is the volume of Drilling Tools International shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 179,900 shares of DTI short. 3.56% of Drilling Tools International's shares are currently sold short. Learn More on Drilling Tools International's current short interest. What is a good short interest ratio for Drilling Tools International? 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. DTI shares currently have a short interest ratio of 5.0. Learn More on Drilling Tools International's short interest ratio. What is a good short interest percentage for Drilling Tools International? Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 3.56% of Drilling Tools International's floating shares are currently sold short. Is Drilling Tools International's short interest increasing or decreasing? Drilling Tools International saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 179,900 shares, an increase of 1,075.8% from the previous total of 15,300 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. What is Drilling Tools International's float size? Drilling Tools International currently has issued a total of 29,770,000 shares. Some of Drilling Tools International's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Drilling Tools International currently has a public float of 5,060,000 shares. How does Drilling Tools International's short interest compare to its competitors? 3.56% of Drilling Tools International's shares are currently sold short. Here is how the short interest of companies compare to Drilling Tools International: Forum Energy Technologies, Inc. (1.16%), Profire Energy, Inc. (2.15%), Oil States International, Inc. (2.62%), Nauticus Robotics, Inc. (1.25%), Solaris Oilfield Infrastructure, Inc. (5.65%), Newpark Resources, Inc. (1.17%), Gevo, Inc. (13.04%), Prairie Operating Co. (3.01%), Verde Clean Fuels, Inc. (3.10%), Origin Materials, Inc. (6.96%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks. What does it mean to sell short Drilling Tools International stock? Short selling DTI is an investing strategy that aims to generate trading profit from Drilling Tools International as its price is falling. DTI shares are trading up $0.06 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. How does a short squeeze work against Drilling Tools International? A short squeeze for Drilling Tools International 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 DTI, which in turn drives the price of the stock up even further. How often is Drilling Tools International's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DTI, twice per month. The most recent reporting period available is April, 15 2024. More Short Interest Resources from MarketBeat Related Companies: Forum Energy Technologies Short Squeeze Profire Energy Short Squeeze Oil States International Short Squeeze Nauticus Robotics Short Squeeze Solaris Oilfield Infrastructure Short Squeeze Newpark Resources Short Squeeze Gevo Short Squeeze Prairie Operating Short Squeeze Verde Clean Fuels Short Squeeze Origin Materials Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:DTI) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressObama’s Forever Term [exposed]Porter & CompanyThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders