Famous Dave's of America (DAVE) Short Interest Ratio & Short Volume

Short interest is the volume of Famous Dave's of America shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 1,140,000 shares of DAVE short. 12.74% of Famous Dave's of America's shares are currently sold short. Learn More on Famous Dave's of America'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. DAVE shares currently have a short interest ratio of 2.0. Learn More on Famous Dave's of America's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Famous Dave's of America: FNY Investment Advisers LLC, and Parallax Volatility Advisers L.P.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 12.74% of Famous Dave's of America's floating shares are currently sold short.

Famous Dave's of America saw a increase in short interest in December. As of December 31st, there was short interest totaling 1,140,000 shares, an increase of 6.5% from the previous total of 1,070,000 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.

Famous Dave's of America currently has issued a total of 12,760,000 shares. Some of Famous Dave's of America'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. Famous Dave's of America currently has a public float of 8,950,000 shares.

12.74% of Famous Dave's of America's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to Famous Dave's of America: Riot Platforms, Inc. (19.30%), Core Scientific, Inc. (18.52%), CleanSpark, Inc. (25.88%), Walker & Dunlop, Inc. (2.63%), Burford Capital Limited (1.65%), Hut 8 Corp. (12.19%), Lufax Holding Ltd (0.98%), TeraWulf Inc. (20.83%), Perella Weinberg Partners (5.93%), Iris Energy Limited (7.59%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling DAVE is an investing strategy that aims to generate trading profit from Famous Dave's of America as its price is falling. DAVE shares are trading up $13.66 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 Famous Dave's of America 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 DAVE, 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 DAVE, twice per month. The most recent reporting period available is December, 31 2024.