Denali Capital Acquisition (DECAW) Short Interest Ratio & Short Volume

Short interest is the volume of Denali Capital Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 34,300 shares of DECAW short. Learn More on Denali Capital Acquisition'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. DECAW shares currently have a short interest ratio of 2.0. Learn More on Denali Capital Acquisition's short interest ratio.

Denali Capital Acquisition saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 34,300 shares, an increase of 11.7% from the previous total of 30,700 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 industry of "trading" compare to Denali Capital Acquisition: Black Hawk Acquisition Co. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling DECAW is an investing strategy that aims to generate trading profit from Denali Capital Acquisition 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 Denali Capital Acquisition 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 DECAW, 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 DECAW, twice per month. The most recent reporting period available is July, 31 2024.