Distoken Acquisition (DIST) Short Interest Ratio & Short Volume

Short interest is the volume of Distoken Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 100 shares of DIST short. Learn More on Distoken Acquisition's current short interest.

Distoken Acquisition saw a drop in short interest in October. As of October 31st, there was short interest totaling 100 shares, a drop of 50.0% from the previous total of 200 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.

Distoken Acquisition currently has issued a total of 6,430,000 shares. Some of Distoken Acquisition'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. Distoken Acquisition currently has a public float of 6,430,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Distoken Acquisition: Rigetti Computing, Inc. (16.55%), Spring Valley Acquisition Corp. II (0.05%), Cartesian Growth Co. II (0.01%), Keen Vision Acquisition Co. (0.01%), Investcorp Europe Acquisition Corp I (0.00%), Gores Holdings IX, Inc. (0.07%), Helix Acquisition Corp. II (0.03%), Investcorp India Acquisition Corp (0.05%), SilverBox Corp III (0.00%), SK Growth Opportunities Co. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling DIST is an investing strategy that aims to generate trading profit from Distoken Acquisition as its price is falling. DIST shares are trading up $0.16 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 Distoken Acquisition 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 DIST, 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 DIST, twice per month. The most recent reporting period available is October, 31 2024.