Distoken Acquisition (DISTW) Short Interest Ratio & Short Volume

Short interest is the volume of Distoken Acquisition shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 800 shares of DISTW short. Learn More on Distoken Acquisition's current short interest.

Distoken Acquisition saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 800 shares, an increase of 14.3% from the previous total of 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 "shell companies" compare to Distoken Acquisition: Aimfinity Investment Corp. I (0.01%), 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 DISTW is an investing strategy that aims to generate trading profit from Distoken Acquisition as its price is falling. DISTW shares are trading up $0.02 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 increases in price. This forces short sellers to cover their short interest positions by buying actual shares of DISTW, 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 DISTW, twice per month. The most recent reporting period available is July, 31 2024.