Direct Digital (DRCT) Short Interest Ratio & Short Volume

Short interest is the volume of Direct Digital shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 644,200 shares of DRCT short. 17.89% of Direct Digital's shares are currently sold short. Learn More on Direct Digital's current short interest.

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. 17.89% of Direct Digital's floating shares are currently sold short.

Direct Digital saw a drop in short interest during the month of January. As of January 31st, there was short interest totaling 644,200 shares, a drop of 11.4% from the previous total of 726,700 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.

Direct Digital currently has issued a total of 14,660,000 shares. Some of Direct Digital'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. Direct Digital currently has a public float of 3,600,000 shares.

17.89% of Direct Digital's shares are currently sold short. Here is how the short interest of companies in the industry of "business services" compare to Direct Digital: BGSF, Inc. (0.24%), Junee Limited (0.16%), WISeKey International Holding AG (3.72%), Fluent, Inc. (0.31%), SPAR Group, Inc. (1.04%), IZEA Worldwide, Inc. (0.25%), ShiftPixy, Inc. (71.76%), Katapult Holdings, Inc. (5.08%), MoneyHero Limited (0.67%), XBP Europe Holdings, Inc. (0.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling DRCT is an investing strategy that aims to generate trading profit from Direct Digital as its price is falling. DRCT shares are trading down $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 Direct Digital 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 DRCT, 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 DRCT, twice per month. The most recent reporting period available is January, 31 2025.