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Driven Brands (DRVN) Short Interest Ratio & Short Volume

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$16.64 +0.07 (+0.42%)
(As of 11/15/2024 ET)

Driven Brands Short Interest Data

Driven Brands (DRVN) has a short interest of 8.92 million shares, representing 15.38% of the float (the number of shares available for trading by the public). This marks a -2.83% decrease in short interest from the previous month. The short interest ratio (days to cover) is 13.8, indicating that it would take 13.8 days of the average trading volume of 740,356 shares to cover all short positions.

Current Short Interest
8,920,000 shares
Previous Short Interest
9,180,000 shares
Change Vs. Previous Month
-2.83%
Dollar Volume Sold Short
$132.46 million
Short Interest Ratio
13.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
164,110,000 shares
Float Size
58,000,000 shares
Short Percent of Float
15.38%
Today's Trading Volume
477,971 shares
Average Trading Volume
740,356 shares
Today's Volume Vs. Average
65%
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DRVN Short Interest Over Time

DRVN Days to Cover Over Time

DRVN Percentage of Float Shorted Over Time

Driven Brands Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20248,920,000 shares $132.46 million -2.8%15.4%13.8 $14.85
10/15/20249,180,000 shares $133.02 million +3.0%15.8%13.9 $14.49
9/30/20248,910,000 shares $127.15 million +4.5%15.4%11.9 $14.27
9/15/20248,530,000 shares $120.61 million +1.8%14.7%8.5 $14.14
8/31/20248,380,000 shares $120.17 million +4.1%14.5%7.6 $14.34
8/15/20248,050,000 shares $111.57 million +4.4%13.8%6.8 $13.86
7/31/20247,710,000 shares $103.62 million +2.5%13.2%5.8 $13.44
7/15/20247,520,000 shares $101.37 million +31.2%12.9%4.8 $13.48
6/30/20245,730,000 shares $72.94 million +65.1%9.8%3.8 $12.73
6/15/20243,470,000 shares $39.11 million -15.8%6.0%2.6 $11.27
5/31/20244,120,000 shares $47.34 million -7.0%7.1%3.2 $11.49
5/15/20244,430,000 shares $49.93 million -6.1%7.6%3.4 $11.27
4/30/20244,720,000 shares $67.64 million -3.7%8.2%3.6 $14.33
4/15/20244,900,000 shares $71.79 million +12.9%8.5%4.6 $14.65
3/31/20244,340,000 shares $68.53 million -6.9%7.5%4 $15.79
3/15/20244,660,000 shares $67.85 million +1.1%8.1%4.1 $14.56
2/29/20244,610,000 shares $63.57 million +18.8%8.0%4 $13.79
2/15/20243,880,000 shares $53.16 million +14.5%6.7%3.3 $13.70
1/31/20243,390,000 shares $44.44 million +6.6%5.8%3.1 $13.11
1/15/20243,180,000 shares $42.14 million -7.3%5.5%2.6 $13.25
12/31/20233,430,000 shares $48.91 million -6.5%5.9%2.8 $14.26
12/15/20233,670,000 shares $51.56 million +2.5%6.3%2.8 $14.05
11/30/20233,580,000 shares $47.08 million +7.2%5.9%2.6 $13.15
11/15/20233,340,000 shares $41.38 million -5.4%5.5%2.4 $12.39
10/31/20233,530,000 shares $40.17 million +35.8%5.7%2.4 $11.38
10/15/20232,600,000 shares $29.25 million +39.0%4.2%1.4 $11.25
9/30/20231,870,000 shares $23.54 million -8.8%3.0%1.1 $12.59
9/15/20232,050,000 shares $27.98 million +43.4%3.3%1.3 $13.65
8/31/20231,430,000 shares $21.52 million -26.3%2.3%1.1 $15.05
8/15/20231,940,000 shares $28.87 million -8.9%3.1%1.6 $14.88
7/31/20232,130,000 shares $55.10 million -11.3%3.4%1.9 $25.87
7/15/20232,400,000 shares $64.56 million No Change3.9%4.3 $26.90
6/30/20232,400,000 shares $64.94 million -5.9%3.9%4.3 $27.06
6/15/20232,550,000 shares $67.80 million +11.8%4.1%4.5 $26.59
5/31/20232,280,000 shares $56.61 million -21.9%3.7%4.1 $24.83
5/15/20232,920,000 shares $83.13 million -11.5%4.7%5.7 $28.47
4/30/20233,300,000 shares $101.31 million -0.9%5.3%6.9 $30.70
4/15/20233,330,000 shares $99.60 million +4.1%5.4%7.2 $29.91
3/31/20233,200,000 shares $96.99 million +7.4%5.2%6.6 $30.31
3/15/20232,980,000 shares $83.77 million -19.7%4.8%6.1 $28.11
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2/28/20233,710,000 shares $103.79 million +4.8%6.0%7.3 $27.98
2/15/20233,540,000 shares $104.43 million -6.1%5.7%6.9 $29.50
1/31/20233,770,000 shares $110.05 million -8.3%6.1%7.5 $29.19
1/15/20234,110,000 shares $116.15 million +2.5%6.6%6.7 $28.26
12/30/20224,010,000 shares $109.51 million +20.4%6.5%6.6 $27.31
12/15/20223,330,000 shares $90.54 million +5.4%5.4%5.2 $27.19
11/30/20223,160,000 shares $96.10 million -14.1%5.1%4.3 $30.41
11/15/20223,680,000 shares $114.45 million -5.2%5.9%5.1 $31.10
10/31/20223,880,000 shares $124.08 million +12.1%6.3%5.4 $31.98
10/15/20223,460,000 shares $103.87 million +5.8%5.6%5.2 $30.02
9/30/20223,270,000 shares $91.49 million -9.9%5.3%5.5 $27.98
9/15/20223,630,000 shares $119.83 million -1.6%5.9%6.7 $33.01
8/31/20223,690,000 shares $115.98 million +31.3%4.1%8.4 $31.43
8/15/20222,810,000 shares $90.59 million -4.8%3.1%6.8 $32.24
7/31/20222,950,000 shares $89.62 million -5.8%3.3%6.9 $30.38
7/15/20223,130,000 shares $88.49 million +1.3%3.5%7.4 $28.27
6/30/20223,090,000 shares $85.10 million +17.9%3.5%7.3 $27.54
6/15/20222,620,000 shares $71.81 million +5.2%2.9%6.2 $27.41
5/31/20222,490,000 shares $72.06 million -13.2%2.8%6 $28.94
5/15/20222,870,000 shares $75.74 million +34.7%3.2%6.3 $26.39
4/30/20222,130,000 shares $59.41 million +3.4%2.4%4.5 $27.89
4/15/20222,060,000 shares $54.90 million -14.5%2.3%4.4 $26.65
3/31/20222,410,000 shares $63.33 million -14.2%N/A4.9 $26.28
3/15/20222,810,000 shares $74.24 million +20.1%3.1%5.6 $26.42
2/28/20222,340,000 shares $68.73 million -1.3%2.6%4.5 $29.37
2/15/20222,370,000 shares $71.38 million +25.4%2.7%4.6 $30.12
1/31/20221,890,000 shares $53.39 million -8.3%2.1%4.2 $28.25
1/15/20222,060,000 shares $65.34 million +40.1%N/A4.1 $31.72
12/31/20211,470,000 shares $49.42 million -3.9%2.6%3.1 $33.62
12/15/20211,530,000 shares $51.70 million +15.9%2.7%3.4 $33.79
11/30/20211,320,000 shares $40.74 million +13.8%2.3%3.2 $30.86
11/15/20211,160,000 shares $37.04 million -33.0%2.0%2.7 $31.93
10/29/20211,730,000 shares $56.17 million -2.3%3.0%3.4 $32.47
10/15/20211,770,000 shares $51.79 million +13.5%3.1%2.7 $29.26
9/30/20211,560,000 shares $45.07 million +7.6%2.7%2.5 $28.89
9/15/20211,450,000 shares $43.34 million +31.8%2.5%2.3 $29.89
8/31/20211,100,000 shares $32.87 million -32.5%1.9%1.8 $29.88
8/13/20211,630,000 shares $46.62 million No Change2.8%2.8 $28.60

DRVN Short Interest - Frequently Asked Questions

What is Driven Brands' current short interest?

Short interest is the volume of Driven Brands shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 8,920,000 shares of DRVN short. 15.38% of Driven Brands' shares are currently sold short. Learn More on Driven Brands' current short interest.

What is a good short interest ratio for Driven Brands?

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. DRVN shares currently have a short interest ratio of 14.0. Learn More on Driven Brands's short interest ratio.

What is a good short interest percentage for Driven Brands?

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. 15.38% of Driven Brands' floating shares are currently sold short.

Is Driven Brands' short interest increasing or decreasing?

Driven Brands saw a drop in short interest in October. As of October 31st, there was short interest totaling 8,920,000 shares, a drop of 2.8% from the previous total of 9,180,000 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.

What is Driven Brands' float size?

Driven Brands currently has issued a total of 164,114,000 shares. Some of Driven Brands' 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. Driven Brands currently has a public float of 58,000,000 shares.

How does Driven Brands' short interest compare to its competitors?

15.38% of Driven Brands' shares are currently sold short. Here is how the short interest of companies in the industry of "personal services" compare to Driven Brands: Graham Holdings (1.71%), Laureate Education, Inc. (2.75%), Mister Car Wash, Inc. (11.38%), Afya Limited (12.30%), Perdoceo Education Co. (7.71%), Udemy, Inc. (7.91%), IRSA Inversiones y Representaciones Sociedad Anónima (0.32%), SunCar Technology Group Inc. (1.10%), Gaotu Techedu Inc. (5.84%), Youdao, Inc. (0.64%),

Which stocks are the most shorted right now?

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.

What does it mean to sell short Driven Brands stock?

Short selling DRVN is an investing strategy that aims to generate trading profit from Driven Brands as its price is falling. DRVN shares are trading up $0.07 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.

How does a short squeeze work against Driven Brands?

A short squeeze for Driven Brands 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 DRVN, which in turn drives the price of the stock up even further.

How often is Driven Brands' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DRVN, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:DRVN) was last updated on 11/17/2024 by MarketBeat.com Staff
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