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The Descartes Systems Group (DSGX) Short Interest Ratio & Short Volume

The Descartes Systems Group logo
$114.56 +0.43 (+0.38%)
(As of 10:31 AM ET)

The Descartes Systems Group Short Interest Data

The Descartes Systems Group (DSGX) has a short interest of 560,100 shares, representing 0.66% of the float (the number of shares available for trading by the public). This marks a 8.09% increase in short interest from the previous month. The short interest ratio (days to cover) is 4.3, indicating that it would take 4.3 days of the average trading volume of 152,304 shares to cover all short positions.

Current Short Interest
560,100 shares
Previous Short Interest
518,200 shares
Change Vs. Previous Month
+8.09%
Dollar Volume Sold Short
$58.21 million
Short Interest Ratio
4.3 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
85,460,000 shares
Float Size
85,160,000 shares
Short Percent of Float
0.66%
Today's Trading Volume
9,184 shares
Average Trading Volume
152,304 shares
Today's Volume Vs. Average
6%
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DSGX Short Interest Over Time

DSGX Days to Cover Over Time

DSGX Percentage of Float Shorted Over Time

The Descartes Systems Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024560,100 shares $58.21 million +8.1%0.7%4.3 $103.93
10/15/2024518,200 shares $55.64 million +18.2%0.6%4.1 $107.38
9/30/2024438,500 shares $45.15 million -14.3%0.5%3.5 $102.96
9/15/2024511,600 shares $50.26 million -5.7%0.6%3.9 $98.25
8/31/2024542,400 shares $54.72 million +2.5%0.6%4 $100.89
8/15/2024529,300 shares $52.53 million -10.9%0.6%3.7 $99.24
7/31/2024593,700 shares $60.35 million -6.9%0.7%4 $101.65
7/15/2024637,800 shares $65.73 million -3.7%0.8%3.6 $103.05
6/30/2024662,100 shares $64.12 million -11.8%0.8%3.5 $96.84
6/15/2024750,300 shares $70.67 million +32.8%0.9%4.1 $94.19
5/31/2024565,200 shares $52.18 million +13.1%0.7%3.1 $92.33
5/15/2024499,900 shares $48.78 million -19.5%0.6%2.7 $97.58
4/30/2024621,200 shares $57.64 million +34.9%0.7%3.5 $92.79
4/15/2024460,600 shares $40.23 million -8.4%0.5%2.7 $87.35
3/31/2024502,600 shares $46.00 million +13.0%0.6%3.5 $91.53
3/15/2024444,900 shares $41.06 million +31.2%0.5%3.1 $92.30
2/29/2024339,000 shares $29.38 million -9.2%0.4%2.1 $86.67
2/15/2024373,500 shares $32.68 million +5.5%0.4%2.2 $87.50
1/31/2024354,100 shares $31.02 million +3.8%0.4%2.1 $87.59
1/15/2024341,300 shares $28.91 million -0.1%0.4%2 $84.71
12/31/2023341,500 shares $28.71 million -2.6%N/A0 $84.06
12/15/2023350,700 shares $29.56 million -44.3%0.4%2.2 $84.29
11/30/2023629,300 shares $51.00 million -6.6%0.7%4 $81.04
11/15/2023674,000 shares $53.91 million +1.5%0.8%5.4 $79.99
10/31/2023663,800 shares $47.93 million +8.1%0.8%5.7 $72.21
10/15/2023613,900 shares $45.28 million -5.3%0.7%6 $73.75
9/30/2023648,200 shares $47.56 million +7.4%0.8%6.4 $73.38
9/15/2023603,500 shares $45.07 million +0.1%0.7%5.7 $74.68
8/31/2023603,100 shares $45.21 million +9.3%0.7%5.2 $74.96
8/15/2023551,700 shares $40.07 million -7.0%0.7%4.4 $72.63
7/31/2023593,100 shares $46.18 million -5.2%0.7%4.4 $77.87
7/15/2023625,500 shares $49.73 million +5.8%0.7%4.4 $79.51
6/30/2023591,200 shares $47.36 million +1.6%0.7%3.7 $80.11
6/15/2023582,000 shares $46.17 million -19.0%0.7%3.6 $79.33
5/31/2023718,500 shares $55.56 million +19.3%0.9%4.6 $77.33
5/15/2023602,100 shares $46.74 million No Change0.7%4 $77.62
10/31/2022681,100 shares $47.04 million +5.1%N/A3.9 $69.07
10/15/2022647,900 shares $42.19 million +36.8%N/A4.5 $65.12
9/30/2022473,500 shares $30.08 million +7.3%N/A3.6 $63.53
9/15/2022441,400 shares $30.44 million -0.7%N/A3.2 $68.96
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8/31/2022444,400 shares $31.29 million -12.1%0.5%2.9 $70.40
8/15/2022505,700 shares $36.13 million -12.3%0.6%3.2 $71.45
7/31/2022576,500 shares $39.80 million +16.1%0.7%3.2 $69.04
7/15/2022496,500 shares $31.98 million +5.2%0.6%2.6 $64.42
6/30/2022471,900 shares $29.29 million -8.6%0.6%2.2 $62.06
6/15/2022516,500 shares $31.34 million +114.0%0.6%2.5 $60.68
5/31/2022241,400 shares $14.33 million -34.0%0.3%1.2 $59.35
5/15/2022366,000 shares $21.95 million +58.2%0.4%1.7 $59.96
4/30/2022231,400 shares $14.38 million +13.4%0.3%1.1 $62.15
4/15/2022204,100 shares $12.49 million -11.8%0.2%0.9 $61.19
3/31/2022231,500 shares $16.96 million -3.3%N/A0 $73.26
3/15/2022239,400 shares $17.01 million -2.0%N/A1.2 $71.07
2/28/2022244,300 shares $17.41 million -12.6%0.3%1.2 $71.26
2/15/2022279,400 shares $20.09 million +7.3%0.3%1.4 $71.89
1/31/2022260,500 shares $18.96 million +50.7%0.3%1.5 $72.77
1/15/2022172,900 shares $12.17 million +4.4%N/A1.1 $70.38
12/31/2021165,700 shares $13.70 million -15.7%0.2%1.3 $82.68
12/15/2021196,600 shares $15.19 million -1.3%0.2%1.7 $77.26
11/30/2021199,200 shares $16.01 million -18.8%N/A0 $80.36
11/15/2021245,200 shares $21.64 million +12.6%0.3%2.7 $88.24
10/29/2021217,800 shares $17.81 million -21.3%0.3%2.5 $81.77
10/15/2021276,600 shares $23.04 million +9.3%0.3%3.5 $83.29
9/30/2021253,000 shares $20.56 million -0.9%0.3%3.4 $81.26
9/15/2021255,200 shares $21.31 million +49.4%0.3%3.5 $83.50
8/31/2021170,800 shares $13.39 million -19.8%0.2%2.7 $78.40
8/13/2021213,000 shares $15.62 million -1.3%0.3%3.1 $73.31
7/30/2021215,800 shares $15.68 million -22.4%0.3%2.7 $72.66
7/15/2021278,100 shares $19.15 million +5.1%0.3%3.3 $68.85
6/30/2021264,700 shares $18.31 million -40.7%0.3%3 $69.16
6/15/2021446,300 shares $30.00 million +33.7%0.5%5.1 $67.21
5/28/2021333,700 shares $19.50 million -16.8%0.4%3.7 $58.44
5/14/2021401,200 shares $23.13 million -1.4%0.5%4 $57.66
4/30/2021406,700 shares $26.81 million -13.6%0.5%4.2 $65.92
4/15/2021470,800 shares $30.98 million -3.5%0.6%4.9 $65.81
3/31/2021487,600 shares $28.91 million -17.9%0.6%4.4 $59.29
3/15/2021593,600 shares $36.78 million +78.7%0.7%5.3 $61.96
2/26/2021332,100 shares $19.30 million -27.5%0.4%2.8 $58.12
2/12/2021458,000 shares $29.33 million -11.2%0.5%4 $64.05
1/29/2021515,800 shares $31.93 million +40.4%0.6%4.5 $61.91
1/15/2021367,300 shares $21.66 million -13.2%0.4%3.2 $58.96
12/31/2020423,300 shares $24.61 million -2.2%0.5%4.1 $58.14
12/15/2020432,600 shares $24.47 million -14.7%0.5%3.9 $56.57
11/30/2020507,100 shares $29.43 million -2.1%0.6%4.1 $58.03
11/15/2020518,100 shares $28.96 million -6.2%0.6%3.9 $55.90
10/30/2020552,200 shares $29.18 million -3.2%0.7%4.2 $52.85
10/15/2020570,500 shares $31.91 million -14.2%0.7%4.1 $55.94
9/30/2020665,000 shares $37.89 million -28.9%0.8%4.3 $56.98
9/15/2020934,700 shares $50.40 million -5.7%1.1%5.9 $53.92
8/31/2020991,600 shares $60.44 million -4.7%1.2%5.9 $60.95
8/14/20201,040,000 shares $56.69 million +7.2%1.2%6.3 $54.51
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7/31/2020970,200 shares $54.65 million -15.6%1.2%5.8 $56.33
7/15/20201,150,000 shares $59.59 million -16.7%1.4%6.2 $51.82
6/30/20201,380,000 shares $70.09 million -0.7%1.7%7.6 $50.79
6/15/20201,390,000 shares $69.11 million +11.2%1.7%7.2 $49.72
5/29/20201,250,000 shares $56.69 million -3.1%1.5%6.2 $45.35
5/15/20201,290,000 shares $55.72 million +0.8%1.5%6.6 $43.19
4/30/20201,280,000 shares $54.94 million +17.4%1.5%6.9 $42.92
4/15/20201,090,000 shares $41.42 million +2.8%1.3%6.8 $38.00
3/31/20201,060,000 shares $41.81 million -4.9%1.3%6.7 $39.44
3/13/20201,114,600 shares $41.14 million +67.9%1.3%5.8 $36.91
2/28/2020664,000 shares $19.36 million -8.2%0.8%5.8 $29.16
2/14/2020723,100 shares $27.20 million -7.9%0.9%7.3 $37.61
1/31/2020784,900 shares $33.88 million +11.3%0.9%8.4 $43.17
1/15/2020705,100 shares $32.82 million +11.0%0.8%7.6 $46.55
12/31/2019635,100 shares $29.10 million -0.7%0.8%7 $45.82

DSGX Short Interest - Frequently Asked Questions

What is The Descartes Systems Group's current short interest?

Short interest is the volume of The Descartes Systems Group shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 560,100 shares of DSGX short. 0.66% of The Descartes Systems Group's shares are currently sold short. Learn More on The Descartes Systems Group's current short interest.

What is a good short interest ratio for The Descartes Systems Group?

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. DSGX shares currently have a short interest ratio of 4.0. Learn More on The Descartes Systems Group's short interest ratio.

Which institutional investors are shorting The Descartes Systems Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of The Descartes Systems Group: Walleye Capital LLC, Genus Capital Management Inc., and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for The Descartes Systems Group?

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. 0.66% of The Descartes Systems Group's floating shares are currently sold short.

Is The Descartes Systems Group's short interest increasing or decreasing?

The Descartes Systems Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 560,100 shares, an increase of 8.1% from the previous total of 518,200 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.

What is The Descartes Systems Group's float size?

The Descartes Systems Group currently has issued a total of 85,460,000 shares. Some of The Descartes Systems Group'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. The Descartes Systems Group currently has a public float of 85,160,000 shares.

How does The Descartes Systems Group's short interest compare to its competitors?

0.66% of The Descartes Systems Group's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to The Descartes Systems Group: AppFolio, Inc. (1.47%), Q2 Holdings, Inc. (5.61%), Asana, Inc. (10.97%), JFrog Ltd. (3.69%), Everbridge, Inc. (3.60%), HubSpot, Inc. (2.01%), Veeva Systems Inc. (1.48%), Cloudflare, Inc. (2.95%), Roblox Co. (5.10%), Zscaler, Inc. (4.59%),

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 The Descartes Systems Group stock?

Short selling DSGX is an investing strategy that aims to generate trading profit from The Descartes Systems Group as its price is falling. DSGX shares are trading up $0.52 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 The Descartes Systems Group?

A short squeeze for The Descartes Systems Group 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 DSGX, which in turn drives the price of the stock up even further.

How often is The Descartes Systems Group's 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 DSGX, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:DSGX) was last updated on 11/21/2024 by MarketBeat.com Staff
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