DiDi Global (DIDIY) Short Interest Ratio & Short Volume

Short interest is the volume of DiDi Global shares that have been sold short but have not yet been closed out or covered. As of May 31st, traders have sold 36,600,000 shares of DIDIY short. 0.86% of DiDi Global's shares are currently sold short. Learn More on DiDi Global'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. 0.86% of DiDi Global's floating shares are currently sold short.

DiDi Global saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 36,600,000 shares, an increase of 16.3% from the previous total of 31,470,000 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.

0.86% of DiDi Global's shares are currently sold short. Here is how the short interest of companies in the industry of "business services, not elsewhere classified" compare to DiDi Global: Relx Plc (0.12%), PayPal Holdings, Inc. (2.29%), DoorDash, Inc. (2.80%), Fair Isaac Co. (2.63%), MSCI Inc. (1.14%), Fidelity National Information Services, Inc. (2.38%), Trip.com Group Limited (2.21%), CoStar Group, Inc. (2.70%), eBay Inc. (4.19%), Global Payments Inc. (2.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.12 billion), Palo Alto Networks, Inc. ($3.85 billion), Lucid Group, Inc. ($2.66 billion), HP Inc. ($2.31 billion), Coinbase Global, Inc. ($2.14 billion), GameStop Corp. ($1.94 billion), T. Rowe Price Group, Inc. ($1.91 billion), Chesapeake Energy Co. ($1.79 billion), Rivian Automotive, Inc. ($1.62 billion), and Carnival Co. & plc ($1.59 billion). View all of the most shorted stocks.

Short selling DIDIY is an investing strategy that aims to generate trading profit from DiDi Global as its price is falling. DIDIY 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 DiDi Global 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 DIDIY, 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 DIDIY, twice per month. The most recent reporting period available is May, 31 2022.