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Desktop Metal (DM) Short Interest Ratio & Short Volume

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$4.50 -0.08 (-1.75%)
(As of 11/15/2024 ET)

Desktop Metal Short Interest Data

Desktop Metal (DM) has a short interest of 2.70 million shares, representing 14.26% of the float (the number of shares available for trading by the public). This marks a -2.88% decrease in short interest from the previous month. The short interest ratio (days to cover) is 12.8, indicating that it would take 12.8 days of the average trading volume of 274,695 shares to cover all short positions.

Current Short Interest
2,700,000 shares
Previous Short Interest
2,780,000 shares
Change Vs. Previous Month
-2.88%
Dollar Volume Sold Short
$13.28 million
Short Interest Ratio
12.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
33,340,000 shares
Float Size
18,930,000 shares
Short Percent of Float
14.26%
Today's Trading Volume
355,550 shares
Average Trading Volume
274,695 shares
Today's Volume Vs. Average
129%
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DM Short Interest Over Time

DM Days to Cover Over Time

DM Percentage of Float Shorted Over Time

Desktop Metal Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20242,700,000 shares $13.28 million -2.9%14.3%12.8 $4.92
10/15/20242,780,000 shares $13.59 million +2.2%14.7%11 $4.89
9/30/20242,720,000 shares $12.70 million +2.6%14.4%8 $4.67
9/15/20242,650,000 shares $12.40 million -2.9%13.9%4.8 $4.68
8/31/20242,730,000 shares $11.98 million -25.8%14.2%4 $4.39
8/15/20243,680,000 shares $15.12 million -3.9%19.2%5.3 $4.11
7/31/20243,830,000 shares $18.04 million -1.8%14.7%5.4 $4.71
7/15/20243,900,000 shares $19.58 million -36.0%14.8%5.9 $5.02
6/30/20246,090,000 shares $25.15 million +4.5%22.0%9.8 $4.13
6/15/20245,830,000 shares $22.39 million +0.9%28.7%14.7 $3.84
5/31/20245,780,000 shares $32.58 million -90.4%28.2%19.1 $5.64
5/15/202459,880,000 shares $37.42 million -2.4%29.1%18.6 $0.62
4/30/202461,360,000 shares $48.24 million -5.6%29.5%19.2 $0.79
4/15/202465,010,000 shares $55.79 million -0.3%31.8%18.7 $0.86
3/31/202465,200,000 shares $57.38 million -4.1%31.8%17.8 $0.88
3/15/202468,010,000 shares $44.37 million -2.9%33.2%18.4 $0.65
2/29/202470,060,000 shares $43.50 million +1.6%34.2%17.4 $0.62
2/15/202468,990,000 shares $42.15 million -2.8%33.8%17.9 $0.61
1/31/202470,990,000 shares $46.05 million +4.4%34.9%19.2 $0.65
1/15/202467,990,000 shares $42.15 million -0.6%33.3%18.5 $0.62
12/31/202368,380,000 shares $51.35 million -2.5%32.1%19.7 $0.75
12/15/202370,140,000 shares $51.54 million -5.5%32.9%21.4 $0.73
11/30/202374,190,000 shares $51.91 million -3.3%34.8%27.1 $0.70
11/15/202376,680,000 shares $67.24 million +4.6%35.9%29.7 $0.88
10/31/202373,340,000 shares $63.54 million +4.0%33.9%29.5 $0.87
10/15/202370,540,000 shares $84.65 million +1.0%31.6%30.7 $1.20
9/30/202369,850,000 shares $101.98 million +1.5%31.2%30.1 $1.46
9/15/202368,850,000 shares $103.96 million +1.1%30.8%28.9 $1.51
8/31/202368,080,000 shares $122.20 million -0.4%30.5%25.6 $1.80
8/15/202368,320,000 shares $105.90 million -0.3%30.3%20.7 $1.55
7/31/202368,510,000 shares $124.69 million -0.6%31.5%19.1 $1.82
7/15/202368,940,000 shares $126.16 million +0.8%31.9%17.6 $1.83
6/30/202368,420,000 shares $121.10 million +1.7%31.2%17.6 $1.77
6/15/202367,280,000 shares $143.31 million -4.4%30.7%17.3 $2.13
5/31/202370,360,000 shares $129.81 million -3.3%32.2%18.3 $1.85
5/15/202372,750,000 shares $127.31 million -2.4%30.0%17.8 $1.75
4/30/202374,520,000 shares $163.94 million +1.7%31.0%19.3 $2.20
4/15/202373,280,000 shares $161.22 million +2.0%30.5%18.6 $2.20
3/31/202371,860,000 shares $165.28 million -0.3%30.0%17.3 $2.30
3/15/202372,100,000 shares $156.46 million +2.5%30.1%16.9 $2.17
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2/28/202370,360,000 shares $106.95 million +1.8%29.3%16 $1.52
2/15/202369,090,000 shares $127.13 million +1.3%28.9%20.3 $1.84
1/31/202368,180,000 shares $114.54 million +1.2%31.2%18.4 $1.68
1/15/202367,390,000 shares $122.65 million +2.3%28.2%19 $1.82
12/30/202265,850,000 shares $89.56 million +2.8%27.6%19.3 $1.36
12/15/202264,070,000 shares $94.82 million +2.3%26.8%18.3 $1.48
11/30/202262,620,000 shares $128.37 million +5.3%26.3%18.4 $2.05
11/15/202259,490,000 shares $146.35 million -2.5%27.1%16.8 $2.46
10/31/202261,040,000 shares $154.43 million -1.7%27.9%13.8 $2.53
10/15/202262,110,000 shares $142.23 million +2.0%28.4%13.5 $2.29
9/30/202260,890,000 shares $157.71 million +2.9%27.8%12.4 $2.59
9/15/202259,150,000 shares $199.93 million -2.6%27.1%10.5 $3.38
8/31/202260,740,000 shares $193.15 million -7.2%27.9%10 $3.18
8/15/202265,470,000 shares $215.40 million +4.3%30.0%9.8 $3.29
7/31/202262,750,000 shares $133.66 million +0.7%29.0%6.5 $2.13
7/15/202262,340,000 shares $153.36 million +5.3%28.8%6.3 $2.46
6/30/202259,200,000 shares $130.24 million +5.4%27.3%6.1 $2.20
6/15/202256,150,000 shares $118.48 million +0.5%26.0%5.9 $2.11
5/31/202255,850,000 shares $114.49 million -2.6%25.8%6 $2.05
5/15/202257,350,000 shares $107.82 million +124.6%26.5%6.2 $1.88
4/30/202225,540,000 shares $89.65 million -0.8%11.9%4.5 $3.51
4/15/202225,740,000 shares $109.65 million -7.9%11.9%4.4 $4.26
3/31/202227,940,000 shares $132.44 million +6.5%13.0%4.7 $4.74
3/15/202226,230,000 shares $99.41 million -10.0%12.2%4.3 $3.79
2/28/202229,140,000 shares $121.22 million -1.1%13.6%4.9 $4.16
2/15/202229,460,000 shares $128.45 million +0.6%13.8%5.1 $4.36
1/31/202229,280,000 shares $119.76 million +17.4%13.8%4.6 $4.09
1/15/202224,950,000 shares $108.53 million No Change11.8%3.7 $4.35
12/31/202124,950,000 shares $123.50 million +0.0%11.8%3.9 $4.95
12/15/202124,940,000 shares $135.67 million +0.1%11.8%4 $5.44
11/30/202124,920,000 shares $162.48 million -9.8%13.0%3.9 $6.52
11/15/202127,620,000 shares $221.51 million +2.9%14.4%4.6 $8.02
10/29/202126,840,000 shares $187.61 million +5.5%16.6%4.4 $6.99
10/15/202125,430,000 shares $175.98 million +7.4%15.7%5 $6.92
9/30/202123,670,000 shares $169.71 million +11.2%14.7%4.6 $7.17
9/15/202121,290,000 shares $168.83 million +6.4%13.6%3.8 $7.93
8/31/202120,010,000 shares $166.08 million -4.1%13.0%3.7 $8.30
8/13/202120,860,000 shares $174.60 million -1.5%13.5%3.7 $8.37
7/30/202121,180,000 shares $190.62 million +2.7%14.0%4.3 $9.00
7/15/202120,630,000 shares $193.51 million +3.8%13.6%4.3 $9.38
6/30/202119,870,000 shares $228.51 million -2.9%13.1%4.2 $11.50
6/15/202120,460,000 shares $244.29 million -12.5%13.0%5 $11.94
5/28/202123,370,000 shares $308.72 million +3.7%15.8%5.9 $13.21
5/14/202122,540,000 shares $263.72 million +12.7%15.7%5.8 $11.70
4/30/202120,000,000 shares $291.80 million +25.3%14.6%5 $14.59
4/15/202115,960,000 shares $210.19 million +23.2%11.7%3.9 $13.17
3/31/202112,960,000 shares $191.03 million +109.7%9.5%3 $14.74
3/15/20216,180,000 shares $126.32 million -0.6%4.9%1.5 $20.44
2/26/20216,220,000 shares $128.51 million +16.0%5.0%1.4 $20.66
2/12/20215,360,000 shares $156.89 million -44.0%4.3%1.2 $29.27
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1/29/20219,570,000 shares $230.25 million +48.1%6.0%2.5 $24.06
1/15/20216,460,000 shares $150.84 million No Change4.0%2 $23.35

DM Short Interest - Frequently Asked Questions

What is Desktop Metal's current short interest?

Short interest is the volume of Desktop Metal shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 2,700,000 shares of DM short. 14.26% of Desktop Metal's shares are currently sold short. Learn More on Desktop Metal's current short interest.

What is a good short interest ratio for Desktop Metal?

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. DM shares currently have a short interest ratio of 13.0. Learn More on Desktop Metal's short interest ratio.

Which institutional investors are shorting Desktop Metal?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Desktop Metal: Ionic Capital Management LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Desktop Metal?

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. 14.26% of Desktop Metal's floating shares are currently sold short.

Is Desktop Metal's short interest increasing or decreasing?

Desktop Metal saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 2,700,000 shares, a decrease of 2.9% from the previous total of 2,780,000 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 Desktop Metal's float size?

Desktop Metal currently has issued a total of 33,340,000 shares. Some of Desktop Metal'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. Desktop Metal currently has a public float of 18,930,000 shares.

How does Desktop Metal's short interest compare to its competitors?

14.26% of Desktop Metal's shares are currently sold short. Here is how the short interest of companies in the industry of "machinery" compare to Desktop Metal: Hesai Group (3.85%), Ouster, Inc. (13.62%), Montana Technologies Co. (1.36%), Planet Image International Limited (1.96%), Taylor Devices, Inc. (3.84%), TPI Composites, Inc. (14.07%), Profire Energy, Inc. (0.43%), Perma-Pipe International Holdings, Inc. (0.27%), Manitex International, Inc. (0.81%), Drilling Tools International Co. (3.17%),

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 Desktop Metal stock?

Short selling DM is an investing strategy that aims to generate trading profit from Desktop Metal as its price is falling. DM shares are trading down $0.08 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 Desktop Metal?

A short squeeze for Desktop Metal 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 DM, which in turn drives the price of the stock up even further.

How often is Desktop Metal'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 DM, twice per month. The most recent reporting period available is October, 31 2024.




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