Deer Consumer Products (DEER) Short Interest Ratio & Short Volume

Short interest is the volume of Deer Consumer Products shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 372,300 shares of DEER short. Learn More on Deer Consumer Products' current short interest.

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. DEER shares currently have a short interest ratio of 113.0. Learn More on Deer Consumer Products's short interest ratio.

Here is how the short interest of companies in the industry of "machinery" compare to Deer Consumer Products: Chicago Rivet & Machine Co. (0.74%), Hongli Group Inc. (0.24%), ASML Holding (0.30%), Carrier Global Co. (1.52%), and Johnson Controls International plc (1.34%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling DEER is an investing strategy that aims to generate trading profit from Deer Consumer Products as its price is falling. 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 Deer Consumer Products 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 DEER, 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 DEER, twice per month. The most recent reporting period available is October, 15 2024.