DexCom (DXCM) Short Interest Ratio & Short Volume

Short interest is the volume of DexCom shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 11,770,000 shares of DXCM short. Learn More on DexCom's 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. DXCM shares currently have a short interest ratio of 4.0. Learn More on DexCom's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of DexCom: Caas Capital Management LP, Portman Square Capital LLP, HBK Investments L P, Caas Capital Management LP, Citadel Advisors LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, IMC Chicago LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Genus Capital Management Inc., and Valeo Financial Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

DexCom saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 11,770,000 shares, a drop of 19.2% from the previous total of 14,570,000 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.

Here is how the short interest of companies compare to DexCom: 3M (1.58%), ResMed Inc. (5.40%), Baxter International Inc. (1.91%), Insulet Co. (4.08%), Teleflex Incorporated (1.51%), NovoCure Limited (6.27%), Boston Scientific Co. (0.90%), West Pharmaceutical Services, Inc. (1.34%), Edwards Lifesciences Co. (1.25%), Cencora, Inc. (4.73%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling DXCM is an investing strategy that aims to generate trading profit from DexCom as its price is falling. DXCM shares are trading down $13.67 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 DexCom 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 DXCM, 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 DXCM, twice per month. The most recent reporting period available is April, 15 2024.