BNY Mellon High Yield Strategies Fund (DHF) Short Interest Ratio & Short Volume

Short interest is the volume of BNY Mellon High Yield Strategies Fund shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 100,100 shares of DHF short. Learn More on BNY Mellon High Yield Strategies Fund's current short interest.

BNY Mellon High Yield Strategies Fund saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 100,100 shares, an increase of 9.3% from the previous total of 91,600 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 in the sector of "financial services" compare to BNY Mellon High Yield Strategies Fund: Western Asset Emerging Markets Debt Fund Inc. (0.07%), Highest Performances Holdings Inc. (0.01%), RMG Acquisition Corp. III (0.32%), Nocturne Acquisition Co. (0.04%), CapStar Financial Holdings, Inc. (1.69%), MFS Special Value Trust (3.44%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling DHF is an investing strategy that aims to generate trading profit from BNY Mellon High Yield Strategies Fund 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 BNY Mellon High Yield Strategies Fund 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 DHF, 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 DHF, twice per month. The most recent reporting period available is April, 30 2024.