DNP Select Income Fund (DNP) Short Interest Ratio & Short Volume

Short interest is the volume of DNP Select Income Fund shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 165,000 shares of DNP short. Learn More on DNP Select Income Fund's current short interest.

DNP Select Income Fund saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 165,000 shares, a decline of 34.8% from the previous total of 253,200 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 "finance" compare to DNP Select Income Fund: Hercules Capital, Inc. (3.55%), Adams Diversified Equity Fund, Inc. (0.52%), PIMCO Corporate & Income Opportunity Fund (0.35%), Liberty All-Star Equity Fund (0.16%), Nuveen Municipal Value Fund, Inc. (0.05%), Goldman Sachs BDC, Inc. (1.33%), Royce Value Trust Inc. (0.01%), Tri-Continental Co. (1.49%), The Gabelli Equity Trust Inc. (0.02%), SRH Total Return Fund, Inc. (0.00%),

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 DNP is an investing strategy that aims to generate trading profit from DNP Select Income Fund as its price is falling. DNP shares are trading down $0.10 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 DNP Select Income 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 DNP, 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 DNP, twice per month. The most recent reporting period available is April, 30 2024.