DTF Tax-Free Income 2028 Term Fund (DTF) Short Interest Ratio & Short Volume

Short interest is the volume of DTF Tax-Free Income 2028 Term Fund shares that have been sold short but have not yet been covered or closed out. As of February 15th, traders have sold 2,700 shares of DTF short. Learn More on DTF Tax-Free Income 2028 Term Fund's current short interest.

DTF Tax-Free Income 2028 Term Fund saw a decrease in short interest in February. As of February 15th, there was short interest totaling 2,700 shares, a decrease of 82.6% from the previous total of 15,500 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 industry of "investment offices, not elsewhere classified" compare to DTF Tax-Free Income 2028 Term Fund: The Gabelli Convertible and Income Securities Fund Inc. (0.12%), Abrdn Japan Equity Fund Inc (0.08%), Nuveen California Select Tax-Free Income Portfolio (0.27%), SuRo Capital Corp. (0.12%), The Central and Eastern Europe Fund, Inc. (0.01%), The European Equity Fund, Inc. (0.02%), Nuveen Municipal Income Fund, Inc. (0.18%), Nuveen Massachusetts Quality Municipal Income Fund (0.15%), The Swiss Helvetia Fund Inc. (0.17%), MFS Government Markets Income Trust (0.33%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling DTF is an investing strategy that aims to generate trading profit from DTF Tax-Free Income 2028 Term 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 DTF Tax-Free Income 2028 Term 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 DTF, 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 DTF, twice per month. The most recent reporting period available is February, 15 2024.