DAC Short Interest Overview
Danaos Corp (DAC) is currently exhibiting a stable short interest profile. As of the latest data, the borrow fee for the stock is 0.3%, and the days to cover stands at 9.4. This suggests that while there is some short interest, the pressure is not currently elevated compared to other high-squeeze candidates.
Market Sentiment
With a short interest of approximately 1.1 million shares, the market sentiment for DAC appears relatively balanced. The low borrow fee indicates that shares are readily available for lending, which typically correlates with lower short-selling pressure and reduced risk of a short squeeze in the immediate term.
Key Takeaways
- Danaos Corp (DAC) has a low borrow fee of 0.3%.
- Days to cover is currently 9.4, indicating a stable short position.
- The stock does not currently show signs of extreme short-selling pressure.
The Bottom Line
Danaos Corp is currently experiencing low short-selling pressure, with stable borrow fees and moderate days to cover, suggesting a lack of immediate squeeze risk.
Signal data sourced from CurvedTrading. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.