Short Interest in Digital World Acquisition Corp. Decreases By .4
DWACUDelisted Stock | USD 19.76 0.79 3.84% |
Slightly above 62% of Digital World's investor base is looking to short. The analysis of current outlook of investing in Digital World Acquisition suggests that many traders are alarmed regarding Digital World's prospects. Digital World's investing sentiment can be driven by a variety of factors including economic data, Digital World's earnings reports, geopolitical events, and overall market trends.
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Digital World Acquisition Corp. saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,000 shares, a decrease of .4 percent from the January 15th total of 3,300 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest
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Digital World Fundamental Analysis
We analyze Digital World's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital World based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Digital World is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Digital World Acquisition Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Digital World stock to make a market-neutral strategy. Peer analysis of Digital World could also be used in its relative valuation, which is a method of valuing Digital World by comparing valuation metrics with similar companies.
Peers
Digital World Related Equities
PHUN | Phunware | 1.58 |
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BKKT | Bakkt Holdings | 5.56 |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Digital Stock
If you are still planning to invest in Digital World Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digital World's history and understand the potential risks before investing.
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