Digital World Acquisition Corp. Sees Significant Increase in Short Interest
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.
Digital |
Digital World Acquisition Corp. was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 1,200 shares, an increase of 71.4 percent from the March 15th total of 700 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio
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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.
Number Of Employees
Number Of Employees Comparative Analysis
Digital World is currently under evaluation in number of employees category among its peers. Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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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