Short interest in Danaos Corp (NYSE:DAC) increased during the last reporting period, rising from 506.04K to 566.37K. This put 5.73% of the company's publicly available shares short.

Short interest for Danaos gives investors a sense of the degree to which investors are betting on the decline of Danaos's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 145.39K shares traded per day, it would take 3.9 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.