Short interest in Danaos Corp (NYSE:DAC) decreased during the last reporting period, falling from 574.35K to 555.10K. This put 5.62% 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 116.92K shares traded per day, it would take 4.75 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.