Solo Brands, Inc. ( NYSE:DTC – Get Rating ) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 2,440,000 shares, a growth of 75.5% from the April 30th total of 1,390,000 shares. Currently, 7.6% of the shares of the stock are sold short. Based on an average daily volume of 687,500 shares, the days-to-cover ratio is currently 3.5 days. Analysts Set New Price Targets Several analysts have weighed in on the company. Citigroup boosted their price objective on Solo Brands from $9.

https://www.dailypolitical.com/2023/05/28/solo-brands-inc-nysedtc-sees-large-growth-in-short-interest.html

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