 This shark is often found in markets, but is not highly regarded as a food fish.The International Union for Conservation of Nature (IUCN) has assessed this species as Critically Endangered, as it has a limited distribution and is highly susceptible to overfishing due to its low reproductive rate.The daggernose shark has declined over 90% over the past decade off Brazil, and similar declines have likely also occurred elsewhere in its range as fishing pressure in the region continues to grow more intense.