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Cango (CANG) Short Interest Ratio & Short Volume

$1.66
-0.05 (-2.65%)
(As of 04:34 PM ET)

Cango Short Interest Data

Current Short Interest
20,500 shares
Previous Short Interest
84,800 shares
Change Vs. Previous Month
-75.83%
Dollar Volume Sold Short
$33,107.50
Short Interest Ratio
0.4 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
108,920,000 shares
Float Size
68,630,000 shares
Short Percent of Float
0.03%
Today's Trading Volume
23,130 shares
Average Trading Volume
58,678 shares
Today's Volume Vs. Average
39%
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CANG Short Interest Over Time

CANG Days to Cover Over Time

CANG Percentage of Float Shorted Over Time

Cango Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/202420,500 shares $33,107.50 -75.8%0.0%0.4 $1.62
4/30/202484,800 shares $124,656.00 +163.4%0.1%1.3 $1.47
4/15/202432,200 shares $47,334.00 +16.3%0.0%0.5 $1.47
3/31/202427,700 shares $42,104.00 +31.9%0.0%0.5 $1.52
3/15/202421,000 shares $31,710.00 -67.8%0.0%0.3 $1.51
2/29/202465,300 shares $102,521.00 +70.1%0.1%0.8 $1.57
2/15/202438,400 shares $47,232.00 +87.3%0.0%0.4 $1.23
1/31/202420,500 shares $24,190.00 -18.3%0.0%0.3 $1.18
1/15/202425,100 shares $24,598.00 +12.1%0.0%0.4 $0.98
12/31/202322,400 shares $22,848.00 -34.3%0.0%0.4 $1.02
12/15/202334,100 shares $32,439.33 +82.4%0.0%0.6 $0.95
11/30/202318,700 shares $19,448.00 -60.2%0.0%0.3 $1.04
11/15/202347,000 shares $54,990.00 +13.8%0.1%0.8 $1.17
10/31/202341,300 shares $46,256.00 +2.0%0.0%0.7 $1.12
10/15/202340,500 shares $46,575.00 -9.6%0.0%0.6 $1.15
9/30/202344,800 shares $53,132.80 +6.7%0.1%0.7 $1.19
9/15/202342,000 shares $46,200.00 -13.6%0.1%0.6 $1.10
8/31/202348,600 shares $61,236.00 +35.8%0.1%1 $1.26
8/15/202335,800 shares $44,392.00 +2.3%0.0%0.7 $1.24
7/31/202335,000 shares $47,950.00 +7.7%0.1%0.7 $1.37
7/15/202332,500 shares $38,636.00 -29.8%0.1%0.6 $1.19
6/30/202346,300 shares $54,171.00 -20.6%0.1%0.9 $1.17
6/15/202358,300 shares $67,628.00 -5.7%0.1%1.2 $1.16
5/31/202361,800 shares $72,306.00 +73.6%0.1%1.2 $1.17
5/15/202335,600 shares $39,160.00 +1.7%0.1%0.7 $1.10
4/30/202335,000 shares $41,650.00 +1.7%0.1%0.6 $1.19
4/15/202334,400 shares $38,872.00 -44.8%0.1%0.5 $1.13
3/31/202362,300 shares $71,022.00 -20.1%0.1%0.9 $1.14
3/15/202378,000 shares $78,780.00 +25.2%0.1%0.9 $1.01
2/28/202362,300 shares $82,859.00 -50.1%0.1%0.6 $1.33
2/15/2023124,800 shares $172,224.00 +29.2%0.2%0.7 $1.38
1/31/202396,600 shares $133,308.00 -35.1%0.1%0.5 $1.38
1/15/2023148,800 shares $211,296.00 -43.2%0.2%0.8 $1.42
12/30/2022262,000 shares $342,696.00 -36.2%0.4%1.2 $1.31
12/15/2022410,600 shares $533,780.00 -18.6%0.6%1.9 $1.30
11/30/2022504,600 shares $650,934.00 +13.9%0.7%2.4 $1.29
11/15/2022443,200 shares $1.11 million +9.2%0.6%3.1 $2.50
10/31/2022405,700 shares $1.02 million -18.9%0.6%3.8 $2.52
10/15/2022500,000 shares $1.26 million +9.1%0.7%4.8 $2.52
9/30/2022458,400 shares $1.05 million -2.9%0.7%7.1 $2.30
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9/15/2022472,100 shares $1.02 million +16.7%0.7%5.5 $2.16
8/31/2022404,500 shares $978,890.00 -15.3%0.6%3.2 $2.42
8/15/2022477,800 shares $1.23 million -26.3%0.7%2.4 $2.57
7/31/2022648,600 shares $1.75 million +17.9%0.9%2.8 $2.70
7/15/2022550,200 shares $1.29 million -25.6%0.8%1.6 $2.34
6/30/2022739,200 shares $1.66 million +3.2%1.0%2.1 $2.25
6/15/2022716,400 shares $2.32 million -33.1%1.0%2.1 $3.24
5/31/20221,070,000 shares $3.35 million +42.7%1.5%3.3 $3.13
5/15/2022750,100 shares $2.02 million -14.8%1.0%2.8 $2.69
4/30/2022880,200 shares $2.79 million +8.3%1.2%3.8 $3.17
4/15/2022813,100 shares $2.17 million -12.4%1.1%3.9 $2.67
3/31/2022927,700 shares $2.40 million +14.3%1.2%7.2 $2.59
3/15/2022811,500 shares $1.58 million -15.4%1.1%5.5 $1.95
2/28/2022959,500 shares $3.25 million +12.2%1.3%6.6 $3.39
2/15/2022855,300 shares $3.10 million -14.2%1.1%4.6 $3.63
1/31/2022997,000 shares $3.28 million -13.3%1.3%4.9 $3.29
1/15/20221,150,000 shares $3.81 million -2.5%1.5%5.4 $3.31
12/31/20211,180,000 shares $3.71 million +0.9%1.5%5.4 $3.14
12/15/20211,170,000 shares $3.37 million +39.1%1.5%4.9 $2.88
11/30/2021841,100 shares $2.65 million -17.5%1.1%3.4 $3.15
11/15/20211,020,000 shares $4.57 million +27.1%1.3%3.9 $4.48
10/29/2021802,500 shares $3.33 million -17.3%1.1%2.7 $4.15
10/15/2021970,000 shares $4.37 million +25.0%1.3%3 $4.50
9/30/2021776,200 shares $3.12 million -39.4%1.0%2.3 $4.02
9/15/20211,280,000 shares $5.36 million +29.4%1.7%3.4 $4.19
8/31/2021989,200 shares $4.35 million +24.4%1.3%2.5 $4.40
8/13/2021795,300 shares $2.95 million +0.6%1.0%1.8 $3.71
7/30/2021790,400 shares $3.45 million -30.1%1.0%1.8 $4.37
7/15/20211,130,000 shares $5.51 million +3.7%1.4%2.5 $4.88
6/30/20211,090,000 shares $6.09 million -18.1%1.4%2.1 $5.59
6/15/20211,330,000 shares $7.08 million +13.7%1.7%2.4 $5.32
5/28/20211,170,000 shares $6.73 million +29.5%1.5%1.7 $5.75
5/14/2021903,500 shares $4.61 million +4.4%1.1%1.2 $5.10
4/30/2021865,100 shares $5.91 million -35.4%1.1%1 $6.83
4/15/20211,340,000 shares $9.55 million +56.5%1.7%1.3 $7.13
3/31/2021856,100 shares $7.27 million +50.0%1.1%0.9 $8.49
3/15/2021570,600 shares $5.39 million +111.7%0.7%0.6 $9.45
2/26/2021269,600 shares $2.64 million +23.4%0.4%0.3 $9.78
2/12/2021218,400 shares $2.80 million +407.9%0.3%0.3 $12.82
1/29/202143,000 shares $842,800.00 +147.1%0.1%0.1 $19.60
1/15/202117,400 shares $139,374.00 No Change0.0%0 $8.01
5/15/2020700 shares $3,556.00 +133.3%N/A0 $5.08
4/30/2020300 shares $1,665.00 -89.3%N/A0 $5.55
4/15/20202,800 shares $14,504.00 +100.0%N/A0.1 $5.18
3/31/20201,400 shares $7,826.00 +250.0%N/A0.1 $5.59
3/13/2020400 shares $2,456.00 -42.9%0.0%0 $6.14
2/28/2020700 shares $4,900.00 -78.8%N/A0 $7.00
2/14/20203,300 shares $27,225.00 -21.4%N/A0.2 $8.25
1/31/20204,200 shares $32,634.00 -16.0%0.0%0.2 $7.77
1/15/20205,000 shares $45,650.00 +47.1%0.0%0.3 $9.13
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Bitcoin can and probably will hit the $1 MILLION level this decade. That’s more than 1,000% upside from these levels.

But there are at least 10 different coins that I like even better.
12/31/20193,400 shares $30,702.00 -5.6%N/A0.2 $9.03
8/15/20199,800 shares $59,290.00 -12.5%0.0%4.7 $6.05

CANG Short Interest - Frequently Asked Questions

What is Cango's current short interest?

Short interest is the volume of Cango shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 20,500 shares of CANG short. 0.03% of Cango's shares are currently sold short. Learn More on Cango's current short interest.

What is a good short interest percentage for Cango?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.03% of Cango's floating shares are currently sold short.

Is Cango's short interest increasing or decreasing?

Cango saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 20,500 shares, a drop of 75.8% from the previous total of 84,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Cango's float size?

Cango currently has issued a total of 108,920,000 shares. Some of Cango's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Cango currently has a public float of 68,630,000 shares.

How does Cango's short interest compare to its competitors?

0.03% of Cango's shares are currently sold short. Here is how the short interest of companies in the industry of "prepackaged software" compare to Cango: BigCommerce Holdings, Inc. (7.02%), Definitive Healthcare Corp. (9.85%), Weave Communications, Inc. (1.66%), Bandwidth Inc. (4.15%), Cognyte Software Ltd. (0.84%), Magic Software Enterprises Ltd. (0.16%), SecureWorks Corp. (0.56%), 3D Systems Co. (8.37%), MarketWise, Inc. (0.84%), Consensus Cloud Solutions, Inc. (3.74%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Cango stock?

Short selling CANG is an investing strategy that aims to generate trading profit from Cango as its price is falling. CANG shares are trading down $0.05 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Cango?

A short squeeze for Cango occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of CANG, which in turn drives the price of the stock up even further.

How often is Cango's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CANG, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:CANG) was last updated on 6/7/2024 by MarketBeat.com Staff

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