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Chemung Financial (CHMG) Short Interest Ratio & Short Volume

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$47.78
+0.28 (+0.59%)
(As of 10/31/2024 ET)

Chemung Financial Short Interest Data

Chemung Financial (CHMG) has a short interest of 11,000 shares, representing 0.31% of the float (the number of shares available for trading by the public). This marks a 1.85% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.9, indicating that it would take 0.9 days of the average trading volume of 9,761 shares to cover all short positions.

Current Short Interest
11,000 shares
Previous Short Interest
10,800 shares
Change Vs. Previous Month
+1.85%
Dollar Volume Sold Short
$527,890.00
Short Interest Ratio
0.9 Days to Cover
Last Record Date
October 15, 2024
Outstanding Shares
4,752,000 shares
Float Size
3,520,000 shares
Short Percent of Float
0.31%
Today's Trading Volume
11,151 shares
Average Trading Volume
9,761 shares
Today's Volume Vs. Average
114%
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CHMG Short Interest Over Time

CHMG Days to Cover Over Time

CHMG Percentage of Float Shorted Over Time

Chemung Financial Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/202411,000 shares $527,890.00 +1.9%0.3%0.9 $47.99
9/30/202410,800 shares $518,616.00 -21.2%0.3%0.8 $48.02
9/15/202413,700 shares $643,352.00 +9.6%0.4%1 $46.96
8/31/202412,500 shares $583,500.00 +35.9%0.4%1 $46.68
8/15/20249,200 shares $411,976.00 +8.2%0.3%0.8 $44.78
7/31/20248,500 shares $414,460.00 -38.4%0.2%0.8 $48.76
7/15/202413,800 shares $661,572.00 -40.3%0.4%1.3 $47.94
6/30/202423,100 shares $1.11 million -22.2%0.6%2.6 $48.00
6/15/202429,700 shares $1.27 million +80.0%0.8%4.2 $42.85
5/31/202416,500 shares $716,100.00 -0.6%0.5%2.5 $43.40
5/15/202416,600 shares $725,420.00 -8.8%0.5%2.4 $43.70
4/30/202418,200 shares $767,403.00 +19.7%0.5%2.8 $42.17
4/15/202415,200 shares $599,032.00 +2.0%0.4%2.2 $39.41
3/31/202414,900 shares $632,952.00 -51.8%0.4%2.3 $42.48
3/15/202430,900 shares $1.30 million +55.3%0.9%4.2 $42.00
2/29/202419,900 shares $847,740.00 -0.5%0.6%2.2 $42.60
2/15/202420,000 shares $890,000.00 -17.4%0.6%2.1 $44.50
1/31/202424,200 shares $1.13 million -12.0%0.7%2.5 $46.52
1/15/202427,500 shares $1.33 million +28.5%0.8%2.8 $48.27
12/31/202321,400 shares $1.07 million -21.9%0.6%2.2 $49.80
12/15/202327,400 shares $1.37 million -16.5%0.8%3.1 $50.00
11/30/202332,800 shares $1.52 million +15.5%0.9%4.7 $46.20
11/15/202328,400 shares $1.29 million -26.4%0.8%4.4 $45.40
10/31/202338,600 shares $1.59 million -13.5%1.1%5.7 $41.28
10/15/202344,600 shares $1.80 million -16.2%1.2%6.7 $40.39
9/30/202353,200 shares $2.11 million -25.7%1.5%7 $39.61
9/15/202371,600 shares $2.89 million +8.3%2.0%8 $40.41
8/31/202366,100 shares $2.60 million -10.3%1.8%4.1 $39.29
8/15/202373,700 shares $3.04 million +5.7%2.1%4.3 $41.20
7/31/202369,700 shares $2.97 million +8.2%1.9%3.9 $42.66
7/15/202364,400 shares $2.47 million +9.9%1.8%3.4 $38.30
6/30/202358,600 shares $2.25 million +713.9%1.6%2.9 $38.41
6/15/20237,200 shares $284,400.00 -18.2%0.2%0.4 $39.50
5/31/20238,800 shares $311,520.00 -1.1%0.3%0.6 $35.40
5/15/20238,900 shares $307,495.00 +8.5%0.3%0.6 $34.55
4/30/20238,200 shares $329,230.00 +54.7%0.2%0.6 $40.15
4/15/20235,300 shares $217,300.00 -5.4%0.2%0.4 $41.00
3/31/20235,600 shares $232,400.00 -37.8%0.2%0.4 $41.50
3/15/20239,000 shares $392,940.00 +9.8%0.3%0.8 $43.66
2/28/20238,200 shares $412,296.00 +10.8%0.2%0.7 $50.28
I was wrong. Dead wrong. (Ad)

I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

2/15/20237,400 shares $380,360.00 +2.8%0.2%0.7 $51.40
1/31/20237,200 shares $374,688.00 +53.2%0.2%0.7 $52.04
1/15/20234,700 shares $223,250.00 +4.4%0.1%0.4 $47.50
12/30/20224,500 shares $206,415.00 -2.2%0.1%0.4 $45.87
12/15/20224,600 shares $205,620.00 -17.9%0.1%0.5 $44.70
11/30/20225,600 shares $266,000.00 -13.9%0.2%0.6 $47.50
11/15/20226,500 shares $305,435.00 +16.1%0.2%0.6 $46.99
10/31/20225,600 shares $238,336.00 -15.2%0.2%0.5 $42.56
10/15/20226,600 shares $280,252.50 -17.5%0.2%0.8 $42.46
9/30/20228,000 shares $334,960.00 +5.3%0.2%1 $41.87
9/15/20227,600 shares $329,688.00 +26.7%0.2%0.8 $43.38
8/31/20226,000 shares $270,420.00 -31.8%0.2%0.6 $45.07
8/15/20228,800 shares $413,512.00 +66.0%0.3%1.1 $46.99
7/31/20225,300 shares $239,931.00 -22.1%0.2%0.7 $45.27
7/15/20226,800 shares $302,532.00 -4.2%0.2%1.1 $44.49
6/30/20227,100 shares $333,700.00 +34.0%0.2%1.2 $47.00
6/15/20225,300 shares $228,483.00 +8.2%0.2%1.5 $43.11
5/31/20224,900 shares $213,395.00 -12.5%0.1%2 $43.55
5/15/20225,600 shares $254,800.00 -23.3%0.2%2 $45.50
4/30/20227,300 shares $346,604.00 -2.7%0.2%2.6 $47.48
4/15/20227,500 shares $349,302.00 +2.7%0.2%2.1 $46.57
3/31/20227,300 shares $340,837.00 +5.8%0.2%1.7 $46.69
3/15/20226,900 shares $317,538.00 -15.9%0.2%1.4 $46.02
2/28/20228,200 shares $375,806.00 -9.9%0.2%1.7 $45.83
2/15/20229,100 shares $421,967.00 +2.3%0.3%1.8 $46.37
1/31/20228,900 shares $408,599.00 -6.3%0.3%1.7 $45.91
1/15/20229,500 shares $437,855.00 -2.1%0.3%1.7 $46.09
12/31/20219,700 shares $450,565.00 -47.6%0.3%1.9 $46.45
12/15/202118,500 shares $826,025.00 +9.5%0.5%3.9 $44.65
11/30/202116,900 shares $801,905.00 -5.1%0.5%3.6 $47.45
11/15/202117,800 shares $848,704.00 +1.1%0.5%3.6 $47.68
10/29/202117,600 shares $814,000.00 -5.9%0.5%3 $46.25
10/15/202118,700 shares $866,745.00 -6.5%0.5%2.9 $46.35
9/30/202120,000 shares $906,000.00 -15.6%0.5%2.9 $45.30
9/15/202123,700 shares $1.09 million -3.7%0.6%1.3 $46.05
8/31/202124,600 shares $1.14 million +7.9%0.7%1.2 $46.48
8/13/202122,800 shares $1.06 million -17.4%0.6%1 $46.28
7/30/202127,600 shares $1.26 million -8.3%0.8%1.2 $45.51
7/15/202130,100 shares $1.33 million +5.2%0.8%1.2 $44.13
6/30/202128,600 shares $1.27 million -72.0%0.8%1.1 $44.31
6/15/2021102,200 shares $4.41 million -1.0%2.8%5.9 $43.14
5/28/2021103,200 shares $4.81 million +6.1%2.8%6.9 $46.60
5/14/202197,300 shares $4.25 million +38.8%2.7%6.6 $43.72
4/30/202170,100 shares $3.01 million +26.1%1.9%4.8 $42.90
4/15/202155,600 shares $2.42 million +14.4%1.5%4 $43.61
3/31/202148,600 shares $2.04 million +0.2%1.3%3.9 $42.03
3/15/202148,500 shares $2.08 million -1.2%1.3%4.3 $42.87
2/26/202149,100 shares $1.76 million +5.8%1.3%4.7 $35.88
2/12/202146,400 shares $1.71 million +5.9%1.3%4.9 $36.80
1/29/202143,800 shares $1.48 million +3.6%1.2%4.8 $33.82
I was wrong. Dead wrong. (Ad)

I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

1/15/202142,300 shares $1.51 million -4.7%1.1%4.2 $35.77
12/31/202044,400 shares $1.51 million +5.0%1.2%4.9 $34.02
12/15/202042,300 shares $1.42 million +3.7%1.2%5 $33.53
11/30/202040,800 shares $1.38 million +6.3%1.1%4.9 $33.78
11/15/202038,400 shares $1.39 million -8.6%1.0%4.6 $36.30
10/30/202042,000 shares $1.41 million -6.7%1.1%5.5 $33.58
10/15/202045,000 shares $1.51 million +11.9%1.2%5.6 $33.59
9/30/202040,200 shares $1.16 million -3.8%1.1%5.4 $28.87
9/15/202041,800 shares $1.22 million +1.0%1.1%5.4 $29.20
8/31/202041,400 shares $1.19 million +1.2%1.1%5.1 $28.71
8/14/202040,900 shares $1.25 million -0.5%1.1%4.5 $30.62
7/31/202041,100 shares $1.11 million +0.5%1.1%4.3 $27.01
7/15/202040,900 shares $1.04 million +3.8%1.1%4.5 $25.39
6/30/202039,400 shares $1.10 million +27.5%1.0%4.2 $27.96
6/15/202030,900 shares $867,054.00 -1.6%0.8%3 $28.06
5/29/202031,400 shares $811,690.00 +12.1%0.8%2.8 $25.85
5/15/202028,000 shares $682,920.00 +22.3%0.7%2.6 $24.39
4/30/202022,900 shares $561,050.00 -4.2%0.6%2.1 $24.50
4/15/202023,900 shares $586,984.00 -19.3%0.6%2.3 $24.56
3/31/202029,600 shares $780,848.00 +12.1%0.8%3 $26.38
3/13/202026,400 shares $779,592.00 +29.4%0.7%2.7 $29.53
2/28/202020,400 shares $534,480.00 +6.8%0.5%2.6 $26.20
2/14/202019,100 shares $534,800.00 -7.3%0.5%2.7 $28.00
1/31/202020,600 shares $786,302.00 -7.2%0.5%2.9 $38.17
1/15/202022,200 shares $862,248.00 -3.9%0.6%3.5 $38.84
12/31/201923,100 shares $931,392.00 -17.8%0.6%3.7 $40.32

CHMG Short Interest - Frequently Asked Questions

What is Chemung Financial's current short interest?

Short interest is the volume of Chemung Financial shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 11,000 shares of CHMG short. 0.31% of Chemung Financial's shares are currently sold short. Learn More on Chemung Financial's current short interest.

What is a good short interest ratio for Chemung Financial?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CHMG shares currently have a short interest ratio of 1.0. Learn More on Chemung Financial's short interest ratio.

What is a good short interest percentage for Chemung Financial?

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. 0.31% of Chemung Financial's floating shares are currently sold short.

Is Chemung Financial's short interest increasing or decreasing?

Chemung Financial saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 11,000 shares, an increase of 1.9% from the previous total of 10,800 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 Chemung Financial's float size?

Chemung Financial currently has issued a total of 4,752,000 shares. Some of Chemung Financial'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. Chemung Financial currently has a public float of 3,520,000 shares.

How does Chemung Financial's short interest compare to its competitors?

0.31% of Chemung Financial's shares are currently sold short. Here is how the short interest of companies compare to Chemung Financial: Oak Valley Bancorp (1.51%), C&F Financial Co. (0.71%), Investar Holding Co. (3.02%), Parke Bancorp, Inc. (0.57%), First Business Financial Services, Inc. (0.31%), Premier Financial Corp. (1.83%), Guild Holdings (0.04%), Coastal Financial Co. (3.42%), Pagaya Technologies Ltd. (17.08%), Grupo Supervielle S.A. (1.47%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Chemung Financial stock?

Short selling CHMG is an investing strategy that aims to generate trading profit from Chemung Financial as its price is falling. CHMG shares are trading up $0.28 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 Chemung Financial?

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

How often is Chemung Financial'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 CHMG, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:CHMG) was last updated on 10/31/2024 by MarketBeat.com Staff
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