Covenant Logistics Group (CVLG) Short Interest Ratio & Short Volume → Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad) Free CVLG Stock Alerts $46.97 +0.24 (+0.51%) (As of 01:13 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Covenant Logistics Group Short Interest DataCurrent Short Volume102,200 sharesPrevious Short Volume58,800 sharesChange Vs. Previous Month+73.81%Dollar Volume Sold Short$4.62 millionShort Interest Ratio / Days to Cover1.4Last Record DateApril 30, 2024Outstanding Shares13,070,000 sharesFloat Size7,750,000 sharesShort Percent of Float1.32%Today's Trading Volume34,238 sharesAverage Trading Volume70,699 sharesToday's Volume Vs. Average48% Short Selling Covenant Logistics Group ? Sign up to receive the latest short interest report for Covenant Logistics Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatCVLG Short Interest Over TimeCVLG Days to Cover Over TimeCVLG Percentage of Float Shorted Over Time Ad Banyan Hill PublishingForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadThe AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.Get the full story here. Covenant Logistics Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024102,200 shares $4.62 million +73.8%1.3%1.4 $45.19 4/15/202458,800 shares $2.65 million -16.2%0.8%0.8 $45.04 3/31/202470,200 shares $3.25 million -23.9%0.9%1 $46.36 3/15/202492,200 shares $4.05 million +16.6%1.2%1.3 $43.95 2/29/202479,100 shares $3.85 million -32.9%1.0%1.1 $48.68 2/15/2024117,800 shares $6.43 million +17.9%1.5%1.9 $54.62 Get the Latest News and Ratings for CVLG and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Covenant Logistics Group and its competitors with MarketBeat's FREE daily newsletter. 1/31/202499,900 shares $4.83 million -13.4%1.4%1.8 $48.34 1/15/2024115,300 shares $5.34 million +1.7%1.6%2.2 $46.29 12/31/2023113,400 shares $5.22 million -12.2%1.6%2.3 $46.04 12/15/2023129,200 shares $5.66 million -12.9%1.8%2.6 $43.82 11/30/2023148,400 shares $6.32 million No Change2.1%3 $42.57 11/15/2023148,400 shares $6.34 million +4.4%2.1%2.9 $42.75 10/31/2023142,200 shares $5.61 million -6.8%2.0%2.5 $39.49 10/15/2023152,500 shares $6.63 million +0.5%2.1%2.6 $43.46 9/30/2023151,700 shares $6.65 million -7.3%2.1%2.4 $43.85 9/15/2023163,700 shares $7.38 million -29.2%2.3%2.4 $45.09 8/31/2023231,200 shares $11.37 million +4.5%3.2%3.2 $49.17 8/15/2023221,200 shares $11.59 million -7.4%3.1%3 $52.38 7/31/2023238,800 shares $13.08 million -8.9%3.4%3.4 $54.76 7/15/2023262,100 shares $11.50 million -10.2%3.7%3.7 $43.87 6/30/2023291,700 shares $12.79 million -23.6%4.1%4.2 $43.83 6/15/2023381,600 shares $15.32 million -3.3%5.4%5.6 $40.15 5/31/2023394,500 shares $15.06 million -11.9%5.5%5.7 $38.17 5/15/2023447,700 shares $17.18 million +6.0%6.2%5.9 $38.38 4/30/2023422,400 shares $16.64 million -1.4%5.6%5 $39.39 4/15/2023428,300 shares $15.05 million +7.6%5.7%4.2 $35.13 3/31/2023398,000 shares $14.10 million +1.1%5.3%3.8 $35.42 3/15/2023393,800 shares $13.61 million +0.8%5.2%3.5 $34.55 2/28/2023390,700 shares $13.54 million +2.8%4.4%3.4 $34.65 2/15/2023379,900 shares $12.68 million -4.6%4.3%3.3 $33.39 1/31/2023398,100 shares $13.20 million -22.4%4.5%3.3 $33.16 1/15/2023512,900 shares $18.69 million +2.0%6.0%4.6 $36.44 12/30/2022502,900 shares $17.39 million -10.2%5.9%4.1 $34.57 12/15/2022559,800 shares $20.84 million +9.6%6.6%4.5 $37.23 11/30/2022511,000 shares $19.62 million -7.0%5.9%4 $38.39 11/15/2022549,700 shares $21.71 million -4.3%6.3%4.1 $39.49 10/31/2022574,100 shares $21.72 million +11.0%5.9%4.4 $37.84 10/15/2022517,000 shares $16.05 million +4.7%5.4%3.5 $31.05 9/30/2022494,000 shares $14.18 million +13.5%5.1%3.4 $28.70 9/15/2022435,200 shares $12.61 million +9.3%4.5%2.9 $28.97Tech GIANT’s Plans to Revolutionize Crypto… (Ad)A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. CVLG Short Interest - Frequently Asked Questions What is Covenant Logistics Group's current short interest? Short interest is the volume of Covenant Logistics Group shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 102,200 shares of CVLG short. 1.32% of Covenant Logistics Group's shares are currently sold short. Learn More on Covenant Logistics Group's current short interest. What is a good short interest ratio for Covenant Logistics Group? 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. CVLG shares currently have a short interest ratio of 1.0. Learn More on Covenant Logistics Group's short interest ratio. Which institutional investors are shorting Covenant Logistics Group? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Covenant Logistics Group: PEAK6 Investments LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Covenant Logistics Group? 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. 1.32% of Covenant Logistics Group's floating shares are currently sold short. Is Covenant Logistics Group's short interest increasing or decreasing? Covenant Logistics Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 102,200 shares, an increase of 73.8% from the previous total of 58,800 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 Covenant Logistics Group's float size? Covenant Logistics Group currently has issued a total of 13,070,000 shares. Some of Covenant Logistics Group'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. Covenant Logistics Group currently has a public float of 7,750,000 shares. How does Covenant Logistics Group's short interest compare to its competitors? 1.32% of Covenant Logistics Group's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Covenant Logistics Group: P.A.M. Transportation Services, Inc. (0.16%), Heartland Express, Inc. (3.63%), Universal Logistics Holdings, Inc. (1.65%), Marten Transport, Ltd. (1.41%), Werner Enterprises, Inc. (3.71%), Sun Country Airlines Holdings, Inc. (5.20%), Safe Bulkers, Inc. (4.10%), PowerFleet, Inc. (1.10%), Cryoport, Inc. (8.74%), Hawaiian Holdings, Inc. (9.75%), 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. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks. What does it mean to sell short Covenant Logistics Group stock? Short selling CVLG is an investing strategy that aims to generate trading profit from Covenant Logistics Group as its price is falling. CVLG shares are trading up $0.24 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 Covenant Logistics Group? A short squeeze for Covenant Logistics Group 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 CVLG, which in turn drives the price of the stock up even further. How often is Covenant Logistics Group'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 CVLG, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: P.A.M. Transportation Services Short Squeeze Heartland Express Short Squeeze Universal Logistics Short Squeeze Marten Transport Short Squeeze Werner Enterprises Short Squeeze Sun Country Airlines Short Squeeze Safe Bulkers Short Squeeze PowerFleet Short Squeeze Cryoport Short Squeeze Hawaiian Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:CVLG) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving Trends