Carolina Financial (CARO) Short Interest Ratio & Short Volume

Short interest is the volume of Carolina Financial shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 336,100 shares of CARO short. Learn More on Carolina Financial's current short interest.

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. CARO shares currently have a short interest ratio of 2.0. Learn More on Carolina Financial's short interest ratio.

Carolina Financial saw a drop in short interest in April. As of April 15th, there was short interest totaling 336,100 shares, a drop of 8.8% from the previous total of 368,700 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.

Here is how the short interest of companies in the sector of "finance" compare to Carolina Financial: Texas Capital Bancshares, Inc. (3.51%), Cathay General Bancorp (2.87%), First Hawaiian, Inc. (4.52%), First Interstate BancSystem, Inc. (3.07%), Heartland Financial USA, Inc. (1.26%), Bank of Hawaii Co. (10.35%), CVB Financial Corp. (2.72%), Independent Bank Corp. (3.85%), TowneBank (1.67%), Stock Yards Bancorp, Inc. (7.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AbbVie Inc. ($6.93 billion), Charter Communications, Inc. ($4.47 billion), Match Group, Inc. ($2.71 billion), The Charles Schwab Co. ($2.47 billion), Microchip Technology Incorporated ($2.38 billion), The Clorox Company ($2.03 billion), Aurora Cannabis Inc. ($1.85 billion), Wayfair Inc. ($1.84 billion), PDD Holdings Inc. ($1.84 billion), and International Flavors & Fragrances Inc. ($1.74 billion). View all of the most shorted stocks.

Short selling CARO is an investing strategy that aims to generate trading profit from Carolina Financial as its price is falling. 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.

A short squeeze for Carolina Financial 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 CARO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CARO, twice per month. The most recent reporting period available is April, 15 2020.