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DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
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Churchill Downs Short Interest Ratio and Short Volume

-0.96 (-0.52 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $185.22
50-Day Range
MA: $172.42
52-Week Range
Now: $185.22
Volume154,780 shs
Average Volume348,762 shs
Market Capitalization$7.31 billion
P/E RatioN/A
Dividend Yield0.31%

Short Interest

Churchill Downs (NASDAQ:CHDN) Short Interest Data

Current Short Volume:801,400 shares
Previous Short Volume:777,200 shares
Change Vs. Previous Month:+3.11%
Dollar Volume Sold Short:$144.93 million
Short Interest Ratio / Days to Cover:3.0
Last Record Date:October, 30 2020
Outstanding Shares:40,200,000 shares
Float Size:34,840,000 shares
Short Percent of Float:2.30%
Today's Trading Volume:154,780 shares
Average Trading Volume:348,762 shares
Today's Volume Vs. Average:-55.62%

Churchill Downs (NASDAQ:CHDN) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020801,400 $144.93 million 3.1%2.3%3.1$180.85
10/15/2020777,200 $127.59 million -67.6%2.2%2.8$164.17
9/30/20202,400,000 $414.10 million -4.0%6.9%8.3$172.54
9/15/20202,500,000 $424.30 million -2.0%7.2%8.8$169.72
8/31/20202,550,000 $433.37 million -5.6%7.3%8.9$169.95
8/14/20202,700,000 $479.95 million 5.1%7.8%7.9$177.76
7/31/20202,570,000 $448.75 million -15.5%7.4%6.9$174.61
7/15/20203,040,000 $421.10 million -2.9%8.7%7.9$138.52
6/30/20203,130,000 $416.16 million 2.0%9.0%7.6$132.96
6/15/20203,070,000 $406.53 million -11.0%8.8%6.8$132.42
5/29/20203,450,000 $457.78 million -1.7%9.9%6.4$132.69
5/15/20203,510,000 $465.67 million 8.3%10.1%6.4$132.67
4/30/20203,240,000 $458.46 million -1.2%9.3%6.4$141.50
4/15/20203,280,000 $348.57 million 8.6%9.4%7.3$106.27
3/31/20203,020,000 $263.56 million 25.2%8.7%7.2$87.27
3/13/20202,412,500 $250.76 million 3.5%7.0%4.6$103.94
2/28/20202,330,000 $171.05 million -4.1%6.8%9.2$73.41
2/14/20202,430,000 $269.29 million -0.4%7.0%11.1$110.82
1/31/20202,440,000 $354.87 million 4.3%7.1%11.2$145.44
1/15/20202,340,000 $374.03 million 3.5%6.8%9.7$159.84
12/31/20192,260,000 $323.11 million -2.2%6.6%8.6$142.97

Churchill Downs (NASDAQ:CHDN) Short Interest FAQ

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What is Churchill Downs' current short interest?

Short interest is the volume of Churchill Downs shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 801,400 shares of CHDN short. 2.30% of Churchill Downs' shares are currently sold short. View details.

What is a good short interest ratio for Churchill Downs?

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. Churchill Downs currently has a short interest ratio of 3.0.

What is a good short interest percentage for Churchill Downs?

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. 2.30% of Churchill Downs' floating shares are currently sold short.

Is Churchill Downs' short interest increasing or decreasing?

Churchill Downs saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 801,400 shares, an increase of 3.1% from the previous total of 777,200 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 Churchill Downs' float size?

Churchill Downs currently has issued a total of 39,455,000 shares. Some of Churchill Downs' 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. Churchill Downs currently has a public float of 34,840,000 shares.

How does Churchill Downs' short interest compare to its competitors?

2.30% of Churchill Downs' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "casinos & gaming" compare to Churchill Downs: Las Vegas Sands Corp. (3.97%), MGM Resorts International (7.98%), Caesars Entertainment, Inc. (5.40%), Penn National Gaming, Inc. (0.00%), Wynn Resorts, Limited (11.41%), Advanced Drainage Systems, Inc. (2.77%), Boyd Gaming Co. (6.06%), Scientific Games Co. (6.56%), International Game Technology PLC (4.39%), and Monarch Casino & Resort, Inc. (4.90%).

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. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Churchill Downs stock?

Short selling CHDN is an investing strategy that aims to generate trading profit from Churchill Downs as its price is falling. Churchill Downs' stock is trading down $0.96 today. To short Churchill Downs 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 Churchill Downs 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 Churchill Downs?

A short squeeze for Churchill Downs 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 CHDN, which in turn drives the price of the stock up even further.

How often is Churchill Downs' 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 CHDN, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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