CoStar Group Short Interest Ratio and Short Volume

Short interest is the volume of CoStar Group shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 374,400 shares of CSGP short. 0.00% of CoStar Group's shares are currently sold short. View details.

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. CoStar Group currently has a short interest ratio of 2.0.

CoStar Group saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 374,400 shares, a decrease of 30.0% from the previous total of 534,700 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.

0.00% of CoStar Group's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "internet software & services" compare to CoStar Group: Facebook, Inc. (0.89%), Equinix Inc (0.00%), Sea Limited (0.00%), Twitter, Inc. (0.00%), eBay Inc. (3.74%), VeriSign, Inc. (0.88%), Akamai Technologies, Inc. (6.26%), ANGI Homeservices Inc. (15.17%), Stamps.com Inc. (5.36%), and Envestnet Inc (4.59%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($4.68 billion), Aon Plc ($3.70 billion), Clorox Co ($2.93 billion), ViacomCBS Inc. ($2.88 billion), Analog Devices, Inc. ($2.75 billion), Snap Inc. ($2.72 billion), Kroger Co ($2.21 billion), Uber Technologies, Inc. ($1.94 billion), Moderna, Inc. ($1.93 billion), and Datadog, Inc. ($1.83 billion). View all of the most shorted stocks.

Short selling CSGP is an investing strategy that aims to generate trading profit from CoStar Group as its price is falling. CoStar Group's stock is trading up $31.26 today. To short CoStar Group 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 CoStar Group 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 CoStar 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 CSGP, 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 CSGP, twice per month. The most recent reporting period available is October, 15 2020.