CSX (CSX) Short Interest Ratio & Short Volume

Short interest is the volume of CSX shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 30,490,000 shares of CSX short. Learn More on CSX'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. CSX shares currently have a short interest ratio of 2.0. Learn More on CSX's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of CSX: Simplex Trading LLC, Valeo Financial Advisors LLC, Valeo Financial Advisors LLC, Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, Point72 Asset Management L.P., Eisler Capital US LLC, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, IMC Chicago LLC, One River Asset Management LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Genus Capital Management Inc., Signaturefd LLC, and SpiderRock Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

CSX saw a increase in short interest in April. As of April 15th, there was short interest totaling 30,490,000 shares, an increase of 21.5% from the previous total of 25,090,000 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 "transportation" compare to CSX: Norfolk Southern Co. (0.67%), Canadian Pacific Kansas City Limited (1.10%), Union Pacific Co. (0.78%), FedEx Co. (1.85%), Old Dominion Freight Line, Inc. (1.89%), Ryanair Holdings plc (1.07%), Delta Air Lines, Inc. (2.92%), Westinghouse Air Brake Technologies Co. (1.16%), United Airlines Holdings, Inc. (6.67%), Southwest Airlines Co. (3.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling CSX is an investing strategy that aims to generate trading profit from CSX as its price is falling. CSX shares are trading up $0.36 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.

A short squeeze for CSX 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 CSX, 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 CSX, twice per month. The most recent reporting period available is April, 15 2024.