S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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Asbury Automotive Group Short Interest Ratio and Short Volume

+6.62 (+4.13 %)
(As of 01/20/2021 12:00 AM ET)
Today's Range
Now: $167.01
50-Day Range
MA: $147.76
52-Week Range
Now: $167.01
Volume287,850 shs
Average Volume192,089 shs
Market Capitalization$3.22 billion
P/E Ratio15.46
Dividend YieldN/A

Short Interest

Asbury Automotive Group (NYSE:ABG) Short Interest Data

Current Short Volume:2,320,000 shares
Previous Short Volume:2,390,000 shares
Change Vs. Previous Month:-2.93%
Dollar Volume Sold Short:$379.97 million
Short Interest Ratio / Days to Cover:11.0
Last Record Date:December, 31 2020
Outstanding Shares:19,520,000 shares
Float Size:19,070,000 shares
Short Percent of Float:12.17%
Today's Trading Volume:287,850 shares
Average Trading Volume:192,089 shares
Today's Volume Vs. Average:49.85%

Asbury Automotive Group (NYSE:ABG) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
12/31/20202,320,000 $379.97 million -2.9%12.2%10.9$163.78
12/15/20202,320,000 $341.67 million -2.9%12.2%10.9$147.27
11/30/20202,390,000 $340.81 million -3.6%12.5%11.7$142.60
11/15/20202,480,000 $279.67 million 6.4%13.0%12.6$112.77
10/30/20202,330,000 $279.51 million 5.9%12.2%11.8$119.96
10/15/20202,200,000 $233.29 million 7.8%11.5%10.9$106.04
9/30/20202,040,000 $229.77 million -6.0%10.7%9.6$112.63
9/15/20202,170,000 $202.11 million 0.5%11.4%9.8$93.14
8/31/20202,160,000 $233.24 million 1.4%11.3%9.7$107.98
8/14/20202,130,000 $230.30 million 0.5%11.2%9.1$108.12
7/31/20202,120,000 $233.50 million -7.8%11.1%8.6$110.14
7/15/20202,300,000 $230.35 million 4.1%12.1%9.2$100.15
6/30/20202,210,000 $231.12 million -1.8%11.6%8.6$104.58
6/15/20202,250,000 $170.82 million -16.0%11.8%8.1$75.92
5/29/20202,680,000 $195.75 million -2.9%14.1%8.6$73.04
5/15/20202,760,000 $199.49 million 11.7%14.5%8.8$72.28
4/30/20202,470,000 $195.33 million 4.2%13.0%8$79.08
4/15/20202,370,000 $158.27 million 17.3%12.4%8.1$66.78
3/31/20202,020,000 $118.11 million 11.4%10.6%7.1$58.47
3/13/20201,812,600 $109.54 million 2.4%9.5%8.6$60.43
2/28/20201,770,000 $81.10 million 2.3%9.3%8.4$45.82
2/14/20201,730,000 $140.74 million -0.6%9.1%8.7$81.35
1/31/20201,740,000 $164.97 million 3.6%9.1%9.2$94.81
1/15/20201,680,000 $168 million 1.8%8.8%9.1$100.00
12/31/20191,650,000 $164.57 million -6.8%8.6%8.6$99.74

Asbury Automotive Group (NYSE:ABG) Short Interest FAQ

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What is Asbury Automotive Group's current short interest?

Short interest is the volume of Asbury Automotive Group shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 2,320,000 shares of ABG short. 12.17% of Asbury Automotive Group's shares are currently sold short. View details.

What is a good short interest ratio for Asbury Automotive 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. Asbury Automotive Group currently has a short interest ratio of 11.0.

What is a good short interest percentage for Asbury Automotive 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. 12.17% of Asbury Automotive Group's floating shares are currently sold short.

Is Asbury Automotive Group's short interest increasing or decreasing?

Asbury Automotive Group saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,320,000 shares, a drop of 2.9% from the previous total of 2,390,000 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.

What is Asbury Automotive Group's float size?

Asbury Automotive Group currently has issued a total of 19,286,000 shares. Some of Asbury Automotive 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. Asbury Automotive Group currently has a public float of 19,070,000 shares.

How does Asbury Automotive Group's short interest compare to its competitors?

12.17% of Asbury Automotive Group's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "automotive retail" compare to Asbury Automotive Group: O'Reilly Automotive, Inc. (1.87%), AutoZone, Inc. (2.34%), CarMax, Inc. (6.03%), Advance Auto Parts, Inc. (4.38%), Lithia Motors, Inc. (0.00%), AutoNation, Inc. (4.15%), Penske Automotive Group, Inc. (9.49%), Group 1 Automotive, Inc. (14.92%), Sonic Automotive, Inc. (15.08%), and Monro, Inc. (7.12%).

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. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

What does it mean to sell short Asbury Automotive Group stock?

Short selling ABG is an investing strategy that aims to generate trading profit from Asbury Automotive Group as its price is falling. Asbury Automotive Group's stock is trading up $6.62 today. To short Asbury Automotive 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 Asbury Automotive 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.

How does a short squeeze work against Asbury Automotive Group?

A short squeeze for Asbury Automotive 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 ABG, which in turn drives the price of the stock up even further.

How often is Asbury Automotive 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 ABG, twice per month. The most recent reporting period available is December, 31 2020.

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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