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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Better Than Oil Stocks (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Better Than Oil Stocks (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Better Than Oil Stocks (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Better Than Oil Stocks (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists

Cardinal Health (CAH) Short Interest Ratio & Short Volume

$108.09
+0.94 (+0.88%)
(As of 02/23/2024 ET)

Cardinal Health Short Interest Data

Current Short Volume
6,840,000 shares
Previous Short Volume
6,340,000 shares
Change Vs. Previous Month
+7.89%
Dollar Volume Sold Short
$746.86 million
Short Interest Ratio / Days to Cover
3.1
Last Record Date
January 31, 2024
Outstanding Shares
243,230,000 shares
Float Size
241,700,000 shares
Short Percent of Float
2.83%
Today's Trading Volume
974,306 shares
Average Trading Volume
2,334,078 shares
Today's Volume Vs. Average
42%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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CAH Short Interest Over Time

CAH Days to Cover Over Time

CAH Percentage of Float Shorted Over Time


Cardinal Health Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/20246,840,000 shares $746.86 million +7.9%2.8%3.1 $109.19
1/15/20246,340,000 shares $670.71 million -7.9%2.6%3 $105.79
12/31/20236,880,000 shares $693.50 million -7.0%2.8%3.3 $100.80
12/15/20237,400,000 shares $743.63 million -7.6%3.0%3.5 $100.49
11/30/20238,010,000 shares $857.71 million -2.4%3.3%4 $107.08
11/15/20238,210,000 shares $835.78 million +18.5%3.4%3.9 $101.80
10/31/20236,930,000 shares $630.63 million +3.3%2.8%3.1 $91.00
10/15/20236,710,000 shares $625.51 million -9.3%2.7%3.1 $93.22
9/30/20237,400,000 shares $642.47 million -9.1%3.0%3.5 $86.82
9/15/20238,140,000 shares $714.12 million -23.8%3.3%3.8 $87.73
8/31/202310,680,000 shares $932.68 million +107.0%4.3%4.6 $87.33
8/15/20235,160,000 shares $467.13 million -10.6%2.1%2.2 $90.53
7/31/20235,770,000 shares $527.78 million -18.9%2.3%2.6 $91.47
7/15/20237,110,000 shares $662.23 million -12.0%2.8%3.2 $93.14
6/30/20238,080,000 shares $764.13 million -9.9%3.2%3.6 $94.57
6/15/20238,970,000 shares $799.77 million +52.8%3.5%3.9 $89.16
5/31/20235,870,000 shares $483.22 million +4.1%2.3%2.6 $82.32
5/15/20235,640,000 shares $481.20 million +13.3%2.2%2.6 $85.32
4/30/20234,980,000 shares $408.86 million -10.3%2.0%2.2 $82.10
4/15/20235,550,000 shares $447.50 million +27.3%2.2%2.2 $80.63
3/31/20234,360,000 shares $329.18 million +5.8%1.7%1.7 $75.50
3/15/20234,120,000 shares $287.66 million -16.9%1.6%1.6 $69.82
2/28/20234,960,000 shares $375.52 million -21.3%1.9%1.9 $75.71
2/15/20236,300,000 shares $495.05 million +35.8%2.5%2.3 $78.58
1/31/20234,640,000 shares $358.44 million -11.3%1.8%1.6 $77.25
1/15/20235,230,000 shares $402.03 million -4.6%2.0%1.8 $76.87
12/30/20225,480,000 shares $421.25 million -23.3%2.1%1.8 $76.87
12/15/20227,140,000 shares $560.99 million -32.1%2.7%2.3 $78.57
11/30/202210,510,000 shares $842.59 million +22.9%4.0%3.3 $80.17
11/15/20228,550,000 shares $635.44 million -28.3%3.3%2.8 $74.32
10/31/202211,920,000 shares $904.73 million -21.0%4.6%3.7 $75.90
10/15/202215,080,000 shares $1.03 billion -8.8%5.6%5 $68.08
9/30/202216,540,000 shares $1.10 billion -9.9%6.1%5.8 $66.68
9/15/202218,360,000 shares $1.22 billion +191.9%6.8%6.7 $66.39
8/31/20226,290,000 shares $444.83 million -26.1%2.3%2.4 $70.72
8/15/20228,510,000 shares $595.44 million +31.7%3.1%3.4 $69.97
7/31/20226,460,000 shares $384.76 million -1.2%2.4%2.8 $59.56
7/15/20226,540,000 shares $361.07 million -5.1%2.4%2.7 $55.21
6/30/20226,890,000 shares $360.14 million -10.4%2.5%2.7 $52.27
6/15/20227,690,000 shares $392.50 million +2.8%2.8%3 $51.04













CAH Short Interest - Frequently Asked Questions

What is Cardinal Health's current short interest?

Short interest is the volume of Cardinal Health shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 6,840,000 shares of CAH short. 2.83% of Cardinal Health's shares are currently sold short. Learn More on Cardinal Health's current short interest.

What is a good short interest ratio for Cardinal Health?

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. CAH shares currently have a short interest ratio of 3.0. Learn More on Cardinal Health's short interest ratio.

Which institutional investors are shorting Cardinal Health?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Cardinal Health: GTS Securities LLC, Wolverine Trading LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., Citadel Advisors LLC, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital UK Ltd., Goldman Sachs Group Inc., Capstone Investment Advisors LLC, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Simplex Trading LLC, Portman Square Capital LLP, Cutler Group LLC CA, and Citigroup Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Cardinal Health?

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. 2.83% of Cardinal Health's floating shares are currently sold short.

Is Cardinal Health's short interest increasing or decreasing?

Cardinal Health saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 6,840,000 shares, an increase of 7.9% from the previous total of 6,340,000 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 Cardinal Health's float size?

Cardinal Health currently has issued a total of 243,230,000 shares. Some of Cardinal Health'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. Cardinal Health currently has a public float of 241,700,000 shares.

How does Cardinal Health's short interest compare to its competitors?

2.83% of Cardinal Health's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Cardinal Health: Cencora, Inc. (4.83%), McKesson Co. (1.18%), West Pharmaceutical Services, Inc. (1.58%), Zimmer Biomet Holdings, Inc. (2.06%), ResMed Inc. (4.30%), Align Technology, Inc. (2.04%), Molina Healthcare, Inc. (2.69%), argenx SE (2.01%), ICON Public Limited (2.48%), STERIS plc (2.18%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Cardinal Health stock?

Short selling CAH is an investing strategy that aims to generate trading profit from Cardinal Health as its price is falling. CAH shares are trading up $0.94 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.

How does a short squeeze work against Cardinal Health?

A short squeeze for Cardinal Health 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 CAH, which in turn drives the price of the stock up even further.

How often is Cardinal Health'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 CAH, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:CAH) was last updated on 2/25/2024 by MarketBeat.com Staff