Cardinal Health (CAH) Short Interest Ratio & Short Volume → The Next Nvidia? (From InvestorPlace) (Ad) Free CAH Stock Alerts $106.00 -0.52 (-0.49%) (As of 04/18/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Cardinal Health Short Interest DataCurrent Short Volume9,040,000 sharesPrevious Short Volume8,610,000 sharesChange Vs. Previous Month+4.99%Dollar Volume Sold Short$1.01 billionShort Interest Ratio / Days to Cover3.9Last Record DateMarch 31, 2024Outstanding Shares243,230,000 sharesFloat Size241,780,000 sharesShort Percent of Float3.74%Today's Trading Volume1,524,505 sharesAverage Trading Volume2,244,482 sharesToday's Volume Vs. Average68% Short Selling Cardinal Health ? Sign up to receive the latest short interest report for Cardinal Health and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatCAH Short Interest Over TimeCAH Days to Cover Over TimeCAH Percentage of Float Shorted Over Time Ad InvestorPlaceThe Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.Go here now for this breaking story. Cardinal Health Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20249,040,000 shares $1.01 billion +5.0%3.7%3.9 $111.90 3/15/20248,610,000 shares $951.75 million -19.2%3.6%3.7 $110.54 2/29/202410,650,000 shares $1.19 billion +36.9%4.4%4.6 $111.91 2/15/20247,780,000 shares $816.36 million +13.7%3.2%3.6 $104.93 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 Get the Latest News and Ratings for CAH and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Cardinal Health and its competitors with MarketBeat's FREE daily newsletter. 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 $69.97Biden’s $374B Giveaway Into This Sector (Ad)Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story 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 March 31st, investors have sold 9,040,000 shares of CAH short. 3.74% 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 4.0. 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: Portman Square Capital LLP, IMC Chicago LLC, Goldman Sachs Group Inc., 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, and Portman Square Capital LLP. 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. 3.74% 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 during the month of March. As of March 31st, there was short interest totaling 9,040,000 shares, an increase of 5.0% from the previous total of 8,610,000 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 241,780,000 shares. How does Cardinal Health's short interest compare to its competitors? 3.74% 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. (4.70%), McKesson Co. (1.11%), Zimmer Biomet Holdings, Inc. (2.31%), ResMed Inc. (5.36%), West Pharmaceutical Services, Inc. (1.55%), ICON Public Limited (1.70%), Biogen Inc. (2.46%), Align Technology, Inc. (2.01%), argenx SE (2.02%), Molina Healthcare, Inc. (1.99%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 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 down $0.65 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 increases 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 March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Cencora Short Interest Data McKesson Short Interest Data Zimmer Biomet Short Interest Data ResMed Short Interest Data West Pharmaceutical Services Short Interest Data ICON Public Short Interest Data Biogen Short Interest Data Align Technology Short Interest Data argenx Short Interest Data Molina Healthcare Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:CAH) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIBiden replacement revealed?Paradigm PressThe “Perfect Storm” for GoldGold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsYour Money is Not SafeAmerican AlternativeThe Next Nvidia?InvestorPlace