Chegg (CHGG) Short Interest Ratio & Short Volume

$3.51

-0.01 (-0.28%)

(As of 07/26/2024 ET)

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Chegg Short Interest Data

Current Short Interest: 17,000,000 shares
Previous Short Interest: 16,750,000 shares
Change Vs. Previous Month: +1.49%
Dollar Volume Sold Short: $53.81 million
Short Interest Ratio: 3.9 Days to Cover
Last Record Date: July 15, 2024

Outstanding Shares: 102,220,000 shares
Float Size: 97,030,000 shares
Short Percent of Float: 17.52%
Today's Trading Volume: 4,687,130 shares
Average Trading Volume: 3,446,653 shares
Today's Volume Vs. Average: 136%

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Short Selling Chegg ?

Short Interest Chart Days to Cover Chart Short Percent of Float Chart

CHGG Short Interest Over Time

CHGG Days to Cover Over Time

CHGG Percentage of Float Shorted Over Time

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Chegg Short Interest History

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Report Date	Total Shares Sold Short	Dollar Volume Sold Short	Change from Previous Report	Percentage of Float Shorted	Days to Cover	Price on Report Date
7/15/2024	17,000,000 shares	$53.81 million	+1.5%	17.5%	3.9	$3.17
6/30/2024	16,750,000 shares	$52.93 million	-11.2%	17.3%	4.2	$3.16
6/15/2024	18,860,000 shares	$52.62 million	+5.2%	19.4%	5	$2.79
5/31/2024	17,930,000 shares	$68.85 million	+20.1%	18.5%	5.8	$3.84
5/15/2024	14,930,000 shares	$68.98 million	+14.9%	15.1%	5	$4.62
4/30/2024	12,990,000 shares	$67.09 million	-7.8%	13.3%	4.5	$5.17
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4/15/2024	14,090,000 shares	$96.66 million	+3.5%	14.3%	5.3	$6.86
3/31/2024	13,610,000 shares	$103.03 million	-13.2%	13.7%	5	$7.57
3/15/2024	15,680,000 shares	$125.05 million	+5.3%	15.8%	5.7	$7.98
2/29/2024	14,890,000 shares	$133.19 million	-13.8%	15.0%	5.3	$8.95
2/15/2024	17,280,000 shares	$160.88 million	+9.6%	17.4%	6.3	$9.31
1/31/2024	15,770,000 shares	$155.33 million	+0.7%	15.9%	5.8	$9.85
1/15/2024	15,660,000 shares	$173.83 million	-5.8%	14.0%	5.9	$11.10
12/31/2023	16,630,000 shares	$188.92 million	-0.1%	14.9%	6.6	$11.36
12/15/2023	16,650,000 shares	$177.82 million	-6.1%	14.9%	6.7	$10.68
11/30/2023	17,740,000 shares	$176.16 million	-7.0%	15.9%	7.6	$9.93
11/15/2023	19,080,000 shares	$200.15 million	+150.1%	17.1%	8.2	$10.49
10/31/2023	7,630,000 shares	$57.38 million	+23.3%	6.8%	3.3	$7.52
10/15/2023	6,190,000 shares	$51.13 million	+16.4%	5.6%	2.6	$8.26
9/30/2023	5,320,000 shares	$47.45 million	+27.6%	4.8%	2.1	$8.92
9/15/2023	4,170,000 shares	$40.93 million	-22.1%	3.8%	1.5	$9.82
8/31/2023	5,350,000 shares	$54.68 million	-0.2%	4.8%	1.8	$10.22
8/15/2023	5,360,000 shares	$52.50 million	-11.0%	4.8%	1.7	$9.80
7/31/2023	6,020,000 shares	$60.98 million	-36.4%	5.4%	1.8	$10.13
7/15/2023	9,460,000 shares	$86.84 million	-12.7%	8.2%	2.1	$9.18
6/30/2023	10,840,000 shares	$96.26 million	+11.3%	9.4%	2.3	$8.88
6/15/2023	9,740,000 shares	$99.45 million	-1.3%	8.4%	2.1	$10.21
5/31/2023	9,870,000 shares	$88.63 million	+7.5%	8.5%	2.2	$8.98
5/15/2023	9,180,000 shares	$88.68 million	-10.6%	7.9%	2.1	$9.66
4/30/2023	10,270,000 shares	$184.65 million	-14.4%	8.9%	2.2	$17.98
4/15/2023	11,990,000 shares	$219.18 million	+10.3%	9.8%	4	$18.28
3/31/2023	10,870,000 shares	$177.18 million	-16.9%	8.9%	3.6	$16.30
3/15/2023	13,080,000 shares	$210.98 million	-16.9%	10.6%	4.8	$16.13
2/28/2023	15,730,000 shares	$249.95 million	+85.3%	12.8%	6.3	$15.89
2/15/2023	8,490,000 shares	$145.94 million	+12.3%	6.9%	3.7	$17.19
1/31/2023	7,560,000 shares	$156.95 million	+69.1%	6.7%	3.5	$20.76
1/15/2023	4,470,000 shares	$110.05 million	-8.4%	3.7%	2.6	$24.62
12/30/2022	4,880,000 shares	$123.32 million	+22.3%	4.0%	3.3	$25.27
12/15/2022	3,990,000 shares	$110.20 million	-15.1%	3.3%	2.6	$27.62
11/30/2022	4,700,000 shares	$140.25 million	+0.4%	3.9%	3	$29.84
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11/15/2022	4,680,000 shares	$135.25 million	-13.2%	3.8%	2.9	$28.90
10/31/2022	5,390,000 shares	$116.26 million	-19.8%	4.4%	3.3	$21.57
10/15/2022	6,720,000 shares	$134.53 million	+5.3%	5.5%	4.4	$20.02
9/30/2022	6,380,000 shares	$134.43 million	+5.1%	5.2%	3.9	$21.07
9/15/2022	6,070,000 shares	$139.19 million	-3.7%	5.0%	3.1	$22.93
8/31/2022	6,300,000 shares	$123.98 million	No Change	5.1%	2.9	$19.68
8/15/2022	6,300,000 shares	$142.07 million	-10.3%	5.1%	2.7	$22.55
7/31/2022	7,020,000 shares	$149.53 million	-3.8%	5.8%	2.6	$21.30
7/15/2022	7,300,000 shares	$141.77 million	+1.1%	7.0%	1.8	$19.42
6/30/2022	7,220,000 shares	$135.59 million	+38.9%	7.0%	1.7	$18.78
6/15/2022	5,200,000 shares	$96.67 million	-9.9%	5.0%	1.3	$18.59
5/31/2022	5,770,000 shares	$112.28 million	-10.5%	4.7%	1.5	$19.46
5/15/2022	6,450,000 shares	$117.39 million	+14.4%	5.3%	1.7	$18.20
4/30/2022	5,640,000 shares	$139.53 million	-15.8%	4.6%	1.3	$24.74
4/15/2022	6,700,000 shares	$216.81 million	-9.5%	5.4%	2.1	$32.36
3/31/2022	7,400,000 shares	$268.47 million	-5.3%	5.6%	2.2	$36.28
3/15/2022	7,810,000 shares	$240.63 million	-0.8%	5.9%	2.1	$30.81
2/28/2022	7,870,000 shares	$246.09 million	-3.9%	6.0%	2	$31.27
2/15/2022	8,190,000 shares	$252.01 million	+4.2%	6.2%	1.8	$30.77
1/31/2022	7,860,000 shares	$208.05 million	-9.8%	5.9%	1.6	$26.47
1/15/2022	8,710,000 shares	$252.07 million	-32.3%	6.1%	1.4	$28.94
12/31/2021	12,870,000 shares	$395.11 million	-18.5%	N/A	2.2	$30.70
12/15/2021	15,790,000 shares	$440.38 million	+60.5%	N/A	2.9	$27.89
11/30/2021	9,840,000 shares	$274.04 million	+4.7%	N/A	1.9	$27.85
11/15/2021	9,400,000 shares	$275.51 million	-29.4%	N/A	2.2	$29.31
10/29/2021	13,320,000 shares	$791.74 million	+15.6%	N/A	3.6	$59.44
10/15/2021	11,520,000 shares	$705.95 million	+4.4%	8.1%	7.7	$61.28
9/30/2021	11,040,000 shares	$750.94 million	+3.3%	7.8%	8.6	$68.02
9/15/2021	10,690,000 shares	$792.66 million	-4.9%	7.5%	9.3	$74.15
8/31/2021	11,240,000 shares	$935.39 million	-4.1%	7.9%	10.5	$83.22
8/13/2021	11,720,000 shares	$975.69 million	+2.2%	8.3%	10.5	$83.25
7/30/2021	11,470,000 shares	$1.02 billion	-0.4%	8.3%	8.9	$88.63
7/15/2021	11,520,000 shares	$938.53 million	+1.5%	8.3%	8.3	$81.47
6/30/2021	11,350,000 shares	$943.30 million	+3.9%	8.2%	7.9	$83.11
6/15/2021	10,920,000 shares	$835.60 million	+1.8%	7.9%	7.5	$76.52
5/28/2021	10,730,000 shares	$825.24 million	-10.1%	7.8%	6.9	$76.91
5/14/2021	11,930,000 shares	$907.52 million	-0.2%	N/A	6.6	$76.07
4/30/2021	11,950,000 shares	$1.10 billion	-3.6%	N/A	6.3	$92.28
4/15/2021	12,400,000 shares	$1.11 billion	+0.7%	N/A	6.6	$89.16
3/31/2021	12,320,000 shares	$1.03 billion	+1.0%	N/A	6.4	$83.44
3/15/2021	12,200,000 shares	$1.09 billion	-3.9%	N/A	6	$89.20
2/26/2021	12,690,000 shares	$1.18 billion	+2.3%	N/A	6.3	$93.35
2/12/2021	12,400,000 shares	$1.32 billion	-8.6%	N/A	6.3	$106.37
1/29/2021	13,560,000 shares	$1.28 billion	-5.6%	N/A	7	$94.17
1/15/2021	14,370,000 shares	$1.44 billion	+5.8%	N/A	7.1	$100.45
12/31/2020	13,580,000 shares	$1.23 billion	+0.5%	N/A	6.8	$90.57
12/15/2020	13,510,000 shares	$1.13 billion	+2.7%	N/A	6.7	$83.46
11/30/2020	13,150,000 shares	$986.38 million	-6.5%	N/A	6.3	$75.01
11/15/2020	14,070,000 shares	$990.39 million	-9.8%	N/A	6.1	$70.39
10/30/2020	15,600,000 shares	$1.17 billion	+5.1%	N/A	6.1	$74.84
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10/15/2020	14,850,000 shares	$1.25 billion	+3.6%	N/A	5.3	$84.00
9/30/2020	14,340,000 shares	$1.02 billion	+13.0%	N/A	5	$71.44
9/15/2020	12,690,000 shares	$842.49 million	-5.7%	10.6%	3.8	$66.39
8/31/2020	13,460,000 shares	$992.54 million	+3.3%	11.3%	3.7	$73.74
8/14/2020	13,030,000 shares	$1.01 billion	-2.0%	10.9%	3.6	$77.14
7/31/2020	13,300,000 shares	$1.08 billion	-2.5%	11.2%	3.7	$80.97
7/15/2020	13,640,000 shares	$967.21 million	+6.0%	11.5%	3.3	$70.91
6/30/2020	12,870,000 shares	$865.64 million	-17.1%	10.9%	3.2	$67.26
6/15/2020	15,520,000 shares	$883.09 million	+8.8%	13.1%	4.3	$56.90
5/29/2020	14,270,000 shares	$862.91 million	+3.9%	12.0%	4.1	$60.47
5/15/2020	13,730,000 shares	$915.24 million	-16.4%	11.6%	4.2	$66.66
4/30/2020	16,420,000 shares	$689.97 million	-6.0%	13.9%	5.2	$42.02
4/15/2020	17,470,000 shares	$694.43 million	+0.8%	14.8%	8.5	$39.75
3/31/2020	17,340,000 shares	$684.41 million	-5.0%	14.9%	8.7	$39.47
3/13/2020	18,255,900 shares	$687.33 million	+7.1%	15.3%	12.9	$37.65
2/28/2020	17,040,000 shares	$581.75 million	+1.0%	14.6%	12.1	$34.14
2/14/2020	16,880,000 shares	$657.81 million	+0.2%	14.5%	13	$38.97
1/31/2020	16,840,000 shares	$627.46 million	-10.6%	14.6%	14.8	$37.26
1/15/2020	18,830,000 shares	$770.34 million	-2.4%	16.3%	14.9	$40.91
12/31/2019	19,300,000 shares	$824.50 million	+1.7%	16.7%	15.8	$42.72

CHGG Short Interest - Frequently Asked Questions

What is Chegg's current short interest?: Short interest is the volume of Chegg shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 17,000,000 shares of CHGG short. 17.52% of Chegg's shares are currently sold short. Learn More on Chegg's current short interest.
What is a good short interest ratio for Chegg?: 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. CHGG shares currently have a short interest ratio of 4.0. Learn More on Chegg's short interest ratio.
Which institutional investors are shorting Chegg?: As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Chegg: Walleye Trading LLC, PEAK6 Investments LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.
What is a good short interest percentage for Chegg?: 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. 17.52% of Chegg's floating shares are currently sold short.
Is Chegg's short interest increasing or decreasing?: Chegg saw a increase in short interest in July. As of July 15th, there was short interest totaling 17,000,000 shares, an increase of 1.5% from the previous total of 16,750,000 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 Chegg's float size?: Chegg currently has issued a total of 102,220,000 shares. Some of Chegg'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. Chegg currently has a public float of 97,030,000 shares.

How does Chegg's short interest compare to its competitors?: 17.52% of Chegg's shares are currently sold short. Here is how the short interest of companies in the industry of "educational services" compare to Chegg: Udemy, Inc. (10.80%), Gaotu Techedu Inc. (5.72%), Universal Technical Institute, Inc. (3.36%), Youdao, Inc. (1.25%), Lincoln Educational Services Co. (1.26%), American Public Education, Inc. (4.84%), Nerdy, Inc. (15.59%), Vasta Platform Limited (0.06%), Sunlands Technology Group (0.59%), QuantaSing Group Limited (0.96%),
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. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.
What does it mean to sell short Chegg stock?: Short selling CHGG is an investing strategy that aims to generate trading profit from Chegg as its price is falling. CHGG shares are trading down $0.01 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 Chegg?: A short squeeze for Chegg 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 CHGG, which in turn drives the price of the stock up even further.
How often is Chegg'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 CHGG, twice per month. The most recent reporting period available is July, 15 2024.