CIT Group (CIT) Short Interest Ratio & Short Volume → Protect Yourself While There’s Still Time … (From Weiss Ratings) (Ad) Free CIT Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Short InterestStock Analysis CIT Group Short Interest DataCurrent Short Volume5,720,000 sharesPrevious Short Volume5,960,000 sharesChange Vs. Previous Month-4.03%Dollar Volume Sold Short$274.27 millionShort Interest Ratio / Days to Cover9.6Last Record DateDecember 15, 2021Outstanding Shares99,170,000 sharesFloat Size97,640,000 sharesShort Percent of Float5.86%Today's Trading Volume32,810,120 sharesAverage Trading Volume778,897 sharesToday's Volume Vs. Average4,212% Short Selling CIT Group ? Sign up to receive the latest short interest report for CIT Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatCIT Short Interest Over TimeCIT Days to Cover Over TimeCIT Percentage of Float Shorted Over Time Ad Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. CIT Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 12/15/20215,720,000 shares $274.27 million -4.0%5.9%9.6 $47.95 11/30/20215,960,000 shares $292.40 million +16.2%6.1%11.1 $49.06 11/15/20215,130,000 shares $260.81 million +4.1%5.3%9.1 $50.84 10/29/20214,930,000 shares $244.18 million -3.9%5.0%9.3 $49.53 10/15/20215,130,000 shares $270.35 million +1.6%5.3%9.4 $52.70 9/30/20215,050,000 shares $262.35 million +1.6%5.2%8.1 $51.95 Get the Latest News and Ratings for CIT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for CIT Group and its competitors with MarketBeat's FREE daily newsletter. 9/15/20214,970,000 shares $253.67 million +1.6%5.1%7.1 $51.04 8/31/20214,890,000 shares $271.00 million +2.7%5.0%6.5 $55.42 8/13/20214,760,000 shares $251.76 million +24.6%4.9%6.2 $52.89 7/30/20213,820,000 shares $184.28 million -1.0%3.9%4.6 $48.24 7/15/20213,860,000 shares $188.72 million +13.9%3.9%4.4 $48.89 6/30/20213,390,000 shares $174.89 million -26.9%3.5%3.9 $51.59 6/15/20214,640,000 shares $246.34 million -7.6%4.7%5.9 $53.09 5/28/20215,020,000 shares $265.96 million +7.0%5.1%6.1 $52.98 5/14/20214,690,000 shares $244.63 million +1.5%N/A5.2 $52.16 4/30/20214,620,000 shares $243.71 million +0.9%N/A5 $52.75 4/15/20214,580,000 shares $235.64 million +10.6%N/A4.9 $51.45 3/31/20214,140,000 shares $217.39 million +7.0%N/A4.5 $52.51 3/15/20213,870,000 shares $205.42 million +13.5%N/A3.8 $53.08 2/26/20213,410,000 shares $158.26 million -2.9%N/A3.4 $46.41 2/12/20213,510,000 shares $156.41 million -14.4%N/A3.4 $44.56 1/29/20214,100,000 shares $155.06 million +5.1%N/A3.4 $37.82 1/15/20213,900,000 shares $154.99 million +2.4%N/A2.7 $39.74 12/31/20203,810,000 shares $135.06 million -15.3%N/A1.8 $35.45 12/15/20204,500,000 shares $168.30 million -3.2%N/A2 $37.40 11/30/20204,650,000 shares $160.24 million -5.5%N/A2 $34.46 11/15/20204,920,000 shares $169.00 million +7.0%N/A2.1 $34.35 10/30/20204,600,000 shares $133.40 million -15.1%N/A2 $29.00 10/15/20205,420,000 shares $103.68 million -10.7%N/A2.5 $19.13 9/30/20206,070,000 shares $107.50 million +4.8%N/A3.5 $17.71 9/15/20205,790,000 shares $104.28 million -3.0%N/A2.9 $18.01 8/31/20205,970,000 shares $117.43 million -1.5%N/A2.7 $19.67 8/14/20206,060,000 shares $127.50 million -10.0%N/A2.4 $21.04 7/31/20206,730,000 shares $127.67 million -4.5%N/A2.4 $18.97 7/15/20207,050,000 shares $146.29 million -7.5%N/A2.4 $20.75 6/30/20207,620,000 shares $157.96 million +50.6%N/A2.6 $20.73 6/15/20205,060,000 shares $121.09 million -23.1%N/A1.7 $23.93 5/29/20206,580,000 shares $119.36 million -11.9%N/A2.2 $18.14 5/15/20207,470,000 shares $106.60 million +39.4%N/A2.7 $14.27 4/30/20205,360,000 shares $101.73 million +7.9%N/A2.3 $18.98Protect Yourself While There’s Still Time … (Ad)The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. CIT Short Interest - Frequently Asked Questions What is CIT Group's current short interest? Short interest is the volume of CIT Group shares that have been sold short but have not yet been covered or closed out. As of December 15th, traders have sold 5,720,000 shares of CIT short. 5.86% of CIT Group's shares are currently sold short. Learn More on CIT Group's current short interest. What is a good short interest ratio for CIT 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. CIT shares currently have a short interest ratio of 10.0. Learn More on CIT Group's short interest ratio. What is a good short interest percentage for CIT 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. 5.86% of CIT Group's floating shares are currently sold short. Is CIT Group's short interest increasing or decreasing? CIT Group saw a decline in short interest in December. As of December 15th, there was short interest totaling 5,720,000 shares, a decline of 4.0% from the previous total of 5,960,000 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 CIT Group's float size? CIT Group currently has issued a total of 99,170,000 shares. Some of CIT 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. CIT Group currently has a public float of 97,640,000 shares. How does CIT Group's short interest compare to its competitors? 5.86% of CIT Group's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to CIT Group: Synovus Financial Corp. (4.33%), F.N.B. Co. (2.76%), Old National Bancorp (3.27%), BOK Financial Co. (2.29%), Zions Bancorporation, National Association (6.14%), Pinnacle Financial Partners, Inc. (2.26%), UMB Financial Co. (1.37%), Cullen/Frost Bankers, Inc. (3.33%), BancFirst Co. (2.79%), Webster Financial Co. (1.80%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($10.20 billion), S&P Global Inc. ($9.27 billion), Canadian Pacific Kansas City Limited ($8.89 billion), Charter Communications, Inc. ($4.91 billion), Palo Alto Networks, Inc. ($3.82 billion), Wayfair Inc. ($3.47 billion), Lucid Group, Inc. ($3.06 billion), Zscaler, Inc. ($2.54 billion), Teladoc Health, Inc. ($2.27 billion), and Datadog, Inc. ($2.24 billion). View all of the most shorted stocks. What does it mean to sell short CIT Group stock? Short selling CIT is an investing strategy that aims to generate trading profit from CIT Group as its price is falling. 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 CIT Group? A short squeeze for CIT Group 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 CIT, which in turn drives the price of the stock up even further. How often is CIT 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 CIT, twice per month. The most recent reporting period available is December, 15 2021. More Short Interest Resources from MarketBeat Related Companies: Synovus Financial Short Interest F.N.B. Short Interest Old National Bancorp Short Interest BOK Financial Short Interest Zions Bancorporation, National Association Short Interest Pinnacle Financial Partners Short Interest UMB Financial Short Interest Cullen/Frost Bankers Short Interest BancFirst Short Interest Webster Financial Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:CIT) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? 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