CURO Group (CURO) Short Interest Ratio & Short Volume

Short interest is the volume of CURO Group shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 354,400 shares of CURO short. 1.85% of CURO Group's shares are currently sold short. Learn More on CURO Group's current short interest.

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. CURO shares currently have a short interest ratio of 4.0. Learn More on CURO Group's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of CURO Group: Citadel Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.85% of CURO Group's floating shares are currently sold short.

CURO Group saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 354,400 shares, a decline of 4.8% from the previous total of 372,200 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.

CURO Group currently has issued a total of 41,250,000 shares. Some of CURO 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. CURO Group currently has a public float of 19,140,000 shares.

1.85% of CURO Group's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to CURO Group: SHF Holdings, Inc. (4.11%), 9F Inc. (0.10%), Argo Blockchain plc (0.04%), Greenidge Generation Holdings Inc. (3.72%), Magic Empire Global Limited (2.82%), BTCS Inc. (0.76%), Medallion Financial Corp. (6.35%), AGM Group Holdings Inc. (0.03%), Texas Community Bancshares, Inc. (0.16%), Great Elm Capital Corp. (0.40%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling CURO is an investing strategy that aims to generate trading profit from CURO Group as its price is falling. CURO shares are trading up $0.05 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.

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

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CURO, twice per month. The most recent reporting period available is September, 15 2023.