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Carvana Short Interest Ratio and Short Volume

-7.75 (-3.88 %)
(As of 10/21/2020 12:00 AM ET)
Today's Range
Now: $192.23
50-Day Range
MA: $202.05
52-Week Range
Now: $192.23
Volume1.30 million shs
Average Volume2.50 million shs
Market Capitalization$32.80 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Carvana (NYSE:CVNA) Short Interest Data

Current Short Volume:18,600,000 shares
Previous Short Volume:18,510,000 shares
Change Vs. Previous Month:+0.49%
Dollar Volume Sold Short:$4.03 billion
Short Interest Ratio / Days to Cover:10.0
Last Record Date:September, 30 2020
Outstanding Shares:49,570,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:1,304,274 shares
Average Trading Volume:2,498,606 shares
Today's Volume Vs. Average:-47.80%

Carvana (NYSE:CVNA) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/202018,600,000 $4.03 billion 0.5%0.0%9.9$216.85
9/15/202018,510,000 $3.76 billion 2.5%0.0%9.7$203.26
8/31/202018,060,000 $3.26 billion -3.3%0.0%10.4$180.68
8/14/202018,680,000 $4.24 billion -7.3%0.0%9.8$227.19
7/31/202020,150,000 $3.95 billion -7.1%0.0%9.4$196.05
7/15/202021,680,000 $3.36 billion 1.5%0.0%9.7$154.95
6/30/202021,360,000 $3.17 billion 1.6%0.0%8$148.36
6/15/202021,020,000 $2.66 billion -8.0%0.0%6.5$126.62
5/29/202022,850,000 $2.56 billion -1.2%0.0%6$112.25
5/15/202023,120,000 $2.15 billion 7.6%0.0%5.9$92.98
4/30/202021,480,000 $2.07 billion -6.7%0.0%5.7$96.14
4/15/202023,030,000 $2.32 billion -3.4%47.3%6.7$100.67
3/31/202023,830,000 $2.20 billion 7.4%48.9%7.7$92.24
3/13/202022,178,900 $1.36 billion 20.3%45.0%12.1$61.35
2/28/202018,440,000 $660.15 million 3.1%37.5%10.1$35.80
2/14/202017,880,000 $1.12 billion -2.4%36.5%11.9$62.77
1/31/202018,320,000 $1.86 billion -0.1%37.4%12.1$101.56
1/15/202018,330,000 $1.57 billion 5.8%37.4%12.6$85.80
12/31/201917,330,000 $1.44 billion -2.5%35.4%12$83.11

Carvana (NYSE:CVNA) Short Interest FAQ

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What is Carvana's current short interest?

Short interest is the volume of Carvana shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 18,600,000 shares of CVNA short. 0.00% of Carvana's shares are currently sold short. View details.

What is a good short interest ratio for Carvana?

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. Carvana currently has a short interest ratio of 10.0.

Is Carvana's short interest increasing or decreasing?

Carvana saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 18,600,000 shares, an increase of 0.5% from the previous total of 18,510,000 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.

How does Carvana's short interest compare to its competitors?

0.00% of Carvana's shares are currently sold short. Here is how the short interest of companies in the industry of "automotive dealers & gasoline service stations" compare to Carvana: Copart, Inc. (1.64%), CarMax, Inc. (6.12%), IAA (0.00%), Casey's General Stores, Inc. (1.23%), Lithia Motors, Inc. (11.14%), AutoNation, Inc. (5.01%), Penske Automotive Group, Inc. (11.62%), Murphy USA Inc (4.63%), Camping World Holdings Inc (16.76%), and Group 1 Automotive, Inc. (15.42%).

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 ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Carvana stock?

Short selling CVNA is an investing strategy that aims to generate trading profit from Carvana as its price is falling. Carvana's stock is trading down $7.75 today. To short Carvana 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 Carvana 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 Carvana?

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

How often is Carvana'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 CVNA, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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