CVS Health (CVS) Short Interest Ratio & Short Volume

Short interest is the volume of CVS Health shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 22,720,000 shares of CVS short. 1.80% of CVS Health's shares are currently sold short. Learn More on CVS Health'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. CVS shares currently have a short interest ratio of 2.0. Learn More on CVS Health's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of CVS Health: Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., HAP Trading LLC, Caas Capital Management LP, Citadel Advisors LLC, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Nomura Holdings Inc., Verition Fund Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital US LLC, Eisler Capital UK Ltd., Goldman Sachs Group Inc., Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Mendel Money Management, IMC Chicago LLC, Wells Fargo & Company MN, UBS Group AG, 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.

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. 1.80% of CVS Health's floating shares are currently sold short.

CVS Health saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 22,720,000 shares, an increase of 21.9% from the previous total of 18,640,000 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.

CVS Health currently has issued a total of 1,260,480,000 shares. Some of CVS 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. CVS Health currently has a public float of 1,260,000,000 shares.

1.80% of CVS Health's shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to CVS Health: Chipotle Mexican Grill, Inc. (2.78%), Starbucks Co. (1.43%), Target Co. (1.53%), MercadoLibre, Inc. (1.47%), The TJX Companies, Inc. (1.09%), O'Reilly Automotive, Inc. (1.21%), Booking Holdings Inc. (2.20%), AutoZone, Inc. (2.27%), Ross Stores, Inc. (1.07%), Lowe's Companies, Inc. (1.38%),

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.

Short selling CVS is an investing strategy that aims to generate trading profit from CVS Health as its price is falling. CVS shares are trading up $0.79 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 CVS Health 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 CVS, 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 CVS, twice per month. The most recent reporting period available is March, 31 2024.