CMG Holdings Group Short Interest Ratio and Short Volume

Short interest is the volume of CMG Holdings Group shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 8,100 shares of CMGO short.

CMG Holdings Group saw a drop in short interest in April. As of April 15th, there was short interest totaling 8,100 shares, a drop of 87.3% from the previous total of 63,800 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.

0.00% of CMG Holdings Group's shares are currently sold short. Here is how the short interest of companies in the industry of "advertising" compare to CMG Holdings Group: Naspers Limited (0.00%), Z Holdings Co. (0.00%), Angi Inc. (12.56%), Clear Channel Outdoor Holdings, Inc. (4.66%), Quotient Technology Inc. (3.10%), National CineMedia, Inc. (3.83%), Fluent, Inc. (4.67%), Travelzoo (2.34%), IZEA Worldwide, Inc. (0.00%), and Inuvo, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling CMGO is an investing strategy that aims to generate trading profit from CMG Holdings Group as its price is falling. To short CMG Holdings Group 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 CMG Holdings Group 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 CMG Holdings 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 CMGO, 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 CMGO, twice per month. The most recent reporting period available is April, 15 2021.