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Avis Budget Group (CAR) Short Interest Ratio & Short Volume

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$96.43 +7.92 (+8.95%)
(As of 11/6/2024 ET)

Avis Budget Group Short Interest Data

Avis Budget Group (CAR) has a short interest of 3.07 million shares, representing 8.88% of the float (the number of shares available for trading by the public). This marks a 5.14% increase in short interest from the previous month. The short interest ratio (days to cover) is 4.8, indicating that it would take 4.8 days of the average trading volume of 723,543 shares to cover all short positions.

Current Short Interest
3,070,000 shares
Previous Short Interest
2,920,000 shares
Change Vs. Previous Month
+5.14%
Dollar Volume Sold Short
$237.83 million
Short Interest Ratio
4.8 Days to Cover
Last Record Date
October 15, 2024
Outstanding Shares
35,664,000 shares
Float Size
34,560,000 shares
Short Percent of Float
8.88%
Today's Trading Volume
972,520 shares
Average Trading Volume
723,543 shares
Today's Volume Vs. Average
134%
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CAR Short Interest Over Time

CAR Days to Cover Over Time

CAR Percentage of Float Shorted Over Time

Avis Budget Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/20243,070,000 shares $237.83 million +5.1%8.9%4.8 $77.47
9/30/20242,920,000 shares $255.76 million -5.8%8.5%4.9 $87.59
9/15/20243,100,000 shares $236.72 million +11.1%9.0%4.9 $76.36
8/31/20242,790,000 shares $228.75 million -1.8%8.1%4.6 $81.99
8/15/20242,840,000 shares $249.15 million +16.4%8.2%5 $87.73
7/31/20242,440,000 shares $246.46 million -3.9%7.1%3.9 $101.01
7/15/20242,540,000 shares $274.65 million -15.6%7.4%3.9 $108.13
6/30/20243,010,000 shares $314.61 million -9.6%8.7%4.4 $104.52
6/15/20243,330,000 shares $350.48 million +8.1%9.6%4.7 $105.25
5/31/20243,080,000 shares $350.29 million -13.2%8.9%4.3 $113.73
5/15/20243,550,000 shares $432.92 million +4.7%10.3%4.4 $121.95
4/30/20243,390,000 shares $323.58 million -4.2%9.8%3.5 $95.45
4/15/20243,540,000 shares $396.16 million +7.6%10.3%4 $111.91
3/31/20243,290,000 shares $402.89 million +6.1%9.6%3.9 $122.46
3/15/20243,100,000 shares $333.87 million -4.0%9.0%4 $107.70
2/29/20243,230,000 shares $348.97 million +4.9%9.4%3.8 $108.04
2/15/20243,080,000 shares $372.93 million +16.2%8.9%3.9 $121.08
1/31/20242,650,000 shares $433.83 million +2.7%7.5%5 $163.71
1/15/20242,580,000 shares $414.12 million -3.4%7.3%4.7 $160.51
12/31/20232,670,000 shares $473.28 million -36.4%7.6%5 $177.26
12/15/20234,200,000 shares $816.65 million +51.6%11.9%7.8 $194.44
11/30/20232,770,000 shares $506.49 million +3.0%7.9%5.5 $182.85
11/15/20232,690,000 shares $518.36 million +8.5%7.6%5.7 $192.70
10/31/20232,480,000 shares $403.74 million -8.2%7.0%4.6 $162.80
10/15/20232,700,000 shares $468.59 million -15.1%7.2%5 $173.55
9/30/20233,180,000 shares $571.41 million -4.8%8.4%6.1 $179.69
9/15/20233,340,000 shares $663.09 million +6.7%8.9%6.5 $198.53
8/31/20233,130,000 shares $667.91 million +3.6%8.3%5.9 $213.39
8/15/20233,020,000 shares $676.90 million +5.2%8.0%5.9 $224.14
7/31/20232,870,000 shares $632.23 million +7.5%7.6%6.3 $220.29
7/15/20232,670,000 shares $625.95 million +9.0%6.9%5.9 $234.44
6/30/20232,450,000 shares $560.24 million +6.1%6.3%5.2 $228.67
6/15/20232,310,000 shares $476.60 million -0.4%6.0%4.8 $206.32
5/31/20232,320,000 shares $389.27 million -3.7%6.0%4.9 $167.79
5/15/20232,410,000 shares $392.61 million -12.0%6.2%5.2 $162.91
4/30/20232,740,000 shares $484.08 million -10.5%7.1%5.4 $176.67
4/15/20233,060,000 shares $544.13 million +1.3%8.0%6 $177.82
3/31/20233,020,000 shares $588.30 million -6.8%7.9%5.6 $194.80
3/15/20233,240,000 shares $606.30 million -11.7%8.4%5.6 $187.13
2/28/20233,670,000 shares $806.15 million -12.8%9.5%5.6 $219.66
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2/15/20234,210,000 shares $1.04 billion -12.7%10.9%6 $246.59
1/31/20234,820,000 shares $964.19 million -7.8%11.9%6.9 $200.04
1/15/20235,230,000 shares $998.41 million -4.0%12.9%6.5 $190.90
12/30/20225,450,000 shares $893.42 million +3.2%13.4%6.6 $163.93
12/15/20225,280,000 shares $977.96 million -3.7%13.0%5.7 $185.22
11/30/20225,480,000 shares $1.23 billion -3.0%13.5%5.5 $223.60
11/15/20225,650,000 shares $1.34 billion +14.6%13.9%5.6 $236.98
10/31/20224,930,000 shares $1.17 billion -3.7%12.1%4.8 $236.46
10/15/20225,120,000 shares $854.73 million +27.7%10.9%4.9 $166.94
9/30/20224,010,000 shares $595.32 million -9.1%8.5%4.1 $148.46
9/15/20224,410,000 shares $713.10 million +30.5%9.4%4.5 $161.70
8/31/20223,380,000 shares $565.74 million +0.3%7.2%3.7 $167.38
8/15/20223,370,000 shares $638.45 million -13.8%7.2%3.7 $189.45
7/31/20223,910,000 shares $711.74 million -1.5%8.3%4 $182.03
7/15/20223,970,000 shares $602.57 million -0.3%8.4%4 $151.78
6/30/20223,980,000 shares $585.38 million -20.7%8.4%3.8 $147.08
6/15/20225,020,000 shares $868.66 million -6.0%10.6%4.7 $173.04
5/31/20225,340,000 shares $1.02 billion -5.5%11.3%5.1 $190.28
5/15/20225,650,000 shares $1.16 billion +1.4%11.9%5.2 $205.13
4/30/20225,570,000 shares $1.49 billion +1.1%11.4%4.9 $267.67
4/15/20225,510,000 shares $1.46 billion +0.4%10.4%5.1 $265.42
3/31/20225,490,000 shares $1.45 billion -24.2%10.4%5.2 $263.30
3/15/20227,240,000 shares $1.68 billion -0.4%13.7%7.1 $231.63
2/28/20227,270,000 shares $1.33 billion +8.8%13.7%7.1 $183.44
2/15/20226,680,000 shares $1.14 billion +5.4%12.0%6.4 $171.25
1/31/20226,340,000 shares $1.12 billion -1.3%11.4%6.4 $176.18
1/15/20226,420,000 shares $1.25 billion -8.6%11.6%3.8 $195.31
12/31/20217,020,000 shares $1.46 billion -13.9%12.6%3.7 $207.37
12/15/20218,150,000 shares $1.85 billion -1.2%14.7%3.9 $226.56
11/30/20218,250,000 shares $2.27 billion -4.7%14.8%3.7 $274.59
11/15/20218,660,000 shares $2.37 billion -36.0%15.6%3.7 $273.91
10/29/202113,520,000 shares $2.34 billion +0.8%24.3%5.5 $173.31
10/15/202113,420,000 shares $2.03 billion -1.5%20.5%6.8 $150.97
9/30/202113,630,000 shares $1.59 billion +3.5%20.8%7.3 $116.51
9/15/202113,170,000 shares $1.19 billion +15.5%20.1%7.7 $90.00
8/31/202111,400,000 shares $1.03 billion +14.7%17.4%7 $90.75
8/13/20219,940,000 shares $914.58 million +22.7%15.2%6.8 $92.01
7/30/20218,100,000 shares $670.44 million -4.6%12.4%5.7 $82.77
7/15/20218,490,000 shares $624.78 million +0.1%12.3%6.6 $73.59
6/30/20218,480,000 shares $660.51 million +5.0%12.3%6.8 $77.89
6/15/20218,080,000 shares $733.26 million -0.4%11.7%6.4 $90.75
5/28/20218,110,000 shares $712.22 million +1.4%11.8%6.2 $87.82
5/14/20218,000,000 shares $631.20 million +0.8%11.6%5.5 $78.90
4/30/20217,940,000 shares $699.04 million +6.3%11.5%5 $88.04
4/15/20217,470,000 shares $576.98 million -2.6%10.8%4.8 $77.24
3/31/20217,670,000 shares $575.25 million -18.7%11.1%4.8 $75.00
3/15/20219,430,000 shares $649.26 million -4.7%13.8%6.2 $68.85
2/26/20219,890,000 shares $532.28 million +7.6%14.4%6.5 $53.82
2/12/20219,190,000 shares $392.87 million -4.0%13.4%6.3 $42.75
1/29/20219,570,000 shares $395.15 million -13.7%14.0%6.5 $41.29
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1/15/202111,090,000 shares $432.29 million -8.0%16.2%6.2 $38.98
12/31/202012,050,000 shares $452.96 million -2.2%17.6%6.3 $37.59
12/15/202012,320,000 shares $459.66 million +4.0%18.0%5.9 $37.31
11/30/202011,850,000 shares $438.81 million -4.0%17.3%5.4 $37.03
11/15/202012,340,000 shares $453.00 million -1.3%18.0%5.6 $36.71
10/30/202012,500,000 shares $458.75 million -5.2%18.3%5.5 $36.70
10/15/202013,180,000 shares $393.42 million +6.5%19.3%5.5 $29.85
9/30/202012,380,000 shares $325.84 million -6.4%18.1%5.1 $26.32
9/15/202013,230,000 shares $430.11 million -2.8%19.4%4.4 $32.51
8/31/202013,610,000 shares $464.24 million -4.1%19.9%3.7 $34.11
8/14/202014,190,000 shares $443.15 million -0.1%20.8%2.8 $31.23
7/31/202014,210,000 shares $368.04 million -8.1%20.8%2.3 $25.90
7/15/202015,470,000 shares $439.66 million -4.3%22.7%2.3 $28.42
6/30/202016,160,000 shares $369.90 million -12.6%23.7%2.3 $22.89
6/15/202018,490,000 shares $487.21 million -16.7%27.1%2.6 $26.35
5/29/202022,190,000 shares $477.75 million -1.3%N/A3 $21.53
5/15/202022,480,000 shares $267.06 million +32.0%32.9%3.5 $11.88
4/30/202017,030,000 shares $280.65 million +6.3%24.9%3.3 $16.48
4/15/202016,020,000 shares $228.29 million +32.1%23.4%4 $14.25
3/31/202012,130,000 shares $158.66 million +26.7%17.7%3.5 $13.08
3/13/20209,572,700 shares $152.68 million +35.2%13.1%3 $15.95
2/28/20207,080,000 shares $94.87 million -3.2%9.7%4.7 $13.40
2/14/20207,310,000 shares $161.70 million +0.4%10.0%6.4 $22.12
1/31/20207,280,000 shares $262.23 million -4.3%10.0%7.7 $36.02
1/15/20207,610,000 shares $293.75 million -21.1%10.5%7.2 $38.60
12/31/20199,650,000 shares $330.03 million +8.1%13.3%9.4 $34.20

CAR Short Interest - Frequently Asked Questions

What is Avis Budget Group's current short interest?

Short interest is the volume of Avis Budget Group shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 3,070,000 shares of CAR short. 8.88% of Avis Budget Group's shares are currently sold short. Learn More on Avis Budget Group's current short interest.

What is a good short interest ratio for Avis Budget 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. CAR shares currently have a short interest ratio of 5.0. Learn More on Avis Budget Group's short interest ratio.

Which institutional investors are shorting Avis Budget Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Avis Budget Group: Diversify Advisory Services LLC, Cubist Systematic Strategies LLC, Susquehanna International Group LLP, Millennium Management LLC, Squarepoint Ops LLC, Cubist Systematic Strategies LLC, Bank of Montreal Can, and Lombard Odier Asset Management USA Corp. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Avis Budget 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. 8.88% of Avis Budget Group's floating shares are currently sold short.

Is Avis Budget Group's short interest increasing or decreasing?

Avis Budget Group saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,070,000 shares, an increase of 5.1% from the previous total of 2,920,000 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 Avis Budget Group's float size?

Avis Budget Group currently has issued a total of 35,664,000 shares. Some of Avis Budget 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. Avis Budget Group currently has a public float of 34,560,000 shares.

How does Avis Budget Group's short interest compare to its competitors?

8.88% of Avis Budget Group's shares are currently sold short. Here is how the short interest of companies compare to Avis Budget Group: Knight-Swift Transportation Holdings Inc. (4.02%), Landstar System, Inc. (2.85%), Ryder System, Inc. (1.42%), Werner Enterprises, Inc. (5.59%), Marten Transport, Ltd. (1.08%), Hertz Global Holdings, Inc (26.99%), Heartland Express, Inc. (2.79%), FRP Holdings, Inc. (0.42%), Old Dominion Freight Line, Inc. (3.26%), J.B. Hunt Transport Services, Inc. (2.13%),

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. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Avis Budget Group stock?

Short selling CAR is an investing strategy that aims to generate trading profit from Avis Budget Group as its price is falling. CAR shares are trading up $7.92 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.

How does a short squeeze work against Avis Budget Group?

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

How often is Avis Budget 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 CAR, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:CAR) was last updated on 11/7/2024 by MarketBeat.com Staff
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