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Concentrix (CNXC) Short Interest Ratio & Short Volume

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$43.72 +4.16 (+10.52%)
(As of 11/22/2024 ET)

Concentrix Short Interest Data

Concentrix (CNXC) has a short interest of 6.31 million shares, representing 13.67% of the float (the number of shares available for trading by the public). This marks a 9.74% increase in short interest from the previous month. The short interest ratio (days to cover) is 9.0, indicating that it would take 9.0 days of the average trading volume of 571,205 shares to cover all short positions.

Current Short Interest
6,310,000 shares
Previous Short Interest
5,750,000 shares
Change Vs. Previous Month
+9.74%
Dollar Volume Sold Short
$268.24 million
Short Interest Ratio
9.0 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
64,820,000 shares
Float Size
46,160,000 shares
Short Percent of Float
13.67%
Today's Trading Volume
1,890,617 shares
Average Trading Volume
571,205 shares
Today's Volume Vs. Average
331%
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CNXC Short Interest Over Time

CNXC Days to Cover Over Time

CNXC Percentage of Float Shorted Over Time

Concentrix Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20246,310,000 shares $268.24 million +9.7%13.7%9 $42.51
10/15/20245,750,000 shares $287.04 million +15.2%12.5%8.6 $49.92
9/30/20244,990,000 shares $255.74 million +55.9%10.8%8.4 $51.25
9/15/20243,200,000 shares $216.35 million +2.2%6.9%7.4 $67.61
8/31/20243,130,000 shares $235.47 million +3.3%6.8%7.5 $75.23
8/15/20243,030,000 shares $201.43 million +21.2%6.5%7.3 $66.48
7/31/20242,500,000 shares $176.25 million -14.1%5.3%5.7 $70.50
7/15/20242,910,000 shares $206.90 million +1.8%6.2%6.5 $71.10
6/30/20242,860,000 shares $180.98 million +3.3%6.1%6.1 $63.28
6/15/20242,770,000 shares $161.27 million -5.1%5.9%5.4 $58.22
5/31/20242,920,000 shares $179.08 million +14.1%6.2%5.5 $61.33
5/15/20242,560,000 shares $165.25 million -2.7%5.4%4.5 $64.55
4/30/20242,630,000 shares $143.78 million +20.6%5.6%4.6 $54.67
4/15/20242,180,000 shares $125.24 million +0.5%4.6%3.6 $57.45
3/31/20242,170,000 shares $143.70 million -0.9%4.6%3.8 $66.22
3/15/20242,190,000 shares $133.00 million +4.8%4.6%4.6 $60.73
2/29/20242,090,000 shares $151.42 million -0.5%4.4%4.1 $72.45
2/15/20242,100,000 shares $177.43 million +5.0%4.4%4.6 $84.49
1/31/20242,000,000 shares $177.74 million +1.0%5.2%4.4 $88.87
1/15/20241,980,000 shares $187.92 million -2.0%5.1%4.9 $94.91
12/31/20232,020,000 shares $198.38 million -6.1%5.2%4.9 $98.21
12/15/20232,150,000 shares $206.53 million -16.0%5.6%4.8 $96.06
11/30/20232,560,000 shares $240.61 million +7.1%6.6%6.6 $93.99
11/15/20232,390,000 shares $213.04 million +1.7%6.2%6.4 $89.14
10/31/20232,350,000 shares $179.09 million +9.3%4.9%6.5 $76.21
10/15/20232,150,000 shares $170.17 million +8.0%4.5%5.6 $79.15
9/30/20231,990,000 shares $159.42 million +9.3%6.1%5.1 $80.11
9/15/20231,820,000 shares $134.48 million +7.1%4.2%4.5 $73.89
8/31/20231,700,000 shares $135.71 million -15.8%3.9%4 $79.83
8/15/20232,020,000 shares $148.65 million +2.0%4.7%4.3 $73.59
7/31/20231,980,000 shares $164.82 million +5.3%4.6%4.1 $83.24
7/15/20231,880,000 shares $161.79 million No Change4.4%4.1 $86.06
6/30/20231,880,000 shares $151.81 million +13.3%4.4%4.1 $80.75
6/15/20231,660,000 shares $138.88 million -10.8%3.8%4.1 $83.66
5/31/20231,860,000 shares $163.12 million +18.5%4.3%4.9 $87.70
5/15/20231,570,000 shares $142.92 million +24.6%3.6%4.8 $91.03
4/30/20231,260,000 shares $121.60 million +21.2%2.9%4.2 $96.51
4/15/20231,040,000 shares $114.80 million +2.0%2.4%3.6 $110.38
3/31/20231,020,000 shares $123.98 million +16.7%2.4%3.6 $121.55
3/15/2023873,700 shares $103.38 million +57.7%2.0%3.6 $118.32
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2/28/2023553,900 shares $75.80 million -5.3%1.3%2.4 $136.84
2/15/2023584,800 shares $84.39 million -2.4%1.4%2.8 $144.30
1/31/2023599,400 shares $85.00 million +11.8%1.4%2.9 $141.81
1/15/2023536,200 shares $77.82 million +19.4%1.3%2.7 $145.14
12/30/2022449,200 shares $59.82 million +24.8%1.1%2.3 $133.16
12/15/2022360,000 shares $45.03 million +3.6%0.8%1.8 $125.09
11/30/2022347,500 shares $42.53 million -12.6%0.8%1.7 $122.38
11/15/2022397,600 shares $49.55 million -28.8%0.9%1.9 $124.62
10/31/2022558,600 shares $68.28 million -3.0%1.3%2.5 $122.23
10/15/2022575,900 shares $67.78 million -2.4%1.3%2.5 $117.69
9/30/2022590,100 shares $65.87 million -16.3%1.4%2.4 $111.63
9/15/2022704,600 shares $84.93 million +13.9%1.6%2.8 $120.53
8/31/2022618,900 shares $77.85 million +10.1%1.4%2.5 $125.78
8/15/2022562,200 shares $75.08 million -13.4%1.3%2.3 $133.55
7/31/2022649,200 shares $86.84 million +18.3%1.5%2.7 $133.76
7/15/2022548,600 shares $68.73 million -21.5%1.3%2.1 $125.29
6/30/2022699,000 shares $94.81 million -3.7%1.6%2.7 $135.64
6/15/2022725,500 shares $106.40 million +13.1%1.7%2.6 $146.66
5/31/2022641,300 shares $99.33 million -8.3%1.5%2.3 $154.89
5/15/2022699,100 shares $102.38 million -27.1%1.6%2.5 $146.44
4/30/2022958,500 shares $150.94 million +79.2%2.2%3.4 $157.48
4/15/2022534,800 shares $81.55 million +61.9%1.2%1.8 $152.49
3/31/2022330,400 shares $55.03 million -23.8%0.8%1.1 $166.56
3/15/2022433,700 shares $84.39 million -8.1%1.0%1.6 $194.59
2/28/2022471,800 shares $94.31 million -17.9%1.1%1.8 $199.89
2/15/2022574,400 shares $117.21 million -21.1%1.3%2.2 $204.06
1/31/2022727,700 shares $146.26 million +85.7%1.7%2.8 $200.99
1/15/2022391,800 shares $65.29 million -9.7%0.9%1.6 $166.64
12/31/2021433,700 shares $77.47 million -9.5%1.0%2.1 $178.62
12/15/2021479,300 shares $81.48 million +21.6%1.1%2.3 $170.00
11/30/2021394,200 shares $65.44 million -7.5%0.9%2.1 $166.00
11/15/2021426,200 shares $78.78 million -14.4%1.0%2.4 $184.84
10/29/2021497,600 shares $88.41 million +51.8%1.2%3.2 $177.68
10/15/2021327,800 shares $59.79 million -30.9%0.8%2.3 $182.40
9/30/2021474,400 shares $83.97 million +1.9%1.1%3 $177.00
9/15/2021465,800 shares $80.30 million +2.1%1.1%2.5 $172.39
8/31/2021456,100 shares $79.08 million +6.3%1.1%2 $173.39
8/13/2021429,100 shares $71.52 million -11.9%1.0%1.8 $166.68
7/30/2021487,100 shares $79.75 million -18.9%1.1%1.9 $163.73
7/15/2021600,800 shares $96.64 million -1.9%1.4%2.4 $160.85
6/30/2021612,400 shares $98.47 million +6.3%1.4%2.6 $160.80
6/15/2021576,100 shares $87.18 million +31.4%1.4%2.6 $151.32
5/28/2021438,600 shares $66.98 million 0.0%1.0%2.2 $152.72
5/14/2021438,700 shares $66.99 million -10.2%1.0%2.2 $152.70
4/30/2021488,300 shares $77.82 million -26.9%1.2%2.5 $159.37
4/15/2021668,400 shares $103.19 million +8.7%1.6%3.3 $154.38
3/31/2021615,100 shares $89.53 million +11.4%1.5%2.8 $145.55
3/15/2021552,100 shares $76.85 million +12.5%1.3%2.5 $139.20
2/26/2021490,700 shares $57.68 million -3.8%1.2%2 $117.55
2/12/2021510,000 shares $56.25 million -2.9%1.2%1.9 $110.30
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1/29/2021525,000 shares $61.08 million -12.3%1.0%1.8 $116.35
1/15/2021598,500 shares $73.51 million No Change1.2%1.9 $122.83

CNXC Short Interest - Frequently Asked Questions

What is Concentrix's current short interest?

Short interest is the volume of Concentrix shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 6,310,000 shares of CNXC short. 13.67% of Concentrix's shares are currently sold short. Learn More on Concentrix's current short interest.

What is a good short interest ratio for Concentrix?

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. CNXC shares currently have a short interest ratio of 9.0. Learn More on Concentrix's short interest ratio.

Which institutional investors are shorting Concentrix?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Concentrix: Wolverine Trading LLC, Walleye Trading LLC, Walleye Capital LLC, and PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Concentrix?

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. 13.67% of Concentrix's floating shares are currently sold short.

Is Concentrix's short interest increasing or decreasing?

Concentrix saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 6,310,000 shares, an increase of 9.7% from the previous total of 5,750,000 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 Concentrix's float size?

Concentrix currently has issued a total of 64,820,000 shares. Some of Concentrix'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. Concentrix currently has a public float of 46,160,000 shares.

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

13.67% of Concentrix's shares are currently sold short. Here is how the short interest of companies in the industry of "business services, not elsewhere classified" compare to Concentrix: Shift4 Payments, Inc. (8.58%), HealthEquity, Inc. (4.80%), ExlService Holdings, Inc. (2.38%), WEX Inc. (2.19%), Lyft, Inc. (11.12%), Etsy, Inc. (15.88%), Nuvei Co. (3.91%), TriNet Group, Inc. (2.99%), Paymentus Holdings, Inc. (2.01%), Maximus, Inc. (1.30%),

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. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Concentrix stock?

Short selling CNXC is an investing strategy that aims to generate trading profit from Concentrix as its price is falling. CNXC shares are trading up $4.16 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 Concentrix?

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

How often is Concentrix'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 CNXC, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:CNXC) was last updated on 11/23/2024 by MarketBeat.com Staff
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