Covenant Logistics Group (CVLG) Short Interest Ratio & Short Volume $57.74 +0.78 (+1.37%) (As of 11/22/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Covenant Logistics Group Short Interest DataCovenant Logistics Group (CVLG) has a short interest of 86,600 shares, representing 1.10% of the float (the number of shares available for trading by the public). This marks a -7.97% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.6, indicating that it would take 1.6 days of the average trading volume of 61,685 shares to cover all short positions.Current Short Interest86,600 sharesPrevious Short Interest94,100 sharesChange Vs. Previous Month-7.97%Dollar Volume Sold Short$4.38 millionShort Interest Ratio1.6 Days to CoverLast Record DateOctober 31, 2024Outstanding Shares13,180,000 sharesFloat Size7,880,000 sharesShort Percent of Float1.10%Today's Trading Volume33,625 sharesAverage Trading Volume61,685 sharesToday's Volume Vs. Average55% Short Selling Covenant Logistics Group? Sign up to receive the latest short interest report for Covenant Logistics Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartCVLG Short Interest Over TimeCVLG Days to Cover Over TimeCVLG Percentage of Float Shorted Over Time Ad Genesis Gold GroupBuffett Dumps $982 Million in BofA Stock—What Does He Know?Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.Get your FREE, no-obligation Wealth Protection Guide now Covenant Logistics Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 10/31/202486,600 shares $4.38 million -8.0%1.1%1.6 $50.60 10/15/202494,100 shares $4.94 million +26.1%1.2%1.8 $52.46 9/30/202474,600 shares $3.95 million -15.9%1.0%1.5 $53.00 9/15/202488,700 shares $4.65 million -32.0%1.1%1.7 $52.38 8/31/2024130,500 shares $6.87 million -3.1%1.7%2.6 $52.67 8/15/2024134,700 shares $7.15 million +3.5%1.7%2.6 $53.05 Get the Latest News and Ratings for CVLG and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Covenant Logistics Group and its competitors with MarketBeat's FREE daily newsletter. 7/31/2024130,200 shares $7.28 million +1.3%1.7%2.2 $55.95 7/15/2024128,500 shares $6.51 million -2.8%1.7%2.1 $50.68 6/30/2024132,200 shares $6.52 million +39.6%1.7%2.1 $49.29 6/15/202494,700 shares $4.51 million +13.8%1.2%1.5 $47.60 5/31/202483,200 shares $3.95 million -7.9%1.1%1.2 $47.53 5/15/202490,300 shares $4.22 million -11.6%1.2%1.2 $46.75 4/30/2024102,200 shares $4.62 million +73.8%1.3%1.4 $45.19 4/15/202458,800 shares $2.65 million -16.2%0.8%0.8 $45.04 3/31/202470,200 shares $3.25 million -23.9%0.9%1 $46.36 3/15/202492,200 shares $4.05 million +16.6%1.2%1.3 $43.95 2/29/202479,100 shares $3.85 million -32.9%1.0%1.1 $48.68 2/15/2024117,800 shares $6.43 million +17.9%1.5%1.9 $54.62 1/31/202499,900 shares $4.83 million -13.4%1.4%1.8 $48.34 1/15/2024115,300 shares $5.34 million +1.7%1.6%2.2 $46.29 12/31/2023113,400 shares $5.22 million -12.2%1.6%2.3 $46.04 12/15/2023129,200 shares $5.66 million -12.9%1.8%2.6 $43.82 11/30/2023148,400 shares $6.32 million No Change2.1%3 $42.57 11/15/2023148,400 shares $6.34 million +4.4%2.1%2.9 $42.75 10/31/2023142,200 shares $5.61 million -6.8%2.0%2.5 $39.49 10/15/2023152,500 shares $6.63 million +0.5%2.1%2.6 $43.46 9/30/2023151,700 shares $6.65 million -7.3%2.1%2.4 $43.85 9/15/2023163,700 shares $7.38 million -29.2%2.3%2.4 $45.09 8/31/2023231,200 shares $11.37 million +4.5%3.2%3.2 $49.17 8/15/2023221,200 shares $11.59 million -7.4%3.1%3 $52.38 7/31/2023238,800 shares $13.08 million -8.9%3.4%3.4 $54.76 7/15/2023262,100 shares $11.50 million -10.2%3.7%3.7 $43.87 6/30/2023291,700 shares $12.79 million -23.6%4.1%4.2 $43.83 6/15/2023381,600 shares $15.32 million -3.3%5.4%5.6 $40.15 5/31/2023394,500 shares $15.06 million -11.9%5.5%5.7 $38.17 5/15/2023447,700 shares $17.18 million +6.0%6.2%5.9 $38.38 4/30/2023422,400 shares $16.64 million -1.4%5.6%5 $39.39 4/15/2023428,300 shares $15.05 million +7.6%5.7%4.2 $35.13 3/31/2023398,000 shares $14.10 million +1.1%5.3%3.8 $35.42 3/15/2023393,800 shares $13.61 million +0.8%5.2%3.5 $34.5550-year Wall Street legend: “Sell this tech stock NOW” (Ad)Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies. You can watch for it for free, right here. 2/28/2023390,700 shares $13.54 million +2.8%4.4%3.4 $34.65 2/15/2023379,900 shares $12.68 million -4.6%4.3%3.3 $33.39 1/31/2023398,100 shares $13.20 million -22.4%4.5%3.3 $33.16 1/15/2023512,900 shares $18.69 million +2.0%6.0%4.6 $36.44 12/30/2022502,900 shares $17.39 million -10.2%5.9%4.1 $34.57 12/15/2022559,800 shares $20.84 million +9.6%6.6%4.5 $37.23 11/30/2022511,000 shares $19.62 million -7.0%5.9%4 $38.39 11/15/2022549,700 shares $21.71 million -4.3%6.3%4.1 $39.49 10/31/2022574,100 shares $21.72 million +11.0%5.9%4.4 $37.84 10/15/2022517,000 shares $16.05 million +4.7%5.4%3.5 $31.05 9/30/2022494,000 shares $14.18 million +13.5%5.1%3.4 $28.70 9/15/2022435,200 shares $12.61 million +9.3%4.5%2.9 $28.97 8/31/2022398,100 shares $11.19 million -9.0%4.1%2.7 $28.12 8/15/2022437,300 shares $14.34 million -11.8%4.5%3.1 $32.79 7/31/2022496,000 shares $16.60 million -4.0%4.7%3.5 $33.47 7/15/2022516,900 shares $13.90 million +3.7%4.9%4.3 $26.89 6/30/2022498,600 shares $12.51 million +8.1%4.7%4.4 $25.09 6/15/2022461,200 shares $10.55 million +31.6%4.8%4.3 $22.87 5/31/2022350,500 shares $7.95 million +55.0%3.5%3.4 $22.67 5/15/2022226,200 shares $4.92 million -8.2%2.3%2.2 $21.76 4/30/2022246,500 shares $5.06 million +20.7%2.3%2.3 $20.54 4/15/2022204,200 shares $3.68 million +15.9%1.9%2 $18.04 3/31/2022176,200 shares $3.79 million +3.5%1.6%1.7 $21.53 3/15/2022170,300 shares $3.86 million +18.5%1.6%1.5 $22.65 2/28/2022143,700 shares $3.23 million +6.1%1.3%1.3 $22.51 2/15/2022135,500 shares $2.93 million +44.3%1.2%1.2 $21.59 1/31/202293,900 shares $2.04 million -7.2%0.9%0.8 $21.72 1/15/2022101,200 shares $2.34 million -15.3%0.9%0.7 $23.16 12/31/2021119,500 shares $3.16 million -51.5%1.1%0.6 $26.43 12/15/2021246,600 shares $5.94 million -10.1%2.3%1.3 $24.09 11/30/2021274,200 shares $6.87 million -1.0%2.6%1.3 $25.07 11/15/2021276,900 shares $8.47 million -6.2%2.6%1.3 $30.59 10/29/2021295,200 shares $8.38 million -10.9%2.7%1.5 $28.40 10/15/2021331,400 shares $10.81 million +22.9%3.1%1.9 $32.62 9/30/2021269,700 shares $7.46 million -22.2%2.5%2.2 $27.65 9/15/2021346,800 shares $7.99 million +2.0%3.2%3.1 $23.05 8/31/2021340,100 shares $8.28 million -9.8%3.2%3.6 $24.36 8/13/2021376,900 shares $8.32 million +6.4%3.6%4.7 $22.08 7/30/2021354,400 shares $7.45 million +7.7%3.3%4.6 $21.01 7/15/2021329,000 shares $6.49 million -10.4%3.1%4.5 $19.73 6/30/2021367,300 shares $7.60 million -19.0%3.5%4.9 $20.68 6/15/2021453,700 shares $10.46 million -2.3%4.3%6.4 $23.06 5/28/2021464,400 shares $10.45 million -4.9%4.3%6.2 $22.51 5/14/2021488,200 shares $11.33 million -5.4%4.5%5.9 $23.20 4/30/2021515,900 shares $11.27 million +15.3%4.7%5.6 $21.84 4/15/2021447,600 shares $9.07 million +1.6%4.2%4.2 $20.26 3/31/2021440,700 shares $8.97 million -0.9%4.1%4.2 $20.36 3/15/2021444,800 shares $9.41 million -7.2%4.1%4.1 $21.15 2/26/2021479,300 shares $8.92 million +1.2%4.4%4.6 $18.61 2/12/2021473,500 shares $8.62 million +20.8%4.3%4.4 $18.2050-year Wall Street legend: “Sell this tech stock NOW” (Ad)Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies. You can watch for it for free, right here. 1/29/2021391,900 shares $5.92 million 0.0%3.5%3.7 $15.10 1/15/2021392,000 shares $6.26 million No Change3.5%3.5 $15.96 CVLG Short Interest - Frequently Asked Questions What is Covenant Logistics Group's current short interest? Short interest is the volume of Covenant Logistics Group shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 86,600 shares of CVLG short. 1.10% of Covenant Logistics Group's shares are currently sold short. Learn More on Covenant Logistics Group's current short interest. What is a good short interest ratio for Covenant Logistics 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. CVLG shares currently have a short interest ratio of 2.0. Learn More on Covenant Logistics Group's short interest ratio. Which institutional investors are shorting Covenant Logistics Group? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Covenant Logistics Group: Wolverine Trading LLC, and Walleye Capital LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Covenant Logistics 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. 1.10% of Covenant Logistics Group's floating shares are currently sold short. Is Covenant Logistics Group's short interest increasing or decreasing? Covenant Logistics Group saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 86,600 shares, a drop of 8.0% from the previous total of 94,100 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 Covenant Logistics Group's float size? Covenant Logistics Group currently has issued a total of 13,180,000 shares. Some of Covenant Logistics 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. Covenant Logistics Group currently has a public float of 7,880,000 shares. How does Covenant Logistics Group's short interest compare to its competitors? 1.10% of Covenant Logistics Group's shares are currently sold short. Here is how the short interest of companies compare to Covenant Logistics Group: Heartland Express, Inc. (2.64%), Marten Transport, Ltd. (1.36%), ZIM Integrated Shipping Services Ltd. (12.85%), Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (0.57%), Hafnia Limited (0.97%), ArcBest Co. (7.06%), Euronav NV (1.91%), International Seaways, Inc. (2.44%), BW LPG Limited (0.67%), DHT Holdings, Inc. (4.87%), 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 Covenant Logistics Group stock? Short selling CVLG is an investing strategy that aims to generate trading profit from Covenant Logistics Group as its price is falling. CVLG shares are trading up $0.78 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 Covenant Logistics Group? A short squeeze for Covenant Logistics 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 CVLG, which in turn drives the price of the stock up even further. How often is Covenant Logistics 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 CVLG, twice per month. The most recent reporting period available is October, 31 2024. More Short Interest Resources from MarketBeat Related Companies Heartland Express Short Squeeze Marten Transport Short Squeeze ZIM Integrated Shipping Services Short Squeeze Grupo Aeroportuario del Centro Norte Short Squeeze Hafnia Short Squeeze ArcBest Short Squeeze Euronav Short Squeeze International Seaways Short Squeeze BW LPG Short Squeeze DHT Short Squeeze Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:CVLG) was last updated on 11/23/2024 by MarketBeat.com Staff From Our PartnersMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | SponsoredThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. 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