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Chegg (CHGG) Short Interest Ratio & Short Volume

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$2.00 +0.20 (+11.08%)
(As of 11/22/2024 ET)

Chegg Short Interest Data

Chegg (CHGG) has a short interest of 10.37 million shares, representing 10.58% of the float (the number of shares available for trading by the public). This marks a -12.64% decrease in short interest from the previous month. The short interest ratio (days to cover) is 2.8, indicating that it would take 2.8 days of the average trading volume of 3.62 million shares to cover all short positions.

Current Short Interest
10,370,000 shares
Previous Short Interest
11,870,000 shares
Change Vs. Previous Month
-12.64%
Dollar Volume Sold Short
$16.59 million
Short Interest Ratio
2.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
104,307,000 shares
Float Size
98,010,000 shares
Short Percent of Float
10.58%
Today's Trading Volume
4,549,276 shares
Average Trading Volume
3,616,174 shares
Today's Volume Vs. Average
126%
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CHGG Short Interest Over Time

CHGG Days to Cover Over Time

CHGG Percentage of Float Shorted Over Time

Chegg Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202410,370,000 shares $16.59 million -12.6%10.6%2.8 $1.60
10/15/202411,870,000 shares $19.47 million +6.1%12.1%3.1 $1.64
9/30/202411,190,000 shares $19.86 million -14.5%11.4%2.9 $1.78
9/15/202413,080,000 shares $24.07 million -6.3%13.3%3.3 $1.84
8/31/202413,960,000 shares $30.15 million +6.9%14.2%3.3 $2.16
8/15/202413,060,000 shares $25.86 million -7.0%13.3%3.1 $1.98
7/31/202414,040,000 shares $47.81 million -17.4%14.3%3.3 $3.41
7/15/202417,000,000 shares $53.81 million +1.5%17.5%3.9 $3.17
6/30/202416,750,000 shares $52.93 million -11.2%17.3%4.2 $3.16
6/15/202418,860,000 shares $52.62 million +5.2%19.4%5 $2.79
5/31/202417,930,000 shares $68.85 million +20.1%18.5%5.8 $3.84
5/15/202414,930,000 shares $68.98 million +14.9%15.1%5 $4.62
4/30/202412,990,000 shares $67.09 million -7.8%13.3%4.5 $5.17
4/15/202414,090,000 shares $96.66 million +3.5%14.3%5.3 $6.86
3/31/202413,610,000 shares $103.03 million -13.2%13.7%5 $7.57
3/15/202415,680,000 shares $125.05 million +5.3%15.8%5.7 $7.98
2/29/202414,890,000 shares $133.19 million -13.8%15.0%5.3 $8.95
2/15/202417,280,000 shares $160.88 million +9.6%17.4%6.3 $9.31
1/31/202415,770,000 shares $155.33 million +0.7%15.9%5.8 $9.85
1/15/202415,660,000 shares $173.83 million -5.8%14.0%5.9 $11.10
12/31/202316,630,000 shares $188.92 million -0.1%14.9%6.6 $11.36
12/15/202316,650,000 shares $177.82 million -6.1%14.9%6.7 $10.68
11/30/202317,740,000 shares $176.16 million -7.0%15.9%7.6 $9.93
11/15/202319,080,000 shares $200.15 million +150.1%17.1%8.2 $10.49
10/31/20237,630,000 shares $57.38 million +23.3%6.8%3.3 $7.52
10/15/20236,190,000 shares $51.13 million +16.4%5.6%2.6 $8.26
9/30/20235,320,000 shares $47.45 million +27.6%4.8%2.1 $8.92
9/15/20234,170,000 shares $40.93 million -22.1%3.8%1.5 $9.82
8/31/20235,350,000 shares $54.68 million -0.2%4.8%1.8 $10.22
8/15/20235,360,000 shares $52.50 million -11.0%4.8%1.7 $9.80
7/31/20236,020,000 shares $60.98 million -36.4%5.4%1.8 $10.13
7/15/20239,460,000 shares $86.84 million -12.7%8.2%2.1 $9.18
6/30/202310,840,000 shares $96.26 million +11.3%9.4%2.3 $8.88
6/15/20239,740,000 shares $99.45 million -1.3%8.4%2.1 $10.21
5/31/20239,870,000 shares $88.63 million +7.5%8.5%2.2 $8.98
5/15/20239,180,000 shares $88.68 million -10.6%7.9%2.1 $9.66
4/30/202310,270,000 shares $184.65 million -14.4%8.9%2.2 $17.98
4/15/202311,990,000 shares $219.18 million +10.3%9.8%4 $18.28
3/31/202310,870,000 shares $177.18 million -16.9%8.9%3.6 $16.30
3/15/202313,080,000 shares $210.98 million -16.9%10.6%4.8 $16.13
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2/28/202315,730,000 shares $249.95 million +85.3%12.8%6.3 $15.89
2/15/20238,490,000 shares $145.94 million +12.3%6.9%3.7 $17.19
1/31/20237,560,000 shares $156.95 million +69.1%6.7%3.5 $20.76
1/15/20234,470,000 shares $110.05 million -8.4%3.7%2.6 $24.62
12/30/20224,880,000 shares $123.32 million +22.3%4.0%3.3 $25.27
12/15/20223,990,000 shares $110.20 million -15.1%3.3%2.6 $27.62
11/30/20224,700,000 shares $140.25 million +0.4%3.9%3 $29.84
11/15/20224,680,000 shares $135.25 million -13.2%3.8%2.9 $28.90
10/31/20225,390,000 shares $116.26 million -19.8%4.4%3.3 $21.57
10/15/20226,720,000 shares $134.53 million +5.3%5.5%4.4 $20.02
9/30/20226,380,000 shares $134.43 million +5.1%5.2%3.9 $21.07
9/15/20226,070,000 shares $139.19 million -3.7%5.0%3.1 $22.93
8/31/20226,300,000 shares $123.98 million No Change5.1%2.9 $19.68
8/15/20226,300,000 shares $142.07 million -10.3%5.1%2.7 $22.55
7/31/20227,020,000 shares $149.53 million -3.8%5.8%2.6 $21.30
7/15/20227,300,000 shares $141.77 million +1.1%7.0%1.8 $19.42
6/30/20227,220,000 shares $135.59 million +38.9%7.0%1.7 $18.78
6/15/20225,200,000 shares $96.67 million -9.9%5.0%1.3 $18.59
5/31/20225,770,000 shares $112.28 million -10.5%4.7%1.5 $19.46
5/15/20226,450,000 shares $117.39 million +14.4%5.3%1.7 $18.20
4/30/20225,640,000 shares $139.53 million -15.8%4.6%1.3 $24.74
4/15/20226,700,000 shares $216.81 million -9.5%5.4%2.1 $32.36
3/31/20227,400,000 shares $268.47 million -5.3%5.6%2.2 $36.28
3/15/20227,810,000 shares $240.63 million -0.8%5.9%2.1 $30.81
2/28/20227,870,000 shares $246.09 million -3.9%6.0%2 $31.27
2/15/20228,190,000 shares $252.01 million +4.2%6.2%1.8 $30.77
1/31/20227,860,000 shares $208.05 million -9.8%5.9%1.6 $26.47
1/15/20228,710,000 shares $252.07 million -32.3%6.1%1.4 $28.94
12/31/202112,870,000 shares $395.11 million -18.5%N/A2.2 $30.70
12/15/202115,790,000 shares $440.38 million +60.5%N/A2.9 $27.89
11/30/20219,840,000 shares $274.04 million +4.7%N/A1.9 $27.85
11/15/20219,400,000 shares $275.51 million -29.4%N/A2.2 $29.31
10/29/202113,320,000 shares $791.74 million +15.6%N/A3.6 $59.44
10/15/202111,520,000 shares $705.95 million +4.4%8.1%7.7 $61.28
9/30/202111,040,000 shares $750.94 million +3.3%7.8%8.6 $68.02
9/15/202110,690,000 shares $792.66 million -4.9%7.5%9.3 $74.15
8/31/202111,240,000 shares $935.39 million -4.1%7.9%10.5 $83.22
8/13/202111,720,000 shares $975.69 million +2.2%8.3%10.5 $83.25
7/30/202111,470,000 shares $1.02 billion -0.4%8.3%8.9 $88.63
7/15/202111,520,000 shares $938.53 million +1.5%8.3%8.3 $81.47
6/30/202111,350,000 shares $943.30 million +3.9%8.2%7.9 $83.11
6/15/202110,920,000 shares $835.60 million +1.8%7.9%7.5 $76.52
5/28/202110,730,000 shares $825.24 million -10.1%7.8%6.9 $76.91
5/14/202111,930,000 shares $907.52 million -0.2%N/A6.6 $76.07
4/30/202111,950,000 shares $1.10 billion -3.6%N/A6.3 $92.28
4/15/202112,400,000 shares $1.11 billion +0.7%N/A6.6 $89.16
3/31/202112,320,000 shares $1.03 billion +1.0%N/A6.4 $83.44
3/15/202112,200,000 shares $1.09 billion -3.9%N/A6 $89.20
2/26/202112,690,000 shares $1.18 billion +2.3%N/A6.3 $93.35
2/12/202112,400,000 shares $1.32 billion -8.6%N/A6.3 $106.37
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1/29/202113,560,000 shares $1.28 billion -5.6%N/A7 $94.17
1/15/202114,370,000 shares $1.44 billion +5.8%N/A7.1 $100.45
12/31/202013,580,000 shares $1.23 billion +0.5%N/A6.8 $90.57
12/15/202013,510,000 shares $1.13 billion +2.7%N/A6.7 $83.46
11/30/202013,150,000 shares $986.38 million -6.5%N/A6.3 $75.01
11/15/202014,070,000 shares $990.39 million -9.8%N/A6.1 $70.39
10/30/202015,600,000 shares $1.17 billion +5.1%N/A6.1 $74.84
10/15/202014,850,000 shares $1.25 billion +3.6%N/A5.3 $84.00
9/30/202014,340,000 shares $1.02 billion +13.0%N/A5 $71.44
9/15/202012,690,000 shares $842.49 million -5.7%10.6%3.8 $66.39
8/31/202013,460,000 shares $992.54 million +3.3%11.3%3.7 $73.74
8/14/202013,030,000 shares $1.01 billion -2.0%10.9%3.6 $77.14
7/31/202013,300,000 shares $1.08 billion -2.5%11.2%3.7 $80.97
7/15/202013,640,000 shares $967.21 million +6.0%11.5%3.3 $70.91
6/30/202012,870,000 shares $865.64 million -17.1%10.9%3.2 $67.26
6/15/202015,520,000 shares $883.09 million +8.8%13.1%4.3 $56.90
5/29/202014,270,000 shares $862.91 million +3.9%12.0%4.1 $60.47
5/15/202013,730,000 shares $915.24 million -16.4%11.6%4.2 $66.66
4/30/202016,420,000 shares $689.97 million -6.0%13.9%5.2 $42.02
4/15/202017,470,000 shares $694.43 million +0.8%14.8%8.5 $39.75
3/31/202017,340,000 shares $684.41 million -5.0%14.9%8.7 $39.47
3/13/202018,255,900 shares $687.33 million +7.1%15.3%12.9 $37.65
2/28/202017,040,000 shares $581.75 million +1.0%14.6%12.1 $34.14
2/14/202016,880,000 shares $657.81 million +0.2%14.5%13 $38.97
1/31/202016,840,000 shares $627.46 million -10.6%14.6%14.8 $37.26
1/15/202018,830,000 shares $770.34 million -2.4%16.3%14.9 $40.91
12/31/201919,300,000 shares $824.50 million +1.7%16.7%15.8 $42.72

CHGG Short Interest - Frequently Asked Questions

What is Chegg's current short interest?

Short interest is the volume of Chegg shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 10,370,000 shares of CHGG short. 10.58% of Chegg's shares are currently sold short. Learn More on Chegg's current short interest.

What is a good short interest ratio for Chegg?

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. CHGG shares currently have a short interest ratio of 3.0. Learn More on Chegg's short interest ratio.

Which institutional investors are shorting Chegg?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Chegg: Jane Street Group LLC, Wolverine Trading LLC, Walleye Capital LLC, DRW Securities LLC, and Cubist Systematic Strategies LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Chegg?

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. 10.58% of Chegg's floating shares are currently sold short.

Is Chegg's short interest increasing or decreasing?

Chegg saw a decrease in short interest in October. As of October 31st, there was short interest totaling 10,370,000 shares, a decrease of 12.6% from the previous total of 11,870,000 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 Chegg's float size?

Chegg currently has issued a total of 104,307,000 shares. Some of Chegg'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. Chegg currently has a public float of 98,010,000 shares.

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

10.58% of Chegg's shares are currently sold short. Here is how the short interest of companies in the industry of "personal services" compare to Chegg: Gaotu Techedu Inc. (5.84%), Youdao, Inc. (0.64%), European Wax Center, Inc. (6.69%), Nerdy, Inc. (11.30%), Vasta Platform Limited (0.05%), QuantaSing Group Limited (0.41%), Sunlands Technology Group (0.43%), ATA Creativity Global (0.44%), Jianzhi Education Technology Group Company Limited (0.06%), JIADE Limited (3.86%),

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 Chegg stock?

Short selling CHGG is an investing strategy that aims to generate trading profit from Chegg as its price is falling. CHGG shares are trading up $0.20 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 Chegg?

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

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




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