For Avis Budget Group, Inc. (CAR), the most recent short interest data indicates a significant short position.
Here are the key metrics:
- Short Interest: 7,575,311 shares.1
- Short Interest Ratio (Days to Cover): 6.64 days.1 This indicates how many days it would take for short sellers to cover their positions, given the average daily trading volume.
- Short Interest % Float: 52.92%.1 This figure, sourced from NASDAQ for short interest and Capital IQ for float, suggests that a substantial portion of the company's publicly traded shares are held short.
- Off-Exchange Short Volume: 233,732 shares.1
- Off-Exchange Short Volume Ratio: 79.22%.1 This represents the percentage of total off-exchange volume that is short volume.
- Short Shares Availability: 0.07 million shares.2
- Borrow Rate: 0.26%.2
It's important to note that official short interest figures are published twice-monthly by NASDAQ and FINRA, not in real-time. Fintel provides daily calculations for metrics like Short Interest % Float and Days to Cover based on these official figures and daily float updates.1
For more detailed and frequently updated data, including intraday short shares availability and borrow fee rates, you can visit the Fintel page for Avis Budget Group, Inc. (CAR).
