CMG Holdings Group (CMGO) Short Interest Ratio & Short Volume

Short interest is the volume of CMG Holdings Group shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 71,000 shares of CMGO short. Learn More on CMG Holdings Group's current short interest.

Here is how the short interest of companies in the sector of "business services" compare to CMG Holdings Group: X3 Holdings Co Ltd. (10.37%), Cuentas Inc. (1.58%), RocketFuel Blockchain, Inc. (0.01%), GBT Technologies Inc. (0.01%), Movella Holdings Inc. (2.14%), SMX (Security Matters) Public Limited (4.30%), SaverOne 2014 Ltd (6.13%), Applied UV, Inc. (0.93%), G6 Materials Corp. (0.04%), Datable Technology Co. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Cummins Inc. ($8.93 billion), Canadian Natural Resources Limited ($7.79 billion), Super Micro Computer, Inc. ($4.31 billion), T-Mobile US, Inc. ($4.00 billion), General Motors ($3.36 billion), Occidental Petroleum Co. ($3.10 billion), Charter Communications, Inc. ($2.92 billion), Coinbase Global, Inc. ($2.74 billion), Tractor Supply ($2.72 billion), and Moderna, Inc. ($2.31 billion). View all of the most shorted stocks.

Short selling CMGO is an investing strategy that aims to generate trading profit from CMG Holdings Group as its price is falling. CMGO shares are trading up $0.00 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.

A short squeeze for CMG Holdings 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 CMGO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CMGO, twice per month. The most recent reporting period available is March, 15 2024.