Credit Acceptance (CACC) Short Interest Ratio & Short Volume → A new way to collect income from stocks (From DTI) (Ad) Free CACC Stock Alerts $497.00 -1.41 (-0.28%) (As of 05/17/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Credit Acceptance Short Interest DataCurrent Short Volume638,700 sharesPrevious Short Volume605,800 sharesChange Vs. Previous Month+5.43%Dollar Volume Sold Short$328.11 millionShort Interest Ratio / Days to Cover10.4Last Record DateApril 30, 2024Outstanding Shares12,110,000 sharesFloat Size6,460,000 sharesShort Percent of Float9.89%Today's Trading Volume58,215 sharesAverage Trading Volume53,828 sharesToday's Volume Vs. Average108% Short Selling Credit Acceptance ? Sign up to receive the latest short interest report for Credit Acceptance and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatCACC Short Interest Over TimeCACC Days to Cover Over TimeCACC Percentage of Float Shorted Over Time Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. Credit Acceptance Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024638,700 shares $328.11 million +5.4%9.9%10.4 $513.72 4/15/2024605,800 shares $331.61 million -3.7%9.3%9.1 $547.40 3/31/2024629,100 shares $346.98 million -4.1%9.6%9.1 $551.55 3/15/2024656,100 shares $360.19 million +2.5%9.6%9.8 $548.99 2/29/2024640,200 shares $354.41 million -1.6%9.2%9.2 $553.60 2/15/2024650,900 shares $368.66 million -10.4%9.4%9.8 $566.38 Get the Latest News and Ratings for CACC and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Credit Acceptance and its competitors with MarketBeat's FREE daily newsletter. 1/31/2024726,200 shares $392.93 million -0.2%9.3%11.4 $541.07 1/15/2024727,900 shares $381.41 million -1.4%9.3%11.6 $523.99 12/31/2023737,900 shares $393.10 million -7.8%9.5%12.4 $532.73 12/15/2023800,300 shares $409.52 million -5.5%10.3%13.8 $511.71 11/30/2023847,200 shares $387.17 million -4.0%10.7%15.7 $457.00 11/15/2023882,100 shares $396.79 million -1.5%11.2%15.8 $449.82 10/31/2023895,200 shares $360.26 million +5.5%11.4%14.9 $402.43 10/15/2023848,200 shares $358.73 million +3.9%10.6%13.5 $422.93 9/30/2023816,400 shares $375.64 million -3.2%10.2%12.4 $460.12 9/15/2023843,500 shares $425.27 million +8.7%10.5%12.7 $504.17 8/31/2023776,100 shares $389.42 million -2.5%9.9%11.5 $501.77 8/15/2023796,100 shares $386.37 million -7.2%9.4%11.6 $485.33 7/31/2023857,400 shares $477.23 million -9.2%10.2%13.1 $556.60 7/15/2023944,100 shares $522.88 million -5.1%11.3%14.4 $553.84 6/30/2023994,800 shares $505.29 million -6.2%12.0%15.4 $507.93 6/15/20231,060,000 shares $539.48 million -6.2%13.5%16.7 $508.94 5/31/20231,130,000 shares $503.62 million -2.6%14.3%15.7 $445.68 5/15/20231,160,000 shares $507.91 million No Change14.7%16.1 $437.85 4/30/20231,160,000 shares $567.82 million -6.5%14.7%14 $489.50 4/15/20231,240,000 shares $593.28 million No Change15.8%12.6 $478.45 3/31/20231,240,000 shares $540.69 million +1.6%15.8%11.7 $436.04 3/15/20231,220,000 shares $490.34 million +0.8%15.6%9.6 $401.92 2/28/20231,210,000 shares $537.65 million -2.4%15.5%9.6 $444.34 2/15/20231,240,000 shares $605.50 million -10.8%15.8%9.9 $488.31 1/31/20231,390,000 shares $643.07 million +0.7%17.6%10.4 $462.64 1/15/20231,380,000 shares $567.04 million +15.0%17.5%11.2 $410.90 12/30/20221,200,000 shares $569.28 million +8.1%15.3%10.5 $474.40 12/15/20221,110,000 shares $502.32 million +6.7%14.4%11.2 $452.54 11/30/20221,040,000 shares $492.92 million No Change13.6%11.1 $473.96 11/15/20221,040,000 shares $515.58 million -2.8%13.6%11.6 $495.75 10/31/20221,070,000 shares $498.21 million +12.2%14.0%13.5 $465.62 10/15/2022954,000 shares $412.11 million +0.4%12.5%13.9 $431.98 9/30/2022950,300 shares $416.23 million -3.4%12.4%15.6 $438.00 9/15/2022983,800 shares $487.47 million -1.6%12.9%16.1 $495.50Shocking $16T Elon Musk Crypto Leak (Ad)Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. CACC Short Interest - Frequently Asked Questions What is Credit Acceptance's current short interest? Short interest is the volume of Credit Acceptance shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 638,700 shares of CACC short. 9.89% of Credit Acceptance's shares are currently sold short. Learn More on Credit Acceptance's current short interest. What is a good short interest ratio for Credit Acceptance? 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. CACC shares currently have a short interest ratio of 10.0. Learn More on Credit Acceptance's short interest ratio. Which institutional investors are shorting Credit Acceptance? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Credit Acceptance: Walleye Trading LLC, PEAK6 Investments LLC, Concourse Financial Group Securities Inc., SpiderRock Advisors LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Credit Acceptance? 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. 9.89% of Credit Acceptance's floating shares are currently sold short. Is Credit Acceptance's short interest increasing or decreasing? Credit Acceptance saw a increase in short interest in April. As of April 30th, there was short interest totaling 638,700 shares, an increase of 5.4% from the previous total of 605,800 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 Credit Acceptance's float size? Credit Acceptance currently has issued a total of 12,110,000 shares. Some of Credit Acceptance'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. Credit Acceptance currently has a public float of 6,460,000 shares. How does Credit Acceptance's short interest compare to its competitors? 9.89% of Credit Acceptance's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Credit Acceptance: SLM Co. (4.72%), Nelnet, Inc. (1.51%), OneMain Holdings, Inc. (3.32%), Enova International, Inc. (5.10%), Wintrust Financial Co. (2.43%), First Industrial Realty Trust, Inc. (1.59%), Ryman Hospitality Properties, Inc. (2.52%), Blue Owl Capital Co. (2.15%), STAG Industrial, Inc. (3.23%), Hamilton Lane Incorporated (2.23%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks. What does it mean to sell short Credit Acceptance stock? Short selling CACC is an investing strategy that aims to generate trading profit from Credit Acceptance as its price is falling. CACC shares are trading down $1.41 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 Credit Acceptance? A short squeeze for Credit Acceptance 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 CACC, which in turn drives the price of the stock up even further. How often is Credit Acceptance'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 CACC, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: SLM Short Interest Data Nelnet Short Interest Data OneMain Short Interest Data Enova International Short Interest Data Wintrust Financial Short Interest Data First Industrial Realty Trust Short Interest Data Ryman Hospitality Properties Short Interest Data Blue Owl Capital Short Interest Data STAG Industrial Short Interest Data Hamilton Lane Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:CACC) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryShocking $16T Elon Musk Crypto LeakCrypto 101 MediaHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlaceMost important medical advance in 100 yearsThe Oxford ClubCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingMissed NVDA? 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