Cummins (CMI) Short Interest Ratio & Short Volume → Urgent dollar warning (From Stansberry Research) (Ad) Free CMI Stock Alerts $280.29 -3.58 (-1.26%) (As of 05/2/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Cummins Short Interest DataCurrent Short Volume2,300,000 sharesPrevious Short Volume2,750,000 sharesChange Vs. Previous Month-16.36%Dollar Volume Sold Short$680.29 millionShort Interest Ratio / Days to Cover0.7Last Record DateApril 15, 2024Outstanding Shares136,760,000 sharesFloat Size139,470,000 sharesShort Percent of Float1.65%Today's Trading Volume1,489,180 sharesAverage Trading Volume2,614,498 sharesToday's Volume Vs. Average57% Short Selling Cummins ? Sign up to receive the latest short interest report for Cummins and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatCMI Short Interest Over TimeCMI Days to Cover Over TimeCMI Percentage of Float Shorted Over Time Ad Stansberry ResearchThe Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.Click here to find out for free. Cummins Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/15/20242,300,000 shares $680.29 million -16.4%1.7%0.7 $295.78 3/31/20242,750,000 shares $810.29 million -91.5%2.0%0.9 $294.65 3/15/202432,500,000 shares $8.93 billion +456.5%23.3%10.6 $274.84 2/29/20245,840,000 shares $1.57 billion +80.8%4.2%2.9 $268.61 2/15/20243,230,000 shares $858.73 million +63.1%2.3%3 $265.86 1/31/20241,980,000 shares $473.73 million +3.7%1.4%2.5 $239.26 Get the Latest News and Ratings for CMI and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Cummins and its competitors with MarketBeat's FREE daily newsletter. 1/15/20241,910,000 shares $452.96 million -2.1%1.4%2.4 $237.15 12/31/20231,950,000 shares $467.16 million +4.8%1.4%2.6 $239.57 12/15/20231,860,000 shares $449.30 million +17.7%1.3%2.5 $241.56 11/30/20231,580,000 shares $354.17 million +15.3%1.1%2 $224.16 11/15/20231,370,000 shares $306.54 million -6.2%1.0%1.8 $223.75 10/31/20231,460,000 shares $315.80 million -21.1%1.1%1.9 $216.30 10/15/20231,850,000 shares $421.28 million -10.2%1.3%2.5 $227.72 9/30/20232,060,000 shares $470.63 million +15.7%1.5%2.6 $228.46 9/15/20231,780,000 shares $419.19 million -2.2%1.3%2.1 $235.50 8/31/20231,820,000 shares $418.67 million -6.7%1.3%2 $230.04 8/15/20231,950,000 shares $453.51 million -1.0%1.4%2.1 $232.57 7/31/20231,970,000 shares $513.78 million -27.8%1.4%2 $260.80 7/15/20232,730,000 shares $688.42 million +1.1%2.0%2.8 $252.17 6/30/20232,700,000 shares $662.07 million +21.6%1.9%2.8 $245.21 6/15/20232,220,000 shares $526.65 million +1.8%1.6%2.2 $237.23 5/31/20232,180,000 shares $445.61 million +21.8%1.6%2 $204.41 5/15/20231,790,000 shares $391.56 million -10.1%1.3%1.7 $218.75 4/30/20231,990,000 shares $467.73 million -14.6%1.4%1.9 $235.04 4/15/20232,330,000 shares $544.31 million -4.5%1.7%2.2 $233.61 3/31/20232,440,000 shares $582.87 million -19.2%1.8%2.3 $238.88 3/15/20233,020,000 shares $696.08 million +25.8%2.2%3 $230.49 2/28/20232,400,000 shares $583.39 million -3.6%1.7%2.7 $243.08 2/15/20232,490,000 shares $632.06 million -9.5%1.8%2.9 $253.84 1/31/20232,750,000 shares $686.24 million -16.7%2.0%3.1 $249.54 1/15/20233,300,000 shares $833.75 million -6.5%2.4%3.4 $252.65 12/30/20223,530,000 shares $855.28 million -0.3%2.6%3.8 $242.29 12/15/20223,540,000 shares $835.16 million +6.0%2.6%3.6 $235.92 11/30/20223,340,000 shares $838.87 million +1.5%2.4%3.6 $251.16 11/15/20223,290,000 shares $824.84 million -7.6%2.4%3.6 $250.71 10/31/20223,560,000 shares $870.46 million +7.6%2.6%4.1 $244.51 10/15/20223,310,000 shares $725.72 million +9.6%2.4%4 $219.25 9/30/20223,020,000 shares $614.60 million +6.0%2.2%3.5 $203.51 9/15/20222,850,000 shares $602.80 million +2.9%2.1%3.4 $211.51 8/31/20222,770,000 shares $596.57 million +8.6%2.0%3.2 $215.37Urgent Nvidia Warning (Ad)Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.Click here to access… CMI Short Interest - Frequently Asked Questions What is Cummins' current short interest? Short interest is the volume of Cummins shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 2,300,000 shares of CMI short. 1.65% of Cummins' shares are currently sold short. Learn More on Cummins' current short interest. What is a good short interest ratio for Cummins? 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. CMI shares currently have a short interest ratio of 1.0. Learn More on Cummins's short interest ratio. Which institutional investors are shorting Cummins? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Cummins: BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Simplex Trading LLC, Cubist Systematic Strategies LLC, PEAK6 Investments LLC, Optiver Holding B.V., Eisler Capital US LLC, Capstone Investment Advisors LLC, Hsbc Holdings PLC, IMC Chicago LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., and Genus Capital Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Cummins? 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. 1.65% of Cummins' floating shares are currently sold short. Is Cummins' short interest increasing or decreasing? Cummins saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,300,000 shares, a decline of 16.4% from the previous total of 2,750,000 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 Cummins' float size? Cummins currently has issued a total of 136,760,000 shares. Some of Cummins' 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. Cummins currently has a public float of 139,470,000 shares. How does Cummins' short interest compare to its competitors? 1.65% of Cummins' shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Cummins: Ford Motor (3.57%), Li Auto Inc. (2.48%), General Motors (5.46%), Mobileye Global Inc. (23.60%), Genuine Parts (1.68%), PACCAR Inc (1.43%), Honda Motor Co., Ltd. (0.11%), Magna International Inc. (3.38%), LKQ Co. (1.35%), Autoliv, Inc. (2.11%), 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. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks. What does it mean to sell short Cummins stock? Short selling CMI is an investing strategy that aims to generate trading profit from Cummins as its price is falling. CMI shares are trading down $3.58 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 Cummins? A short squeeze for Cummins 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 CMI, which in turn drives the price of the stock up even further. How often is Cummins' 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 CMI, twice per month. The most recent reporting period available is April, 15 2024. More Short Interest Resources from MarketBeat Related Companies: Ford Motor Short Squeeze Li Auto Short Squeeze General Motors Short Squeeze Mobileye Global Short Squeeze Genuine Parts Short Squeeze PACCAR Short Squeeze Honda Motor Short Squeeze Magna International Short Squeeze LKQ Short Squeeze Autoliv Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:CMI) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingTrump just won 2024Porter & CompanyHe Is Giving Away BitcoinCrypto Swap Profits4 Cryptos BETTER than BitcoinTrue Market InsidersThe only AI company you should be looking atBehind the Markets