CSX (CSX) Short Interest Ratio & Short Volume

Short interest is the volume of CSX shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 31,220,000 shares of CSX short. Learn More on CSX's current short interest.

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

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of CSX: Walleye Trading LLC, Jane Street Group LLC, Ancora Advisors LLC, PEAK6 Investments LLC, JPMorgan Chase & Co., Bleakley Financial Group LLC, SG Americas Securities LLC, Signaturefd LLC, Capstone Investment Advisors LLC, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., SpiderRock Advisors LLC, Oak Hill Wealth Advisors LLC, Simplex Trading LLC, Valeo Financial Advisors LLC, Valeo Financial Advisors LLC, Portman Square Capital LLP, IMC Chicago LLC, and Nomura Holdings Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

CSX saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 31,220,000 shares, a decrease of 2.2% from the previous total of 31,910,000 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.

Here is how the short interest of companies compare to CSX: Union Pacific Co. (0.71%), Canadian National Railway (1.01%), Canadian Pacific Kansas City Limited (1.24%), Norfolk Southern Co. (0.76%), FTAI Infrastructure Inc. (3.11%), General Electric (1.02%), United Parcel Service, Inc. (1.36%), FedEx Co. (1.90%), Old Dominion Freight Line, Inc. (2.22%), Delta Air Lines, Inc. (2.99%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling CSX is an investing strategy that aims to generate trading profit from CSX as its price is falling. CSX shares are trading up $0.57 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 CSX 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 CSX, 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 CSX, twice per month. The most recent reporting period available is May, 15 2024.