CAR: Insiders vs. Shorts
April 13, 2016 at 15:37 PM EDT
The most recent short interest data was recently released by the NASDAQ for the 03/31/2016 settlement date, and Avis Budget Group Inc (CAR) is one of the most shorted stocks of the Russell 3000, based on 7.16 "days to cover" versus the median component at 5.89. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded..