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0.00697290528233148 -0.00600523679417126 -0.0416666666666666 -0.0209614071038252 0.0420081967213114 -0.0497353142076503 -0.0512508538251366 -0.0521900614754098
Stock impact report

Avis stock surges again, bringing monthly gains north of 500% as short squeeze risk remains high [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
What's moving the stock: Avis appears to be facing a short squeeze. The short interest in Avis as a percentage of shares outstanding currently stands at 25%, according to S&P Global Market Intelligence. That figure represents the portion of shares that are currently sold short and not yet covered: a ratio above 10% is considered high, while one above 20% is considered extreme, with a high risk of a short squeeze. According to Deutsche Bank research analyst Chris Woronka, the squeeze was triggered at the beginning of the month by filings that showed two investors, SRS and Pentwater, controlled 71% of shares. When synthetic ownership via swaps is factored in, the two investors effectively controlled 108% of Avis shares, Deutsche Bank found. NasdaqGS - Nasdaq Real Time Price • USD Avis Budget Group, Inc. (CAR) Follow View Quote Details As of 9:48:06 AM EDT. Market Open. Advanced Chart What else you should know: This isn't the first time Avis stock has experienced a Show less Read more
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