Daily Short Volume Flow
ChargePoint (CHPT) is currently experiencing significant short-selling pressure, with a 65% short-volume ratio reported in the latest session. This daily flow data highlights that a substantial portion of the trading volume is being driven by short sellers, reflecting a bearish outlook on the company's near-term performance.
Market Dynamics
With 19.5% of the float shorted and a days-to-cover ratio of 4.3, CHPT is seeing moderate to high short interest. The borrow fee is currently 3.8%, which is notably higher than many other stocks in the sector, suggesting that shares are becoming more expensive to borrow. This increase in borrow cost, combined with the high short volume, indicates that the cost of maintaining a short position is rising.
Key Takeaways
- CHPT shows a 65% short-volume ratio.
- Short interest as a percentage of float is 19.5%.
- Days-to-cover ratio is 4.3.
- Borrow fee has risen to 3.8%.
The Bottom Line
CHPT is under active short-selling pressure. The rising borrow fee and high short volume suggest that the cost of being short is increasing, which could lead to volatility if the stock price moves against the short sellers.
Signal data sourced from Tapeboard. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.