- Reaction score
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Great news if you are an Avis Budget stockholder. I guess the question is why?
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tsptalk's Market Talk
- Thread starter tsptalk
- Start date
James48843
TSP Talk Royalty
- Reaction score
- 1,172
Here ya go:
AVIS - short
When hedge funds, and short sellers get in a stock war.
Two major investors, SRS Investment Management and Pentwater Capital Management, controlled over 108% of Avis Budget Group (CAR) stock as of April 2026, causing a massive short squeeze.
This effectively meant they owned more than the total outstanding shares when factoring in physical shares and synthetic positions like cash-settled swaps
Avis Budget Group (CAR) stock was up as much as 8% on Tuesday morning following a 23% surge on Monday. Over the past month, the stock is up over 500%.
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.
Remember this, the stock market at times is legal betting.
#stockmarket #thebigshort
