What's Going On With Carvana Stock Today?

Carvana Co. CVNA shares are trading higher Wednesday. The stock appears to be moving on continued upward momentum with the stock climbing more than 25% over the last five days.

What To Know:

Carvana's stock is up more than 5% on the day and is up 13% over the last month.

Carvana has announced same-day delivery for vehicles in the Indiana and Charlotte, North Carolina markets in the last week.

Carvana shares continue to hold the attention of short sellers with 46.47% of available shares being sold short, according to data from Benzinga Pro.

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CVNA Price Action: According to Benzinga Pro, shares of CVNA are up 5% at $49.78 at the time of publication.

Image: Courtesy of Carvana, Co.