Short interest in Cango Inc (NYSE:CANG) increased during the last reporting period, rising from 373.40K to 993.52K. This put 1.47% of the company's publicly available shares short.

Short interest for Cango gives investors a sense of the degree to which investors are betting on the decline of Cango's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 1.82M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.