Short interest in Carter Bankshares Inc (NASDAQ:CARE) decreased during the last reporting period, falling from 687.90K to 682.38K. This put 3.01% of the company's publicly available shares short.
Short interest for Carter Bankshares gives investors a sense of the degree to which investors are betting on the decline of Carter Bankshares's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 99.01K shares traded per day, it would take 6.89 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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