Short interest in Canadian Imperial Bank of Commerce (NYSE:CM) increased during the last reporting period, rising from 11.38M to 13.40M. This put -% of the company's publicly available shares short.
Short interest for Canadian Imperial Bank gives investors a sense of the degree to which investors are betting on the decline of Canadian Imperial Bank's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 810.41K shares traded per day, it would take 16.54 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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