Short interest in CarMax Inc (NYSE:KMX) decreased during the last reporting period, falling from 17.49M to 15.49M. This put 11.36% of the company's publicly available shares short.
Short interest for CarMax gives investors a sense of the degree to which investors are betting on the decline of CarMax's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.36M shares traded per day, it would take 11.38 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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