Short interest in CarGurus Inc (NASDAQ:CARG) increased during the last reporting period, rising from 5.75M to 5.77M. This put 11.12% of the company's publicly available shares short.

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

Based on the recent average volume of 586.46K shares traded per day, it would take 9.84 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.