“Avis stock surges again, bringing monthly gains north of 600% as short squeeze risk remains high”
June 15, 2026
“What happened: Avis Budget Group (CAR) stock surged 18% on Tuesday following a 23% surge on Monday. Over the past month, the stock is up over 600%.
What’s moving the stock: Avis appears to be facing a short squeeze.
The short interest in Avis as a percentage of shares outstanding currently stands at 25%, according to S&P Global Market Intelligence. That figure represents the portion of shares that are currently sold short and not yet covered: A ratio above 10% is considered high, while one above 20% is considered extreme, with a high risk of a short squeeze…”