Carvana Co. (NYSE:CVNA) shares are trading higher Wednesday. The stock appears to be moving on continued upward momentum with the stock climbing more than 25% over the last five days.
What To Know:
Carvana’s stock is up more than 5% on the day and is up 13% over the last month.
Carvana has announced same-day delivery for vehicles in the Indiana and Charlotte, North Carolina markets in the last week.
Carvana shares continue to hold the attention of short sellers with 46.47% of available shares being sold short, according to data from Benzinga Pro.
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CVNA Price Action: According to Benzinga Pro, shares of CVNA are up 5% at $49.78 at the time of publication.
Image: Courtesy of Carvana, Co.
