Avis Budget Group Shares Plunge 0.78% Amid 449th Trading Volume Rank as Institutional Bets Diverge

On August 5, 2025, Avis Budget Group (CAR) closed with a 0.78% decline, trading at a volume of $0.27 billion, placing it 449th in daily trading activity. Institutional activity in the fourth quarter saw significant shifts, including Vanguard Group reducing its stake by 1.8% and Norges Bank establishing a new position worth $11.2 million. Meanwhile, National Bank of Canada FI increased its holdings by 266.7%, reflecting varied investor strategies.

Short interest in CAR surged by 21.2% in March, reaching 4.58 million shares, or 13.5% of the float. This uptick in short positions contrasts with new long-term investments from firms like Bryce Point Capital and KLP Kapitalforvaltning, which acquired stakes totaling $464,000 and $4,000, respectively. Analyst activity also highlighted divergent forecasts, with Zacks Research initially lowering Q1 2025 earnings estimates before revising them upward for Q2 2026.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark return of 29.18% by 137.53%. This underscores the role of liquidity concentration in short-term stock performance, particularly in volatile markets.