CNI Canadian National Railway
XNYS
124.93
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
CNI
$124.93
—
Key stats
$124.93
After hours
$124.93
+0.00%
- 52-Week Range
- $90.74 – $131.55
- YTD
- +24.56%
- IV Rank (30D)
- 65.0
- Straddle Price
- $6.75
- P/C Vol Ratio
- 0.63
- Market Cap
- $73.7B
- Open
- $122.30
- Day Range
- $122.27 – $125.59
- Volume
- 2,078,049
- Prev Close
- $122.05
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.72 |
| Cost of Equity (CAPM) | 8.76% (VRP-adj) |
| WACC | 5.27% |
| Volatility Risk Premium | +22.4pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Debt / Equity | 0.94 |
| Quality Score | 0/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $122.08 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $119.48 |
| Bollinger Width / SMA20 | 4.7% (drives anchor stability) |
| Net Debt | $14.5B |
Peers used for multiples: ASML, CP, CSX, FDX, NSC, ODFL, UNP, UPS
60-Day Conviction
67%
20-Day Fair Value
≈ by Nov 20, 2026
$125.91
α +0.8%
rank 6%
conviction
49%
40-Day Fair Value
≈ by Dec 21, 2026
$127.77
α +2.3%
rank 8%
conviction
69%
60-Day Fair Value
≈ by Jan 19, 2027
$127.51
α +2.1%
rank 9%
conviction
67%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $64.96 | 23% | |
| Peer P/E | n/a | 0% | median 27.4× · 7 peers |
| Peer EV/EBITDA | n/a | 0% | median 15.7× · 7 peers |
| Peer P/B | n/a | 0% | median 5.6× · 7 peers |
| Peer P/S | n/a | 0% | median 6.1× · 7 peers |
| Market Anchor (SMA50) | $122.08 | 56% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $123.74 | 21% | 15 strikes · skew -0.48 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- RAILROADS, LINE-HAUL OPERATING (4011) · industry map
- Exchange
- XNYS
- Market Cap
- $73.7B
- Employees
- 17,300
- List Date
- 1995-11-17
- CIK
- 0000016868
- Next Earnings
- 2026-10-30 (Pre-Market)
- EPS Forecast
- $1.49 (8 est.)
- Homepage
- https://www.cn.ca
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -7.67% | -0.25% | -0.07% | -1.12% | 2.60% | -4.07% | -1.76% |
| Feb | 6.74% | 1.08% | -4.63% | 2.18% | 2.67% | 17.26% | 4.22% |
| Mar | 3.65% | 12.62% | 2.02% | 1.07% | -0.80% | -9.06% | 1.58% |
| Apr | -8.59% | -7.97% | 0.05% | -7.66% | -1.83% | 8.60% | -2.90% |
| May | 3.17% | -3.17% | -5.93% | 5.22% | 9.75% | 5.89% | 2.49% |
| Jun | -5.89% | -1.42% | 5.22% | -6.18% | -0.81% | -0.15% | -1.54% |
| Jul | 2.85% | 11.92% | -0.27% | -0.81% | -10.98% | 5.71% | 1.40% |
| Aug | 9.77% | -5.24% | -5.76% | 4.04% | 4.22% | -0.84% | 1.03% |
| Sep | -5.14% | -7.97% | -4.28% | -0.64% | -2.41% | -1.26% | -3.62% |
| Oct | 12.63% | 4.98% | -0.58% | -7.86% | 1.54% | 6.63%* | 2.89% |
| Nov | -5.03% | 8.89% | 8.67% | 3.22% | 0.28% | -- | 3.21% |
| Dec | -2.65% | -7.46% | 5.82% | -8.65% | 3.45% | -- | -1.90% |
| Total | 1.10% | 2.99% | -0.97% | -17.08% | 6.51% | 29.63% | 3.70% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $119.75
SMA 50: $122.05
SMA 200: $114.69
Current: $125.18
EMA 12: $120.95
EMA 26: $120.64
MACD: 0.3046 | Signal: 0.7985
BEARISH
ADX (14): 24.39
WEAK TREND
+DI: 30.31
−DI: 16.58
Momentum Oscillators
RSI (14): 64.15
NEUTRAL
Stoch %K: 89.62
Stoch %D: 83.01
Williams %R: -3.87
Volume & Volatility
BB Upper: $123.90
BB Lower: $115.59
OVERBOUGHT
OBV: 25,412,092
Vol SMA 20: 1,006,219
Vol ROC: 61.21%
ATR: $2.14
True Range: $3.54
HV 20: 19.5%
HV 30: 18.4%
HV 60: 17.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: CNI
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a neutral trend, with a bearish MACD signal.
- Volatility is low, indicating reduced risk.
Primary Risks:
- Low volatility may lead to limited price movement.
- Bearish sentiment from options market could impact stock performance.
Investment Thesis: CNI's recent performance is driven by positive news headlines and sector momentum. However, the stock's technical indicators suggest a neutral trend, which may limit its upward potential. As such, we view CNI as a moderately attractive opportunity with caution.
Recent News Sentiment Impact: The recent positive news headlines (positive sentiment) have likely contributed to the stock's moderate gain over the past few weeks. However, we note that the options market is bearish, which could temper further price increases.
Technical Analysis
Trend Direction:
- Short-term: Neutral
- Medium-term: Uptrend
- Long-term: Uptrend
Support/Resistance Levels: The stock's recent high of $129.39 serves as resistance, while the SMA 200 ($112.15) and lower Bollinger Band ($117.38) provide support.
Momentum Signals:
- RSI (14): Neutral (33.48)
- MACD signal: Bearish (-1.63 / Signal: -0.43 / Histogram: -1.20)
News & Sentiment Analysis
Recent Headlines Summary: The past 10 news articles are predominantly positive, highlighting the company's strong grain performance and dividend announcements.
Sentiment Assessment: Aggregate news sentiment is POSITIVE (7/10).
Catalyst Identification: No specific catalysts identified in recent news headlines.
Market Narrative: Positive news sentiment aligns with the neutral technical trend, suggesting a moderate upward bias.
Risk & Volatility Assessment
Beta Interpretation: Low volatility, indicating reduced risk (beta 0.39 vs SPY).
Volatility Regime: Historical volatility is relatively low (HV20 18.5%, HV30 16.7%, HV60 18.8%).
Options Market Signals:
- IV Rank: Medium (37.2%)
- Current IV: 58.9%
- Expected Move: $5.65 (28 DTE), 7-DTE: $2.15
Market Context & Positioning
Sector Performance: CNI's sector is performing moderately well, with a relative strength index of 0.62.
Institutional Activity: No unusual institutional activity observed.
Correlation Analysis: The stock has a low correlation (0.23) with the broader market.
Relative Valuation: CNI's current price is relatively close to its historical average, indicating a neutral valuation.
Key Levels & Action Items
Critical Price Levels:
- Resistance: $129.39
- Support: SMA 200 ($112.15), lower Bollinger Band ($117.38)
Breakout/Breakdown Levels: None identified.
Time-Sensitive Catalysts: No specific catalysts identified in recent news headlines.
Risk Management: Stop-loss levels should be set at $118.95, with position sizing considerations based on individual risk tolerance.
By analyzing the data and technical indicators, we believe that CNI's neutral trend is driven by positive news sentiment and sector momentum. However, the stock's low volatility and bearish options market signal moderate caution. As such, investors may consider entering a position at current levels, with stop-losses set below the lower Bollinger Band ($117.38).
Generated
News
All CNI news →
CNI Options Activity & IV Rank
CNI IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 24.0%
7-DTE IV: —
Expected Move: $6.75
7-DTE Move: $6.75
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 300
Put Volume: 190
P/C Volume: 0.633
BULLISH
Call OI: 1,068
Put OI: 728
P/C OI: 0.682
Total OI: 1,796
ATM Options Pricing
ATM Call: $3.58
ATM Put: $3.17
Call %: 2.9%
Put %: 2.5%
Chain Summary
Chain Volume: 1,633
Chain OI: 6,113
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 61st percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
61%
vs own history
GEX tilt
+0.23
OI-weighted, today
Vanna tilt
+0.05
δ-sensitivity to IV
Charm tilt
-0.28
δ-decay vs time
? What is this?
· 31 ATM contracts, 4k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 24.1% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)65.0MediumOct 22
Straddle Price (30 DTE)$6.75Oct 22
Beta Analysis
Risk Metrics
Beta: 0.3303
Alpha: 24.03%
Correlation: 0.1917
R-Squared: 3.7%
Stock Volatility: 22.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own CNI
7 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Gates Foundation Trust Foundation Bill Gates | $6.18B | #3 of 24 | 0.0% | 13F | |
| Point72 Hedge fund Steve Cohen | $59.9M | #276 of 1945 | -35.6% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $56.4M | #559 of 3716 | -50.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $12.0M | #663 of 4729 | -2.1% | 13F | |
| Markel Group Holding company Tom Gayner | $6.4M | #114 of 130 | 0.0% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $5.5M | #1408 of 3138 | -90.0% | 13F | |
| Citadel Hedge fund Ken Griffin | $2.3M | #2771 of 6285 | -98.7% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
CNI Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 623,700,000 (as of 2025-12-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
15 filers$310.11M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | SIG North Trading, ULC | $64.37M | 20.76% | 2026-06-30 |
| 2 | TORONTO DOMINION BANK | $57.13M | 18.42% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $47.89M | 15.44% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $36.63M | 11.81% | 2026-06-30 |
| 5 | Murchinson Ltd. | $27.43M | 8.84% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $26.11M | 8.42% | 2026-06-30 |
| 7 | Waratah Capital Advisors Ltd. | $14.31M | 4.61% | 2026-06-30 |
| 8 | Anson Funds Management LP | $11.92M | 3.85% | 2026-06-30 |
| 9 | Royal Bank of Canada Custodian | $9.18M | 2.96% | 2026-06-30 |
| 10 | Wolverine Trading, LLC Custodian | $4.58M | 1.48% | 2025-09-30 |
| 11 | Wells Fargo & Company Custodian | $4.17M | 1.35% | 2026-06-30 |
| 12 | Bank of Montreal Custodian | $3.43M | 1.11% | 2026-06-30 |
| 13 | Walleye Capital LLC | $1.26M | 0.41% | 2026-06-30 |
| 14 | TUDOR INVESTMENT CORP ET AL | $977.77K | 0.32% | 2026-06-30 |
| 15 | Millennium Management LLC Custodian | $715.44K | 0.23% | 2026-06-30 |
14 filers$103.81M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | SIG North Trading, ULC | $30.91M | 29.77% | 2026-06-30 |
| 2 | Murchinson Ltd. | $17.89M | 17.23% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $16.88M | 16.26% | 2026-06-30 |
| 4 | Royal Bank of Canada Custodian | $7.15M | 6.89% | 2026-06-30 |
| 5 | Twin Tree Management, LP | $6.65M | 6.41% | 2026-06-30 |
| 6 | Citadel Advisors LLC Custodian | $4.53M | 4.36% | 2026-06-30 |
| 7 | TORONTO DOMINION BANK | $4.24M | 4.09% | 2026-06-30 |
| 8 | Wells Fargo & Company Custodian | $4.17M | 4.02% | 2026-06-30 |
| 9 | Capula Management Ltd | $4.15M | 4.00% | 2026-06-30 |
| 10 | Wolverine Trading, LLC Custodian | $2.91M | 2.80% | 2025-09-30 |
| 11 | Jane Street Group, LLC Custodian | $2.22M | 2.14% | 2026-06-30 |
| 12 | Walleye Capital LLC | $1.50M | 1.45% | 2026-06-30 |
| 13 | Squarepoint Ops LLC | $548.50K | 0.53% | 2026-06-30 |
| 14 | Walleye Trading LLC | $47.70K | 0.05% | 2026-06-30 |
CNI Proposed Insider Sales (Form 144)
Latest: 2025-12-23
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2025-12-23 | DEREK M. TAYLOR | OFFICER | 6,540 | $643.3K | 2025-12-23 | CITADEL SECURITIES | — | EDGAR |
| 2024-07-25 | Donald Keith Reardon | OFFICER | 7,892 | $962.8K | 2024-07-25 | CITADEL SECURITIES | — | EDGAR |
| 2024-02-27 | Donald Keith Reardon | OFFICER | 5,000 | $655.0K | 2024-02-27 | CITADEL SECURITIES | — | EDGAR |
| 2023-12-12 | Donald Keith Reardon | OFFICER | 8,940 | $1.05M | 2023-12-12 | CITADEL SECURITIES | — | EDGAR |
| 2023-07-31 | Dorothea Klein | Officer | 1,656 | $201.0K | 2023-07-31 | CITADEL SECURITIES | — | EDGAR |
| 2023-05-11 | Dorothea Klein | Officer | 19,658 | $2.39M | 2023-05-11 | CITADEL SECURITIES | — | EDGAR |
| 2023-04-17 | RANCE RANDLE | OFFICER | 7,976 | $963.2K | 2023-04-17 | CITADEL SECURITIES | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
72 ETFs hold CNI
25 shown · $496.86M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | SCHF Schwab International Equity ETF | Nport | 0.22% | $143.9M | — | 2026-05-31 |
| 2 | NFRA FlexShares STOXX Global Broad Infrastructure Index Fund | Nport | 3.34% | $100.5M | — | 2026-07-31 |
| 3 | FNDF Schwab Fundamental International Equity ETF | Nport | 0.18% | $43.3M | — | 2026-05-31 |
| 4 | FVD First Trust Value Line® Dividend Index Fund | First Trust | 0.42% | $33.1M | $7.9B | 2026-10-20 |
| 5 | DFAI Dimensional International Core Equity Market ETF | Dimensional | 0.18% | $31.7M | $18.2B | 2026-10-20 |
| 6 | DIHP Dimensional International High Profitability ETF | Dimensional | 0.46% | $30.0M | $6.6B | 2026-10-20 |
| 7 | DFIC Dimensional International Core Equity 2 ETF | Dimensional | 0.10% | $15.2M | $15.4B | 2026-10-20 |
| 8 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.00% | $10.8M | — | 2026-09-30 |
| 9 | PID Invesco International Dividend Achievers ETF | Invesco | 1.17% | $10.3M | — | 2026-10-20 |
| 10 | DFAX Dimensional World ex US Core Equity 2 ETF | Dimensional | 0.07% | $8.0M | $12.3B | 2026-10-20 |
| 11 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.00% | $7.0M | — | 2026-09-30 |
| 12 | RODM Hartford Multifactor Developed Markets (ex-US) ETF | Nport | 0.39% | $6.3M | — | 2026-07-31 |
| 13 | MFSI MFS Active International ETF | Nport | 0.57% | $6.2M | — | 2026-05-31 |
| 14 | TMFG Motley Fool Global Opportunities ETF | Nport | 1.59% | $5.7M | — | 2026-05-31 |
| 15 | GKAT Scharf Global Opportunity ETF | Nport | 3.16% | $5.1M | — | 2026-06-30 |
| 16 | TSPA T. Rowe Price U.S. Equity Research ETF | Nport | 0.11% | $4.7M | — | 2026-06-30 |
| 17 | NGIF Nuveen Global Infrastructure Fund | Nport | 0.79% | $4.5M | — | 2026-06-30 |
| 18 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.00% | $4.4M | $191.0B | 2026-10-20 |
| 19 | PXF Invesco RAFI Developed Markets ex-U.S. ETF | Nport | 0.16% | $4.3M | — | 2026-04-30 |
| 20 | NFRX Harrison Street Infrastructure Active ETF | Nport | 3.87% | $4.1M | — | 2026-06-30 |
| 21 | KLMN Invesco MSCI North America Climate ETF | Nport | 0.17% | $3.8M | — | 2026-05-31 |
| 22 | IMFL Invesco International Developed Dynamic Multifactor ETF | Nport | 0.36% | $3.6M | — | 2026-05-31 |
| 23 | TLCI Touchstone ETF Trust-Touchstone International Equity ETF | Nport | 3.25% | $3.6M | — | 2026-06-30 |
| 24 | BKIE BNY Mellon International Equity ETF | Nport | 0.27% | $3.5M | — | 2026-07-31 |
| 25 | VNQI Vanguard Global ex-U.S. Real Estate ETF | Vanguard | 0.09% | $3.3M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Quarterly figures (8 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q4 '25 | 2025-12-31 | — | — | — | — |
| Q4 '24 | 2024-12-31 | — | — | — | — |
| Q4 '23 | 2023-12-31 | — | — | — | — |
| Q4 '22 | 2022-12-31 | — | — | — | — |
| Q4 '21 | 2021-12-31 | — | — | — | — |
| Q4 '20 | 2020-12-31 | — | — | — | — |
| Q4 '19 | 2019-12-31 | — | — | — | — |
| Q4 '18 | 2018-12-31 | — | — | — | — |
Q4 2025 • period ending 2025-12-31 • filed 2026-02-04
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
6.38M
SI % of Float
1.16%
Days to Cover
5.05
Short Vol Ratio
46.6%
Free Float
552.26M
Float %
91.4%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-10-02