HarborOne Bancorp (HONE) Short Interest Ratio & Short Volume

Short interest is the volume of HarborOne Bancorp shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 399,000 shares of HONE short. 1.02% of HarborOne Bancorp's shares are currently sold short. Learn More on HarborOne Bancorp's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. HONE shares currently have a short interest ratio of 2.0. Learn More on HarborOne Bancorp's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.02% of HarborOne Bancorp's floating shares are currently sold short.

HarborOne Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 399,000 shares, an increase of 5.8% from the previous total of 377,300 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

HarborOne Bancorp currently has issued a total of 44,680,000 shares. Some of HarborOne Bancorp's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. HarborOne Bancorp currently has a public float of 38,980,000 shares.

1.02% of HarborOne Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to HarborOne Bancorp: Merchants Bancorp (5.11%), FB Financial Co. (0.97%), Triumph Financial, Inc. (8.43%), OFG Bancorp (1.07%), Renasant Co. (1.03%), Banner Co. (2.14%), Lakeland Financial Co. (8.61%), Enterprise Financial Services Corp (1.75%), Customers Bancorp, Inc. (8.63%), Republic Bancorp, Inc. (0.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling HONE is an investing strategy that aims to generate trading profit from HarborOne Bancorp as its price is falling. HONE shares are trading up $0.08 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for HarborOne Bancorp occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of HONE, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HONE, twice per month. The most recent reporting period available is May, 15 2024.