Bank of Commerce Short Interest Ratio and Short Volume

Short interest is the volume of Bank of Commerce shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 53,400 shares of BOCH short. 0.34% of Bank of Commerce's shares are currently sold short. Learn More on Bank of Commerce's current short interest.

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. 0.34% of Bank of Commerce's floating shares are currently sold short.

Bank of Commerce saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 53,400 shares, a decline of 91.1% from the previous total of 603,300 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.

Bank of Commerce currently has issued a total of 16,880,000 shares. Some of Bank of Commerce'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. Bank of Commerce currently has a public float of 15,670,000 shares.

0.34% of Bank of Commerce's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Bank of Commerce: Preferred Bank (2.49%), Byline Bancorp, Inc. (1.33%), Washington Trust Bancorp, Inc. (2.39%), Lakeland Bancorp, Inc. (2.34%), HomeStreet, Inc. (3.51%), HarborOne Bancorp, Inc. (1.24%), Bryn Mawr Bank Co. (1.56%), Univest Financial Co. (1.13%), Altabancorp (2.38%), and QCR Holdings, Inc. (1.20%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.32 billion), AstraZeneca PLC ($8.20 billion), Square, Inc. ($7.79 billion), Analog Devices, Inc. ($7.16 billion), S&P Global Inc. ($7.07 billion), Aon plc ($6.17 billion), Charter Communications, Inc. ($5.38 billion), Wayfair Inc. ($4.80 billion), AMC Entertainment Holdings, Inc. ($4.28 billion), and Snowflake Inc. ($3.19 billion). View all of the most shorted stocks.

Short selling BOCH is an investing strategy that aims to generate trading profit from Bank of Commerce as its price is falling. Bank of Commerce's stock is trading up $0.13 today. To short Bank of Commerce 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 Bank of Commerce 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 Bank of Commerce 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 BOCH, 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 BOCH, twice per month. The most recent reporting period available is June, 30 2021.