CBM Bancorp (CBMB) Short Interest Ratio & Short Volume

Short interest is the volume of CBM Bancorp shares that have been sold short but have not yet been closed out or covered. As of October 29th, investors have sold 2,500 shares of CBMB short. Learn More on CBM 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. CBMB shares currently have a short interest ratio of 1.0. Learn More on CBM Bancorp's short interest ratio.

CBM Bancorp saw a drop in short interest during the month of October. As of October 29th, there was short interest totaling 2,500 shares, a drop of 21.9% from the previous total of 3,200 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.

Here is how the short interest of companies in the sector of "finance" compare to CBM Bancorp: Bain Capital Specialty Finance, Inc. (0.26%), Banco Bradesco S.A. (0.00%), Burford Capital Limited (0.81%), Grupo Financiero Galicia S.A. (3.20%), Intercorp Financial Services Inc. (0.25%), Itaú Unibanco Holding S.A. (0.54%), Northeast Bank (0.87%), Pioneer Bancorp, Inc. (0.27%), Rand Capital Co. (0.39%), Summit State Bank (0.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($8.61 billion), Advanced Micro Devices, Inc. ($8.44 billion), Charter Communications, Inc. ($5.26 billion), Canadian Pacific Kansas City Limited ($5.13 billion), Wayfair Inc. ($4.34 billion), Uber Technologies, Inc. ($3.69 billion), Palo Alto Networks, Inc. ($3.35 billion), Teladoc Health, Inc. ($3.11 billion), eBay Inc. ($2.91 billion), and Etsy, Inc. ($2.63 billion). View all of the most shorted stocks.

Short selling CBMB is an investing strategy that aims to generate trading profit from CBM Bancorp as its price is falling. 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 CBM 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 CBMB, 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 CBMB, twice per month. The most recent reporting period available is October, 29 2021.