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S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
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Century Bancorp Short Interest Ratio and Short Volume

-2.52 (-3.13 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $78.12
50-Day Range
MA: $73.64
52-Week Range
Now: $78.12
Volume21,659 shs
Average Volume11,099 shs
Market Capitalization$434.97 million
P/E Ratio10.50
Dividend Yield0.79%

Short Interest

Century Bancorp (NASDAQ:CNBKA) Short Interest Data

Current Short Volume:44,000 shares
Previous Short Volume:44,100 shares
Change Vs. Previous Month:-0.23%
Dollar Volume Sold Short:$3.43 million
Short Interest Ratio / Days to Cover:5.0
Last Record Date:October, 30 2020
Outstanding Shares:3,620,000 shares
Float Size:1,810,000 shares
Short Percent of Float:2.43%
Today's Trading Volume:21,659 shares
Average Trading Volume:11,099 shares
Today's Volume Vs. Average:95.14%

Century Bancorp (NASDAQ:CNBKA) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/202044,000 $3.43 million -0.2%2.4%4.9$78.05
10/15/202044,100 $3.20 million 1.2%2.4%4.9$72.63
9/30/202043,600 $2.97 million -6.0%2.4%5.6$68.14
9/15/202046,400 $2.95 million 2.2%2.5%5.8$63.64
8/31/202045,400 $3.07 million -6.8%2.5%6.4$67.69
8/14/202048,700 $3.37 million -12.3%2.7%6.7$69.25
7/31/202055,500 $4.04 million -2.6%3.0%6.6$72.80
7/15/202057,000 $3.97 million 17.8%3.1%5.6$69.64
6/30/202048,400 $3.63 million 14.4%2.6%3.9$74.97
6/15/202042,300 $3.11 million 2.9%1.6%3$73.41
5/29/202041,100 $2.93 million 10.2%1.5%2.5$71.31
5/15/202037,300 $2.81 million 14.1%1.4%2.2$75.40
4/30/202032,700 $2.61 million 44.7%1.2%2.1$79.93
4/15/202022,600 $1.47 million 13.6%0.8%1.6$65.00
3/31/202019,900 $1.25 million -4.8%0.7%1.5$62.93
3/13/202020,900 $1.45 million 40.3%0.8%1.6$69.19
2/28/202014,900 $885,805.00 10.4%0.5%1.7$59.45
2/14/202013,500 $851,175.00 22.7%0.5%1.7$63.05
1/31/202011,000 $880,990.00 35.8%0.4%1.4$80.09
1/15/20208,100 $691,092.00 -26.4%0.3%1.1$85.32
12/31/201911,000 $993,960.00 -23.6%0.4%1.6$90.36
8/15/201919,600 $1.62 million -8.4%0.7%1.8$82.83

Century Bancorp (NASDAQ:CNBKA) Short Interest FAQ

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What is Century Bancorp's current short interest?

Short interest is the volume of Century Bancorp shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 44,000 shares of CNBKA short. 2.43% of Century Bancorp's shares are currently sold short. View details.

What is a good short interest ratio for Century Bancorp?

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. Century Bancorp currently has a short interest ratio of 5.0.

What is a good short interest percentage for Century Bancorp?

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. 2.43% of Century Bancorp's floating shares are currently sold short.

Is Century Bancorp's short interest increasing or decreasing?

Century Bancorp saw a decrease in short interest in October. As of October 30th, there was short interest totaling 44,000 shares, a decrease of 0.2% from the previous total of 44,100 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.

What is Century Bancorp's float size?

Century Bancorp currently has issued a total of 5,568,000 shares. Some of Century 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. Century Bancorp currently has a public float of 1,810,000 shares.

How does Century Bancorp's short interest compare to its competitors?

2.43% of Century Bancorp's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "regional banks" compare to Century Bancorp: Truist Financial Co. (1.16%), The PNC Financial Services Group, Inc. (1.12%), First Republic Bank (0.00%), Fifth Third Bancorp (1.57%), SVB Financial Group (1.65%), KeyCorp (1.51%), M&T Bank Co. (2.12%), Regions Financial Co. (2.17%), Huntington Bancshares Incorporated (1.73%), and Commerce Bancshares, Inc. (3.47%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Century Bancorp stock?

Short selling CNBKA is an investing strategy that aims to generate trading profit from Century Bancorp as its price is falling. Century Bancorp's stock is trading down $2.52 today. To short Century Bancorp 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 Century Bancorp 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.

How does a short squeeze work against Century Bancorp?

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

How often is Century Bancorp's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CNBKA, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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