ChoiceOne Financial Services Short Interest Ratio and Short Volume

-0.24 (-0.97 %)
(As of 07/23/2021 03:47 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume109 shs
Average Volume69,153 shs
Market Capitalization$191.81 million
P/E Ratio10.15
Dividend Yield3.54%

ChoiceOne Financial Services (NASDAQ:COFS) Short Interest Data

Current Short Volume20,000 shares
Previous Short Volume259,600 shares
Change Vs. Previous Month-92.30%
Dollar Volume Sold Short$484,400.00
Short Interest Ratio / Days to Cover0.6
Last Record DateJune, 30 2021
Outstanding Shares7,810,000 shares
Float Size7,270,000 shares
Short Percent of Float0.28%
Today's Trading Volume109 shares
Average Trading Volume69,153 shares
Today's Volume Vs. Average-99.84%

Short Interest Over Time

Days to Cover Over Time

Percentage of Float Shorted Over Time

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ChoiceOne Financial Services (NASDAQ:COFS) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/202120,000 shares $484,400.00 -92.3%0.3%0.6 $24.22
6/15/2021259,600 shares $6.42 million -4.1%3.6%12.3 $24.72
5/28/2021270,700 shares $6.97 million +18.3%3.7%14.2 $25.75
5/14/2021228,900 shares $5.84 million +28.6%3.2%12.1 $25.50
4/30/2021178,000 shares $4.36 million +60.8%2.5%10.2 $24.47
4/15/2021110,700 shares $2.61 million +45.5%1.5%7.5 $23.58
3/31/202176,100 shares $1.98 million +0.1%1.1%6.1 $26.06
3/15/202176,000 shares $2.26 million +8.6%1.1%6.6 $29.70
2/26/202170,000 shares $1.77 million +11.6%1.0%6.9 $25.31
2/12/202162,700 shares $1.64 million +2.5%0.9%6.7 $26.09
1/29/202161,200 shares $1.65 million -1.8%0.9%6.2 $26.90
1/15/202162,300 shares $1.91 million No Change0.9%6.3 $30.60
1/15/2020100 shares $3,125.00 No ChangeN/A0 $31.25

ChoiceOne Financial Services (NASDAQ:COFS) Short Interest FAQ

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What is ChoiceOne Financial Services' current short interest?

Short interest is the volume of ChoiceOne Financial Services shares that have been sold short but have not yet been covered or closed out. As of June 30th, investors have sold 20,000 shares of COFS short. 0.28% of ChoiceOne Financial Services' shares are currently sold short. Learn More on ChoiceOne Financial Services' current short interest.

What is a good short interest ratio for ChoiceOne Financial Services?

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. ChoiceOne Financial Services currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for ChoiceOne Financial Services

What is a good short interest percentage for ChoiceOne Financial Services?

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. 0.28% of ChoiceOne Financial Services' floating shares are currently sold short.

Is ChoiceOne Financial Services' short interest increasing or decreasing?

ChoiceOne Financial Services saw a drop in short interest in June. As of June 30th, there was short interest totaling 20,000 shares, a drop of 92.3% from the previous total of 259,600 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 ChoiceOne Financial Services' float size?

ChoiceOne Financial Services currently has issued a total of 7,810,000 shares. Some of ChoiceOne Financial Services' 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. ChoiceOne Financial Services currently has a public float of 7,270,000 shares.

How does ChoiceOne Financial Services' short interest compare to its competitors?

0.28% of ChoiceOne Financial Services' shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to ChoiceOne Financial Services: Altabancorp (2.38%), QCR Holdings, Inc. (1.20%), First National Bank Alaska (0.00%), CrossFirst Bankshares, Inc. (1.46%), Allegiance Bancshares, Inc. (1.33%), Horizon Bancorp, Inc. (0.81%), Community Trust Bancorp, Inc. (0.74%), Great Southern Bancorp, Inc. (1.14%), Central Pacific Financial Corp. (2.06%), and TriState Capital Holdings, Inc. (1.96%).

Which stocks are the most shorted right now?

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.

What does it mean to sell short ChoiceOne Financial Services stock?

Short selling COFS is an investing strategy that aims to generate trading profit from ChoiceOne Financial Services as its price is falling. ChoiceOne Financial Services' stock is trading down $0.24 today. To short ChoiceOne Financial Services 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 ChoiceOne Financial Services 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 ChoiceOne Financial Services?

A short squeeze for ChoiceOne Financial Services 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 COFS, which in turn drives the price of the stock up even further.

How often is ChoiceOne Financial Services' 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 COFS, twice per month. The most recent reporting period available is June, 30 2021.

This page was last updated on 7/23/2021 by Staff
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