Central Valley Community Bancorp (CVCY) Short Interest Ratio & Short Volume

Short interest is the volume of Central Valley Community Bancorp shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 156,800 shares of CVCY short. 1.59% of Central Valley Community Bancorp's shares are currently sold short. Learn More on Central Valley Community 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. CVCY shares currently have a short interest ratio of 6.0. Learn More on Central Valley Community 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. 1.59% of Central Valley Community Bancorp's floating shares are currently sold short.

Central Valley Community Bancorp saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 156,800 shares, an increase of 7.7% from the previous total of 145,600 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.

Central Valley Community Bancorp currently has issued a total of 11,830,000 shares. Some of Central Valley Community 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. Central Valley Community Bancorp currently has a public float of 9,840,000 shares.

1.59% of Central Valley Community Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Central Valley Community Bancorp: Civista Bancshares, Inc. (0.78%), BayCom Corp (0.66%), First Bank (0.59%), John Marshall Bancorp, Inc. (0.62%), HomeStreet, Inc. (3.36%), LINKBANCORP, Inc. (0.13%), PCB Bancorp (0.61%), Southern States Bancshares, Inc. (0.58%), Bank7 Corp. (0.99%), Bank of Marin Bancorp (4.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Cummins Inc. ($8.93 billion), Canadian Natural Resources Limited ($7.79 billion), Super Micro Computer, Inc. ($4.31 billion), T-Mobile US, Inc. ($4.00 billion), General Motors ($3.36 billion), Occidental Petroleum Co. ($3.10 billion), Charter Communications, Inc. ($2.92 billion), Coinbase Global, Inc. ($2.74 billion), Tractor Supply ($2.72 billion), and Moderna, Inc. ($2.31 billion). View all of the most shorted stocks.

Short selling CVCY is an investing strategy that aims to generate trading profit from Central Valley Community 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 Central Valley Community 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 CVCY, 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 CVCY, twice per month. The most recent reporting period available is March, 15 2024.