Meridian Bancorp Short Interest Ratio and Short Volume

-0.32 (-1.44 %)
(As of 05/5/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume610,541 shs
Average Volume248,845 shs
Market Capitalization$1.15 billion
P/E Ratio17.54
Dividend Yield1.80%

Short Interest

Meridian Bancorp (NASDAQ:EBSB) Short Interest Data

Current Short Volume667,300 shares
Previous Short Volume436,500 shares
Change Vs. Previous Month+52.88%
Dollar Volume Sold Short$12.28 million
Short Interest Ratio / Days to Cover3.0
Last Record DateApril, 15 2021
Outstanding Shares53,320,000 shares
Float Size47,260,000 shares
Short Percent of Float1.41%
Today's Trading Volume610,541 shares
Average Trading Volume248,845 shares
Today's Volume Vs. Average145.35%

Short Interest Over Time

Meridian Bancorp (NASDAQ:EBSB) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021667,300 shares $12.28 million +52.9%1.4%3$18.41
3/31/2021436,500 shares $8.16 million +3.3%0.9%3.3$18.69
3/15/2021422,700 shares $8.16 million -8.8%0.9%3$19.30
2/26/2021463,700 shares $7.91 million -1.2%1.0%3.6$17.06
2/12/2021469,400 shares $7.70 million +6.5%1.0%3.7$16.41
1/29/2021440,900 shares $6.91 million +5.1%0.9%3.4$15.67
1/15/2021419,700 shares $6.81 million -6.0%0.9%3$16.22
12/31/2020446,700 shares $6.65 million +21.0%1.0%3.2$14.89
12/15/2020369,100 shares $5.32 million -22.3%0.8%2.8$14.41
11/30/2020474,700 shares $6.83 million +4.2%1.0%3.4$14.38
11/15/2020455,700 shares $6.22 million +17.3%1.0%3.3$13.64
10/30/2020388,400 shares $4.81 million -4.9%0.8%2.8$12.39
10/15/2020408,200 shares $4.64 million +6.9%0.9%3.1$11.36
9/30/2020381,900 shares $3.95 million -18.7%0.8%2.7$10.35
9/15/2020470,000 shares $5.19 million -20.1%1.0%3.1$11.05
8/31/2020588,300 shares $6.85 million -18.6%1.3%3.8$11.64
8/14/2020722,500 shares $8.86 million -6.9%1.5%4.4$12.26
7/31/2020775,900 shares $8.85 million +2.3%1.7%4.5$11.40
7/15/2020758,400 shares $8.33 million +3.8%1.6%4.2$10.99
6/30/2020730,700 shares $8.30 million +41.9%1.6%4.1$11.36
6/15/2020514,900 shares $5.74 million -4.3%1.1%2.7$11.15
5/29/2020537,900 shares $6.28 million -7.7%1.2%2.6$11.67
5/15/2020582,600 shares $5.84 million -6.0%1.2%2.7$10.02
4/30/2020620,000 shares $7.30 million +2.8%1.3%2.9$11.78
4/15/2020602,900 shares $6.10 million -22.7%1.3%2.7$10.12

Meridian Bancorp (NASDAQ:EBSB) Short Interest FAQ

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What is Meridian Bancorp's current short interest?

Short interest is the volume of Meridian Bancorp shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 667,300 shares of EBSB short. 1.41% of Meridian Bancorp's shares are currently sold short. View details.

What is a good short interest ratio for Meridian 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. Meridian Bancorp currently has a short interest ratio of 3.0.

What is a good short interest percentage for Meridian 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. 1.41% of Meridian Bancorp's floating shares are currently sold short.

Is Meridian Bancorp's short interest increasing or decreasing?

Meridian Bancorp saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 667,300 shares, an increase of 52.9% from the previous total of 436,500 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 Meridian Bancorp's float size?

Meridian Bancorp currently has issued a total of 52,431,000 shares. Some of Meridian 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. Meridian Bancorp currently has a public float of 47,260,000 shares.

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

1.41% of Meridian Bancorp's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "thrifts & mortgage finance" compare to Meridian Bancorp: People's United Financial, Inc. (0.00%), New York Community Bancorp, Inc. (4.48%), TFS Financial Co. (1.97%), MGIC Investment Co. (5.73%), Radian Group Inc. (3.19%), Walker & Dunlop, Inc. (2.18%), The Simply Good Foods Company (0.00%), LendingTree, Inc. (16.39%), Washington Federal, Inc. (4.77%), and WSFS Financial Co. (4.37%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Meridian Bancorp stock?

Short selling EBSB is an investing strategy that aims to generate trading profit from Meridian Bancorp as its price is falling. Meridian Bancorp's stock is trading down $0.32 today. To short Meridian 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 Meridian 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 Meridian Bancorp?

A short squeeze for Meridian 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 EBSB, which in turn drives the price of the stock up even further.

How often is Meridian 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 EBSB, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/5/2021 by Staff
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