Enterprise Financial Services - EFSC Short Interest Ratio & Short Volume

Short interest is the volume of Enterprise Financial Services shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 495,700 shares of EFSC short. Learn More on Enterprise Financial Services' 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. EFSC shares currently have a short interest ratio of 4.0. Learn More on Enterprise Financial Services's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Enterprise Financial Services: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Enterprise Financial Services saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 495,700 shares, a drop of 16.1% from the previous total of 591,000 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 industry of "regional banks" compare to Enterprise Financial Services: Banner Co. (2.31%), Heartland Financial USA, Inc. (1.28%), Renasant Co. (2.23%), Lakeland Financial Co. (7.43%), Columbia Banking System, Inc. (14.65%), TowneBank (1.46%), Bank of Hawaii Co. (4.99%), Stock Yards Bancorp, Inc. (3.05%), Seacoast Banking Co. of Florida (4.44%), and First Bancorp (2.32%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.81 billion), Charter Communications, Inc. ($3.04 billion), T. Rowe Price Group, Inc. ($1.98 billion), PG&E Co. ($1.92 billion), Lucid Group, Inc. ($1.90 billion), Coinbase Global, Inc. ($1.75 billion), Roblox Co. ($1.58 billion), Rivian Automotive, Inc. ($1.54 billion), Diamondback Energy, Inc. ($1.53 billion), and Old Dominion Freight Line, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling EFSC is an investing strategy that aims to generate trading profit from Enterprise Financial Services as its price is falling. EFSC shares are trading up $1.15 today. 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 Enterprise Financial Services 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 EFSC, 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 EFSC, twice per month. The most recent reporting period available is October, 31 2022.