ESSA Bancorp Short Interest Ratio and Short Volume

-0.12 (-0.72 %)
(As of 09/23/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume2,328 shs
Average Volume30,837 shs
Market Capitalization$173.97 million
P/E Ratio10.36
Dividend Yield2.87%

ESSA Bancorp (NASDAQ:ESSA) Short Interest Data

Current Short Volume15,800 shares
Previous Short Volume18,500 shares
Change Vs. Previous Month-14.59%
Dollar Volume Sold Short$264,176.00
Short Interest Ratio / Days to Cover0.4
Last Record DateAugust, 31 2021
Outstanding Shares10,493,000 shares
Float Size8,610,000 shares
Short Percent of Float0.18%
Today's Trading Volume2,328 shares
Average Trading Volume30,837 shares
Today's Volume Vs. Average-92.45%

Short Interest Over Time

Days to Cover Over Time

Percentage of Float Shorted Over Time

cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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ESSA Bancorp (NASDAQ:ESSA) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202115,800 shares $264,176.00 -14.6%0.2%0.4 $16.72
8/13/202118,500 shares $305,250.00 -40.7%0.2%0.4 $16.50
7/30/202131,200 shares $509,496.00 -22.6%0.4%0.6 $16.33
7/15/202140,300 shares $659,711.00 -11.4%0.5%0.8 $16.37
6/30/202145,500 shares $745,745.00 -81.7%0.5%0.9 $16.39
6/15/2021248,600 shares $4.07 million +4.4%2.8%7.7 $16.36
5/28/2021238,200 shares $3.78 million +0.8%2.7%9.2 $15.85
5/14/2021236,400 shares $3.65 million +43.3%2.7%7.9 $15.44
4/30/2021165,000 shares $2.51 million +32.4%1.9%5.7 $15.23
4/15/2021124,600 shares $1.99 million +24.2%1.4%4.6 $16.01
3/31/2021100,300 shares $1.73 million +16.4%1.1%3.9 $17.26
3/15/202186,200 shares $1.48 million +2.3%1.0%3.8 $17.20
2/26/202184,300 shares $1.34 million +15.0%1.0%4.1 $15.85
2/12/202173,300 shares $1.14 million +22.4%0.8%4.7 $15.50
1/29/202159,900 shares $845,189.00 +2.6%0.7%3.2 $14.11
1/15/202158,400 shares $893,520.00 -17.1%0.7%3.4 $15.30
12/31/202070,400 shares $1.06 million +4.5%0.8%4.3 $15.02
12/15/202067,400 shares $1.07 million +4.3%0.8%4.2 $15.91
11/30/202064,600 shares $1.03 million +3.9%0.7%3.7 $15.92
11/15/202062,200 shares $909,364.00 +17.6%0.7%3.7 $14.62
10/30/202052,900 shares $705,686.00 -4.5%0.6%3.4 $13.34
10/15/202055,400 shares $703,580.00 +4.1%0.6%4.6 $12.70
9/30/202053,200 shares $655,956.00 -7.5%0.6%4.4 $12.33
9/15/202057,500 shares $767,050.00 -1.5%0.6%4.2 $13.34
8/31/202058,400 shares $747,520.00 -8.9%0.7%4.1 $12.80

ESSA Bancorp (NASDAQ:ESSA) Short Interest FAQ

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ESSA Bancorp (NASDAQ:ESSA) Short Interest Frequently Asked Questions

What is ESSA Bancorp's current short interest?

Short interest is the volume of ESSA Bancorp shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 15,800 shares of ESSA short. 0.18% of ESSA Bancorp's shares are currently sold short. Learn More on ESSA Bancorp's current short interest.

What is a good short interest percentage for ESSA 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. 0.18% of ESSA Bancorp's floating shares are currently sold short.

Is ESSA Bancorp's short interest increasing or decreasing?

ESSA Bancorp saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 15,800 shares, a decrease of 14.6% from the previous total of 18,500 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 ESSA Bancorp's float size?

ESSA Bancorp currently has issued a total of 10,493,000 shares. Some of ESSA 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. ESSA Bancorp currently has a public float of 8,610,000 shares.

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

0.18% of ESSA 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 ESSA Bancorp: People's United Financial, Inc. (2.29%), New York Community Bancorp, Inc. (10.58%), TFS Financial Co. (1.22%), MGIC Investment Co. (6.05%), Radian Group Inc. (3.29%), Walker & Dunlop, Inc. (1.88%), The Simply Good Foods Company (2.59%), Washington Federal, Inc. (4.00%), WSFS Financial Co. (3.01%), and LendingTree, Inc. (15.32%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

What does it mean to sell short ESSA Bancorp stock?

Short selling ESSA is an investing strategy that aims to generate trading profit from ESSA Bancorp as its price is falling. ESSA Bancorp's stock is trading down $0.12 today. To short ESSA 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 ESSA 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 ESSA Bancorp?

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

How often is ESSA 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 ESSA, twice per month. The most recent reporting period available is August, 31 2021.

This page was last updated on 9/23/2021 by Staff
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