First Bancshares (FBMS) Short Interest Ratio & Short Volume

Short interest is the volume of First Bancshares shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 463,500 shares of FBMS short. Learn More on First Bancshares' 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. FBMS shares currently have a short interest ratio of 3.0. Learn More on First Bancshares's short interest ratio.

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

First Bancshares saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 463,500 shares, an increase of 12.6% from the previous total of 411,700 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 "banking" compare to First Bancshares: ServisFirst Bancshares, Inc. (7.59%), Intercorp Financial Services Inc. (0.43%), Banco BBVA Argentina S.A. (0.49%), Axos Financial, Inc. (6.25%), Associated Banc-Corp (3.73%), Eastern Bankshares, Inc. (2.24%), Grupo Aval Acciones y Valores S.A. (0.00%), Burford Capital Limited (1.90%), First Hawaiian, Inc. (4.52%), Inter & Co, Inc. (4.59%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

Short selling FBMS is an investing strategy that aims to generate trading profit from First Bancshares as its price is falling. FBMS shares are trading up $0.10 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 First Bancshares 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 FBMS, 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 FBMS, twice per month. The most recent reporting period available is June, 30 2024.