First Citizens BancShares (FCNCP) Short Interest Ratio & Short Volume

Short interest is the volume of First Citizens BancShares shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 2,200 shares of FCNCP short. Learn More on First Citizens BancShares' current short interest.

First Citizens BancShares saw a drop in short interest in April. As of April 15th, there was short interest totaling 2,200 shares, a drop of 37.1% from the previous total of 3,500 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.

Here is how the short interest of companies in the industry of "banks - regional" compare to First Citizens BancShares: Burke & Herbert Financial Services Corp. (2.60%), Grupo Financiero Galicia S.A. (3.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FCNCP is an investing strategy that aims to generate trading profit from First Citizens BancShares as its price is falling. FCNCP shares are trading up $0.21 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 Citizens BancShares 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 FCNCP, 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 FCNCP, twice per month. The most recent reporting period available is April, 15 2024.