Premier Financial (FDEF) Short Interest Ratio & Short Volume

Short interest is the volume of Premier Financial shares that have been sold short but have not yet been covered or closed out. As of May 29th, traders have sold 329,400 shares of FDEF short. Learn More on Premier Financial's 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. FDEF shares currently have a short interest ratio of 2.0. Learn More on Premier Financial's short interest ratio.

Premier Financial saw a decline in short interest in the month of May. As of May 29th, there was short interest totaling 329,400 shares, a decline of 37.5% from the previous total of 527,100 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 sector of "finance" compare to Premier Financial: Capitol Federal Financial, Inc. (5.06%), Brookline Bancorp, Inc. (1.57%), Northfield Bancorp, Inc. (Staten Island, NY) (3.29%), Kearny Financial Corp. (1.34%), Provident Financial Services, Inc. (6.19%), Waterstone Financial, Inc. (1.06%), HomeTrust Bancshares, Inc. (0.49%), Farmers & Merchants Bancorp, Inc. (1.16%), Sterling Bancorp (1.14%), Northrim BanCorp, Inc. (0.97%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.03 billion), Ecolab Inc. ($3.64 billion), Match Group, Inc. ($3.59 billion), Wayfair Inc. ($3.02 billion), Morgan Stanley ($2.87 billion), Tesla, Inc. ($2.69 billion), The Charles Schwab Co. ($2.64 billion), The Clorox Company ($2.50 billion), Zillow Group, Inc. ($1.86 billion), and International Flavors & Fragrances Inc. ($1.85 billion). View all of the most shorted stocks.

Short selling FDEF is an investing strategy that aims to generate trading profit from Premier Financial as its price is falling. FDEF shares are trading down $0.30 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 Premier Financial 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 FDEF, 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 FDEF, twice per month. The most recent reporting period available is May, 29 2020.