Glen Burnie Bancorp (GLBZ) Short Interest Ratio & Short Volume

Short interest is the volume of Glen Burnie Bancorp shares that have been sold short but have not yet been covered or closed out. As of July 15th, investors have sold 3,100 shares of GLBZ short. 0.13% of Glen Burnie Bancorp's shares are currently sold short. Learn More on Glen Burnie Bancorp's current short interest.

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. 0.13% of Glen Burnie Bancorp's floating shares are currently sold short.

Glen Burnie Bancorp saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 3,100 shares, a decrease of 6.1% from the previous total of 3,300 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.

Glen Burnie Bancorp currently has issued a total of 2,890,000 shares. Some of Glen Burnie 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. Glen Burnie Bancorp currently has a public float of 2,360,000 shares.

0.13% of Glen Burnie Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Glen Burnie Bancorp: Northeast Bank (1.02%), Village Bank and Trust Financial Corp. (0.08%), Itaú Unibanco Holding S.A. (0.60%), The Bank of Nova Scotia (2.48%), The Bank of New York Mellon Co. (0.85%), Deutsche Bank Aktiengesellschaft (0.40%), Fifth Third Bancorp (3.62%), M&T Bank Co. (1.66%), First Citizens BancShares, Inc. (1.70%), State Street Co. (1.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling GLBZ is an investing strategy that aims to generate trading profit from Glen Burnie Bancorp as its price is falling. GLBZ shares are trading up $0.11 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 Glen Burnie Bancorp 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 GLBZ, 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 GLBZ, twice per month. The most recent reporting period available is July, 15 2024.