Hallmark Financial Services (HALL) Short Interest Ratio & Short Volume

Short interest is the volume of Hallmark Financial Services shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 26,300 shares of HALL short. 2.21% of Hallmark Financial Services' shares are currently sold short. Learn More on Hallmark Financial Services' 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. HALL shares currently have a short interest ratio of 1.0. Learn More on Hallmark Financial Services's short interest ratio.

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. 2.21% of Hallmark Financial Services' floating shares are currently sold short.

Hallmark Financial Services saw a increase in short interest in December. As of December 31st, there was short interest totaling 26,300 shares, an increase of 121.0% from the previous total of 11,900 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.

Hallmark Financial Services currently has issued a total of 2,087,000 shares. Some of Hallmark Financial Services' 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. Hallmark Financial Services currently has a public float of 1,190,000 shares.

2.21% of Hallmark Financial Services' shares are currently sold short. Here is how the short interest of companies compare to Hallmark Financial Services: The Progressive Co. (1.13%), The Travelers Companies, Inc. (1.42%), The Allstate Co. (1.49%), Arch Capital Group Ltd. (1.37%), W. R. Berkley Co. (1.46%), Markel Group Inc. (1.67%), Cincinnati Financial Co. (1.36%), Fidelity National Financial, Inc. (1.01%), Erie Indemnity (5.53%), CNA Financial Co. (0.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: General Motors ($4.15 billion), T-Mobile US, Inc. ($3.92 billion), TC Energy Co. ($3.66 billion), Charter Communications, Inc. ($3.35 billion), Coinbase Global, Inc. ($3.32 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.80 billion), Rivian Automotive, Inc. ($2.44 billion), Moderna, Inc. ($2.41 billion), and United Rentals, Inc. ($2.23 billion). View all of the most shorted stocks.

Short selling HALL is an investing strategy that aims to generate trading profit from Hallmark Financial Services as its price is falling. HALL shares are trading up $0.00 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 Hallmark Financial Services 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 HALL, 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 HALL, twice per month. The most recent reporting period available is December, 31 2023.