Horizon Bancorp (HBNC) Short Interest Ratio & Short Volume

$12.06
+0.22 (+1.86%)
(As of 04/22/2024 ET)

Horizon Bancorp Short Interest Data

Current Short Volume
726,900 shares
Previous Short Volume
788,100 shares
Change Vs. Previous Month
-7.77%
Dollar Volume Sold Short
$9.33 million
Short Interest Ratio / Days to Cover
4.5
Last Record Date
March 31, 2024
Outstanding Shares
44,111,000 shares
Float Size
42,780,000 shares
Short Percent of Float
1.70%
Today's Trading Volume
120,755 shares
Average Trading Volume
159,857 shares
Today's Volume Vs. Average
76%
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HBNC Short Interest Over Time

HBNC Days to Cover Over Time

HBNC Percentage of Float Shorted Over Time

Horizon Bancorp Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2024726,900 shares $9.33 million -7.8%1.7%4.5 $12.83
3/15/2024788,100 shares $9.34 million +0.6%1.8%5 $11.85
2/29/2024783,100 shares $9.43 million +1.1%1.8%4.6 $12.04
2/15/2024774,500 shares $9.88 million -2.1%1.8%4.5 $12.76
1/31/2024790,900 shares $10.37 million +1.1%1.9%4.8 $13.11
1/15/2024782,700 shares $10.34 million -2.1%1.8%5 $13.21
12/31/2023799,800 shares $11.45 million +3.7%1.9%5.1 $14.31
12/15/2023771,500 shares $10.67 million +12.6%1.8%4.8 $13.83
11/30/2023684,900 shares $7.46 million -1.9%1.6%4.6 $10.89
11/15/2023698,100 shares $7.78 million -10.1%1.6%4.8 $11.14
10/31/2023776,200 shares $7.37 million -10.4%1.8%5.2 $9.49
10/15/2023865,900 shares $8.73 million -0.7%2.0%5.6 $10.08
9/30/2023871,800 shares $9.31 million -10.2%2.1%5.2 $10.68
9/15/2023971,300 shares $10.53 million -9.2%2.3%4.8 $10.84
8/31/20231,070,000 shares $11.97 million No Change2.5%5 $11.19
8/15/20231,070,000 shares $12.41 million -6.1%2.5%4.6 $11.60
7/31/20231,140,000 shares $14.12 million -0.9%2.7%4.5 $12.39
7/15/20231,150,000 shares $12.03 million -2.5%2.7%3.8 $10.46
6/30/20231,180,000 shares $12.28 million +63.8%2.8%3.9 $10.41
6/15/2023720,200 shares $7.94 million -8.2%1.7%2.2 $11.03
5/31/2023784,600 shares $6.98 million -6.0%1.9%2.2 $8.89
5/15/2023834,900 shares $6.80 million +14.0%2.0%2.4 $8.15
4/30/2023732,600 shares $7.71 million +18.8%1.8%2.2 $10.53
4/15/2023616,800 shares $6.64 million +3.1%1.5%2.1 $10.76
3/31/2023598,300 shares $6.62 million -25.7%1.4%2.2 $11.06
3/15/2023805,600 shares $9.23 million +12.7%2.2%3.5 $11.46
2/28/2023715,100 shares $10.88 million +9.0%1.9%4.6 $15.22
2/15/2023655,800 shares $10.42 million -0.8%1.8%4.3 $15.89
1/31/2023661,300 shares $10.34 million -1.6%1.8%4.2 $15.64
1/15/2023671,800 shares $10.55 million +14.8%1.8%3.4 $15.71
12/30/2022585,200 shares $8.82 million +2.4%1.6%2.9 $15.08
12/15/2022571,600 shares $8.40 million +6.3%1.5%2.8 $14.70
11/30/2022537,900 shares $8.75 million +11.9%1.5%2.6 $16.26
11/15/2022480,900 shares $7.63 million -13.4%1.3%2.4 $15.86
10/31/2022555,400 shares $8.28 million -5.1%1.5%3 $14.91
10/15/2022585,500 shares $11.22 million -1.5%1.6%4.3 $19.16
9/30/2022594,400 shares $10.68 million +6.8%1.6%5.1 $17.96
9/15/2022556,800 shares $10.48 million -4.2%1.5%4.5 $18.82
8/31/2022581,400 shares $11.00 million +5.0%1.6%5.1 $18.92
8/15/2022553,600 shares $11.28 million +14.6%1.5%4.6 $20.38
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HBNC Short Interest - Frequently Asked Questions

What is Horizon Bancorp's current short interest?

Short interest is the volume of Horizon Bancorp shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 726,900 shares of HBNC short. 1.70% of Horizon Bancorp's shares are currently sold short. Learn More on Horizon Bancorp's current short interest.

What is a good short interest ratio for Horizon Bancorp?

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. HBNC shares currently have a short interest ratio of 4.0. Learn More on Horizon Bancorp's short interest ratio.

Which institutional investors are shorting Horizon Bancorp?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Horizon Bancorp: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Horizon Bancorp?

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. 1.70% of Horizon Bancorp's floating shares are currently sold short.

Is Horizon Bancorp's short interest increasing or decreasing?

Horizon Bancorp saw a drop in short interest in March. As of March 31st, there was short interest totaling 726,900 shares, a drop of 7.8% from the previous total of 788,100 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.

What is Horizon Bancorp's float size?

Horizon Bancorp currently has issued a total of 44,111,000 shares. Some of Horizon 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. Horizon Bancorp currently has a public float of 42,780,000 shares.

How does Horizon Bancorp's short interest compare to its competitors?

1.70% of Horizon Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Horizon Bancorp: Central Pacific Financial Corp. (1.68%), Heritage Commerce Corp (1.22%), Univest Financial Co. (0.75%), Mercantile Bank Co. (0.96%), Farmers National Banc Corp. (1.49%), Capital City Bank Group, Inc. (0.33%), First Community Bankshares, Inc. (1.01%), First Financial Co. (0.55%), Great Southern Bancorp, Inc. (1.67%), Washington Trust Bancorp, Inc. (3.44%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Horizon Bancorp stock?

Short selling HBNC is an investing strategy that aims to generate trading profit from Horizon Bancorp as its price is falling. HBNC shares are trading up $0.22 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.

How does a short squeeze work against Horizon Bancorp?

A short squeeze for Horizon 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 HBNC, which in turn drives the price of the stock up even further.

How often is Horizon Bancorp's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HBNC, twice per month. The most recent reporting period available is March, 31 2024.



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This page (NASDAQ:HBNC) was last updated on 4/23/2024 by MarketBeat.com Staff

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