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Hanover Bancorp (HNVR) Short Interest Ratio & Short Volume

$16.50
0.00 (0.00%)
(As of 05/20/2024 ET)

Hanover Bancorp Short Interest Data

Current Short Interest
4,000 shares
Previous Short Interest
5,000 shares
Change Vs. Previous Month
-20.00%
Dollar Volume Sold Short
$66,400.00
Short Interest Ratio
0.7 Days to Cover
Last Record Date
April 30, 2024
Outstanding Shares
7,250,000 shares
Float Size
4,330,000 shares
Short Percent of Float
0.09%
Today's Trading Volume
6,574 shares
Average Trading Volume
5,842 shares
Today's Volume Vs. Average
113%
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HNVR Short Interest Over Time

HNVR Days to Cover Over Time

HNVR Percentage of Float Shorted Over Time

Hanover Bancorp Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/20244,000 shares $66,400.00 -20.0%0.1%0.7 $16.60
4/15/20245,000 shares $69,100.00 +19.1%0.1%0.8 $13.82
3/31/20244,200 shares $62,244.00 -4.6%0.1%0.8 $14.82
3/15/20244,400 shares $69,300.00 +25.7%0.1%0.9 $15.75
2/29/20243,500 shares $57,855.00 +16.7%0.1%0.4 $16.53
2/15/20243,000 shares $53,081.10 -23.1%0.1%0.4 $17.69
1/31/20243,900 shares $70,473.00 -35.0%0.1%0.5 $18.07
1/15/20246,000 shares $104,400.00 -7.7%0.2%0.9 $17.40
12/31/20236,500 shares $114,660.00 -55.8%0.2%1 $17.64
12/15/202314,700 shares $262,395.00 +67.1%0.4%2.3 $17.85
11/30/20238,800 shares $155,760.00 +2.3%0.2%1.6 $17.70
11/15/20238,600 shares $151,360.00 -2.3%0.2%1.6 $17.60
10/31/20238,800 shares $158,840.00 -7.4%0.2%1.8 $18.05
10/15/20239,500 shares $170,715.00 -5.9%0.2%1.9 $17.97
9/30/202310,100 shares $182,709.00 +71.2%0.3%2 $18.09
9/15/20235,900 shares $108,560.00 +63.9%0.2%1.2 $18.40
8/31/20233,600 shares $65,700.00 -10.0%0.1%1.5 $18.25
8/15/20234,000 shares $73,960.00 -29.8%0.1%2.7 $18.49
7/31/20235,700 shares $103,398.00 +11.8%0.1%4.1 $18.14
7/15/20235,100 shares $90,831.00 -31.1%0.1%4.6 $17.81
6/30/20237,400 shares $133,052.00 -20.4%0.2%6.2 $17.98
6/15/20239,300 shares $162,471.00 -5.1%0.2%7.2 $17.47
5/31/20239,800 shares $175,321.02 -30.5%0.3%6.5 $17.89
5/15/202314,100 shares $248,724.00 No Change0.4%7.4 $17.64
10/31/20228,800 shares $180,048.00 -14.6%0.2%2.5 $20.46
10/15/202210,300 shares $201,571.00 No Change0.2%4.3 $19.57
9/30/202210,300 shares $196,936.00 +212.1%0.2%3.7 $19.12
9/15/20223,300 shares $65,109.00 -10.8%0.1%1.1 $19.73
8/31/20223,700 shares $72,557.00 -33.9%0.1%1 $19.61
8/15/20225,600 shares $114,688.00 -1.8%0.1%1.3 $20.48
7/31/20225,700 shares $111,492.00 -8.1%0.1%0.3 $19.56
7/15/20226,200 shares $120,652.00 No Change0.2%0.3 $19.46

HNVR Short Interest - Frequently Asked Questions

What is Hanover Bancorp's current short interest?

Short interest is the volume of Hanover Bancorp shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 4,000 shares of HNVR short. 0.09% of Hanover Bancorp's shares are currently sold short. Learn More on Hanover Bancorp's current short interest.

What is a good short interest ratio for Hanover 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. HNVR shares currently have a short interest ratio of 1.0. Learn More on Hanover Bancorp's short interest ratio.

What is a good short interest percentage for Hanover 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. 0.09% of Hanover Bancorp's floating shares are currently sold short.

Is Hanover Bancorp's short interest increasing or decreasing?

Hanover Bancorp saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,000 shares, a drop of 20.0% from the previous total of 5,000 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 Hanover Bancorp's float size?

Hanover Bancorp currently has issued a total of 7,250,000 shares. Some of Hanover 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. Hanover Bancorp currently has a public float of 4,330,000 shares.

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

0.09% of Hanover Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Hanover Bancorp: Union Bankshares, Inc. (0.38%), CB Financial Services, Inc. (0.14%), First Community Co. (3.69%), Franklin Financial Services Co. (0.20%), Ohio Valley Banc Corp. (0.33%), Richmond Mutual Bancorporation, Inc. (1.62%), MainStreet Bancshares, Inc. (3.60%), Eagle Bancorp Montana, Inc. (0.16%), FinWise Bancorp (0.76%), First National Co. (0.15%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Hanover Bancorp stock?

Short selling HNVR is an investing strategy that aims to generate trading profit from Hanover Bancorp as its price is falling. 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 Hanover Bancorp?

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

How often is Hanover 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 HNVR, twice per month. The most recent reporting period available is April, 30 2024.



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This page (NASDAQ:HNVR) was last updated on 5/20/2024 by MarketBeat.com Staff

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