HarborOne Bancorp Short Interest Ratio and Short Volume

Short interest is the volume of HarborOne Bancorp shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 836,900 shares of HONE short.

HarborOne Bancorp saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 836,900 shares, a decline of 5.8% from the previous total of 888,100 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.

0.00% of HarborOne Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to HarborOne Bancorp: Atlantic Union Bankshares Co. (0.93%), Independent Bank Group, Inc. (0.00%), BancorpSouth Bank (2.41%), International Bancshares Co. (0.00%), Columbia Banking System, Inc. (2.44%), CVB Financial Corp. (2.13%), Hilltop Holdings Inc. (4.46%), United Community Banks, Inc. (0.00%), First Interstate BancSystem, Inc. (0.00%), and First BanCorp. (3.62%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling HONE is an investing strategy that aims to generate trading profit from HarborOne Bancorp as its price is falling. HarborOne Bancorp's stock is trading down $0.32 today. To short HarborOne Bancorp 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 HarborOne Bancorp 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 HarborOne 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 HONE, 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 HONE, twice per month. The most recent reporting period available is April, 15 2021.