County Bancorp (ICBK) Short Interest Ratio & Short Volume

Short interest is the volume of County Bancorp shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 38,200 shares of ICBK short. 0.83% of County Bancorp's shares are currently sold short. Learn More on County Bancorp's 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. ICBK shares currently have a short interest ratio of 7.0. Learn More on County Bancorp'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. 0.83% of County Bancorp's floating shares are currently sold short.

County Bancorp saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 38,200 shares, a drop of 43.2% from the previous total of 67,300 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.

County Bancorp currently has issued a total of 6,093,000 shares. Some of County 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. County Bancorp currently has a public float of 4,590,000 shares.

0.83% of County Bancorp's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to County Bancorp: CrossFirst Bankshares, Inc. (0.68%), Equity Bancshares, Inc. (0.75%), Blue Ridge Bankshares, Inc. (1.18%), Colony Bankcorp, Inc. (0.67%), First Financial Northwest, Inc. (1.48%), Bank of South Carolina Co. (0.08%), BM Technologies, Inc. (14.00%), Citizens Holding (0.35%), Signature Bank (1.49%), SouthState Co. (6.69%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Kansas City Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

Short selling ICBK is an investing strategy that aims to generate trading profit from County 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.

A short squeeze for County Bancorp 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 ICBK, 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 ICBK, twice per month. The most recent reporting period available is November, 15 2021.