Limestone Bancorp Short Interest Ratio and Short Volume

Short interest is the volume of Limestone Bancorp shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 3,300 shares of LMST short. 0.08% of Limestone Bancorp's shares are currently sold short. Learn More on Limestone Bancorp's current short interest.

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. 0.08% of Limestone Bancorp's floating shares are currently sold short.

Limestone Bancorp saw a decline in short interest in June. As of June 30th, there was short interest totaling 3,300 shares, a decline of 98.1% from the previous total of 174,200 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.

Limestone Bancorp currently has issued a total of 6,595,000 shares. Some of Limestone 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. Limestone Bancorp currently has a public float of 4,140,000 shares.

0.08% of Limestone Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "national commercial banks" compare to Limestone Bancorp: Guaranty Bancshares, Inc. (1.16%), Thomasville Bancshares, Inc. (0.00%), Southern First Bancshares, Inc. (0.99%), SmartFinancial, Inc. (0.93%), American National Bankshares Inc. (0.89%), The First Bancorp, Inc. (0.99%), Peoples Financial Services Corp. (0.69%), Capital Bancorp, Inc. (0.95%), Fidelity D & D Bancorp, Inc. (1.77%), and Carter Bankshares, Inc. (0.91%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.32 billion), AstraZeneca PLC ($8.20 billion), Square, Inc. ($7.79 billion), Analog Devices, Inc. ($7.16 billion), S&P Global Inc. ($7.07 billion), Aon plc ($6.17 billion), Charter Communications, Inc. ($5.38 billion), Wayfair Inc. ($4.80 billion), AMC Entertainment Holdings, Inc. ($4.28 billion), and Snowflake Inc. ($3.19 billion). View all of the most shorted stocks.

Short selling LMST is an investing strategy that aims to generate trading profit from Limestone Bancorp as its price is falling. Limestone Bancorp's stock is trading down $0.01 today. To short Limestone 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 Limestone 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 Limestone 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 LMST, 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 LMST, twice per month. The most recent reporting period available is June, 30 2021.