Northeast Bank Short Interest Ratio and Short Volume

-0.05 (-0.17 %)
(As of 07/23/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume14,179 shs
Average Volume44,341 shs
Market Capitalization$243.53 million
P/E Ratio3.99
Dividend Yield0.14%

Northeast Bank (NASDAQ:NBN) Short Interest Data

Current Short Volume27,100 shares
Previous Short Volume221,400 shares
Change Vs. Previous Month-87.76%
Dollar Volume Sold Short$809,477.00
Short Interest Ratio / Days to Cover0.4
Last Record DateJune, 30 2021
Outstanding Shares8,340,000 shares
Float Size7,530,000 shares
Short Percent of Float0.36%
Today's Trading Volume14,179 shares
Average Trading Volume44,341 shares
Today's Volume Vs. Average-68.02%

Short Interest Over Time

Days to Cover Over Time

Percentage of Float Shorted Over Time

cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling Northeast Bank ?

Sign up to receive the latest short interest report for Northeast Bank and its competitors with MarketBeat's FREE newsletter.

Northeast Bank (NASDAQ:NBN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/202127,100 shares $809,477.00 -87.8%0.4%0.4 $29.87
6/15/2021221,400 shares $6.65 million +17.1%2.9%5.5 $30.03
5/28/2021189,100 shares $5.55 million +4.0%2.5%5.7 $29.36
5/14/2021181,800 shares $5.14 million +41.2%2.4%5.8 $28.29
4/30/2021128,800 shares $3.68 million +9.7%1.7%4.5 $28.61
4/15/2021117,400 shares $3.18 million -5.2%1.6%4.1 $27.10
3/31/2021123,800 shares $3.31 million -4.2%1.6%4.5 $26.76
3/15/2021129,200 shares $3.83 million -8.2%1.7%4.4 $29.63
2/26/2021140,800 shares $3.77 million -8.8%1.7%5.1 $26.78
2/12/2021154,400 shares $4.38 million +18.2%1.9%5.9 $28.36
1/29/2021130,600 shares $3.33 million +11.5%1.6%4.9 $25.51
1/15/2021117,100 shares $2.97 million No Change1.4%4.3 $25.35
1/31/202087,700 shares $1.76 million +9.1%1.1%5.3 $20.07
1/15/202087,700 shares $1.78 million +9.1%1.1%5.3 $20.32
12/31/201980,400 shares $1.77 million -1.0%1.0%4.9 $21.99
8/15/2019155,500 shares $3.19 million -2.9%2.1%7.9 $20.51

Northeast Bank (NASDAQ:NBN) Short Interest FAQ

speech bubbles
speech bubbles

What is Northeast Bank's current short interest?

Short interest is the volume of Northeast Bank shares that have been sold short but have not yet been covered or closed out. As of June 30th, investors have sold 27,100 shares of NBN short. 0.36% of Northeast Bank's shares are currently sold short. Learn More on Northeast Bank's current short interest.

What is a good short interest percentage for Northeast Bank?

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. 0.36% of Northeast Bank's floating shares are currently sold short.

Is Northeast Bank's short interest increasing or decreasing?

Northeast Bank saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 27,100 shares, a drop of 87.8% from the previous total of 221,400 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 Northeast Bank's float size?

Northeast Bank currently has issued a total of 8,340,000 shares. Some of Northeast Bank'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. Northeast Bank currently has a public float of 7,530,000 shares.

How does Northeast Bank's short interest compare to its competitors?

0.36% of Northeast Bank's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Northeast Bank: German American Bancorp, Inc. (1.50%), Origin Bancorp, Inc. (1.01%), Preferred Bank (2.49%), Byline Bancorp, Inc. (1.33%), Washington Trust Bancorp, Inc. (2.39%), Lakeland Bancorp, Inc. (2.34%), HomeStreet, Inc. (3.51%), HarborOne Bancorp, Inc. (1.24%), Bryn Mawr Bank Co. (1.56%), and Univest Financial Co. (1.13%).

Which stocks are the most shorted right now?

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.

What does it mean to sell short Northeast Bank stock?

Short selling NBN is an investing strategy that aims to generate trading profit from Northeast Bank as its price is falling. Northeast Bank's stock is trading down $0.05 today. To short Northeast Bank 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 Northeast Bank 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 Northeast Bank?

A short squeeze for Northeast Bank 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 NBN, which in turn drives the price of the stock up even further.

How often is Northeast Bank'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 NBN, twice per month. The most recent reporting period available is June, 30 2021.

This page was last updated on 7/23/2021 by Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.