Nicolet Bankshares (NCBS) Short Interest Ratio & Short Volume

Short interest is the volume of Nicolet Bankshares shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 383,400 shares of NCBS short. Learn More on Nicolet Bankshares' 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. NCBS shares currently have a short interest ratio of 8.0. Learn More on Nicolet Bankshares's short interest ratio.

Nicolet Bankshares saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 383,400 shares, an increase of 1.8% from the previous total of 376,600 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.

Here is how the short interest of companies in the sector of "finance" compare to Nicolet Bankshares: Nicolet Bankshares, Inc. (1.91%), Sandy Spring Bancorp, Inc. (1.33%), Westamerica Bancorporation (1.29%), National Bank Holdings Co. (1.02%), OceanFirst Financial Corp. (2.28%), Pathward Financial, Inc. (6.90%), Hope Bancorp, Inc. (1.58%), First Commonwealth Financial Co. (1.14%), Bank First Co. (2.22%), Northwest Bancshares, Inc. (3.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.31 billion), Charter Communications, Inc. ($3.24 billion), Lucid Group, Inc. ($2.25 billion), HP Inc. ($2.22 billion), GameStop Corp. ($1.69 billion), Carnival Co. & plc ($1.66 billion), Snap Inc. ($1.64 billion), Wayfair Inc. ($1.63 billion), Rivian Automotive, Inc. ($1.60 billion), and Upstart Holdings, Inc. ($1.53 billion). View all of the most shorted stocks.

Short selling NCBS is an investing strategy that aims to generate trading profit from Nicolet Bankshares 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 Nicolet Bankshares 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 NCBS, 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 NCBS, twice per month. The most recent reporting period available is April, 30 2022.