Old Line Bancshares (OLBK) Short Interest Ratio & Short Volume

Short interest is the volume of Old Line Bancshares shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 197,200 shares of OLBK short. 1.41% of Old Line Bancshares' shares are currently sold short. Learn More on Old Line Bancshares' 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. OLBK shares currently have a short interest ratio of 2.0. Learn More on Old Line Bancshares'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. 1.41% of Old Line Bancshares' floating shares are currently sold short.

Old Line Bancshares saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 197,200 shares, a drop of 2.8% from the previous total of 202,900 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.

Old Line Bancshares currently has issued a total of 17,005,000 shares. Some of Old Line Bancshares' 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. Old Line Bancshares currently has a public float of 14,000,000 shares.

1.41% of Old Line Bancshares' shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Old Line Bancshares: Equity Bancshares, Inc. (0.72%), Independent Bank Co. (1.16%), TrustCo Bank Corp NY (1.10%), Heritage Commerce Corp (1.22%), Midland States Bancorp, Inc. (1.03%), Cambridge Bancorp (1.41%), Horizon Bancorp, Inc. (1.70%), Coastal Financial Co. (4.04%), Central Pacific Financial Corp. (1.68%), Macatawa Bank Co. (0.29%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RingCentral, Inc. ($862.50 million), Reata Pharmaceuticals, Inc. ($637.88 million), Immunomedics, Inc. ($530.84 million), Viacom, Inc. ($466.41 million), Glaukos Co. ($461.75 million), QTS Realty Trust, Inc. ($419.87 million), Smartsheet Inc ($418.21 million), Agios Pharmaceuticals, Inc. ($393.42 million), Premier, Inc. ($342.60 million), and ZIOPHARM Oncology, Inc. ($280.25 million). View all of the most shorted stocks.

Short selling OLBK is an investing strategy that aims to generate trading profit from Old Line Bancshares 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 Old Line Bancshares 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 OLBK, 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 OLBK, twice per month. The most recent reporting period available is November, 15 2019.