OptimumBank (OPHC) Short Interest Ratio & Short Volume

Short interest is the volume of OptimumBank shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 9,000 shares of OPHC short. Learn More on OptimumBank'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. OPHC shares currently have a short interest ratio of 1.0. Learn More on OptimumBank's short interest ratio.

Here is how the short interest of companies in the sector of "finance" compare to OptimumBank: AmeriServ Financial, Inc. (0.16%), Patriot National Bancorp, Inc. (0.10%), Old Point Financial Co. (0.09%), CF Bankshares Inc. (0.11%), Meridian Co. (0.10%), Landmark Bancorp, Inc. (1.60%), FNCB Bancorp, Inc. (0.37%), United Security Bancshares (0.16%), Hawthorn Bancshares, Inc. (2.06%), Virginia National Bankshares Co. (1.19%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling OPHC is an investing strategy that aims to generate trading profit from OptimumBank 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 OptimumBank 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 OPHC, 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 OPHC, twice per month. The most recent reporting period available is April, 15 2024.