Premier Financial Short Interest Ratio and Short Volume

+0.23 (+0.70 %)
(As of 04/12/2021 12:00 AM ET)
Today's Range
Now: $33.08
50-Day Range
MA: $32.69
52-Week Range
Now: $33.08
Volume32,919 shs
Average Volume138,530 shs
Market Capitalization$1.23 billion
P/E Ratio23.80
Dividend Yield2.92%

Short Interest

Premier Financial (NASDAQ:PFC) Short Interest Data

Current Short Volume386,500 shares
Previous Short Volume530,100 shares
Change Vs. Previous Month:-27.09%
Dollar Volume Sold Short$12.79 million
Short Interest Ratio / Days to Cover2.8
Last Record DateMarch, 31 2021
Outstanding Shares37,273,000 shares
Float Size36,610,000 shares
Short Percent of Float1.06%
Today's Trading Volume32,919 shares
Average Trading Volume138,530 shares
Today's Volume Vs. Average-76.24%

Short Interest Over Time

Premier Financial (NASDAQ:PFC) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021386,500 shares $12.79 million -27.1%1.1%2.8 $33.08
3/15/2021530,100 shares $17.66 million +22.1%1.5%3.6 $33.31
2/26/2021434,000 shares $14.54 million -1.8%1.2%3.4 $33.50
2/12/2021442,000 shares $13.55 million +10.9%1.2%3.6 $30.66
1/29/2021398,700 shares $11.86 million +12.9%1.1%3.2 $29.75
1/15/2021353,300 shares $9.69 million No Change1.0%3 $27.42

Premier Financial (NASDAQ:PFC) Short Interest FAQ

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What is Premier Financial's current short interest?

Short interest is the volume of Premier Financial shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 386,500 shares of PFC short. 1.06% of Premier Financial's shares are currently sold short. View details.

What is a good short interest ratio for Premier Financial?

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. Premier Financial currently has a short interest ratio of 3.0.

What is a good short interest percentage for Premier Financial?

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. 1.06% of Premier Financial's floating shares are currently sold short.

Is Premier Financial's short interest increasing or decreasing?

Premier Financial saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 386,500 shares, a decrease of 27.1% from the previous total of 530,100 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 Premier Financial's float size?

Premier Financial currently has issued a total of 37,273,000 shares. Some of Premier Financial'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. Premier Financial currently has a public float of 36,610,000 shares.

How does Premier Financial's short interest compare to its competitors?

1.06% of Premier Financial's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Premier Financial: Home Bancshares, Inc. (Conway, AR) (3.01%), Wintrust Financial Co. (2.24%), Pacific Premier Bancorp, Inc. (0.00%), Silvergate Capital Co. (7.46%), Bank of Hawaii Co. (4.96%), Hancock Whitney Co. (0.00%), Investors Bancorp, Inc. (7.36%), Ameris Bancorp (3.24%), First Hawaiian, Inc. (3.31%), and Associated Banc-Corp (1.85%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Premier Financial stock?

Short selling PFC is an investing strategy that aims to generate trading profit from Premier Financial as its price is falling. Premier Financial's stock is trading up $0.23 today. To short Premier Financial 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 Premier Financial 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 Premier Financial?

A short squeeze for Premier Financial 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 PFC, which in turn drives the price of the stock up even further.

How often is Premier Financial'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 PFC, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/13/2021 by Staff
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