Partners Bancorp (PTRS) Short Interest Ratio & Short Volume

Short interest is the volume of Partners Bancorp shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 22,700 shares of PTRS short. 0.23% of Partners Bancorp's shares are currently sold short. Learn More on Partners Bancorp'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. PTRS shares currently have a short interest ratio of 3.0. Learn More on Partners Bancorp'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. 0.23% of Partners Bancorp's floating shares are currently sold short.

Partners Bancorp saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 22,700 shares, an increase of 6.6% from the previous total of 21,300 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.

Partners Bancorp currently has issued a total of 17,990,000 shares. Some of Partners Bancorp'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. Partners Bancorp currently has a public float of 9,950,000 shares.

0.23% of Partners Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Partners Bancorp: MainStreet Bancshares, Inc. (2.11%), Richmond Mutual Bancorporation, Inc. (1.75%), First Western Financial, Inc. (1.30%), Penns Woods Bancorp, Inc. (2.22%), FinWise Bancorp (0.12%), OP Bancorp (0.45%), Union Bankshares, Inc. (0.45%), C&F Financial Co. (0.64%), Franklin Financial Services Co. (0.18%), CB Financial Services, Inc. (0.18%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling PTRS is an investing strategy that aims to generate trading profit from Partners Bancorp as its price is falling. PTRS shares are trading up $0.07 today. 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 Partners Bancorp 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 PTRS, 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 PTRS, twice per month. The most recent reporting period available is November, 15 2023.