Signature Bank Short Interest Ratio and Short Volume

Short interest is the volume of Signature Bank shares that have been sold short but have not yet been covered or closed out. As of February 12th, investors have sold 2,010,000 shares of SBNY short. 3.75% of Signature Bank's shares are currently sold short. View details.

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. Signature Bank currently has a short interest ratio of 2.0.

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. 3.75% of Signature Bank's floating shares are currently sold short.

Signature Bank saw a increase in short interest in February. As of February 12th, there was short interest totaling 2,010,000 shares, an increase of 55.8% from the previous total of 1,290,000 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.

Signature Bank currently has issued a total of 53,563,000 shares. Some of Signature Bank'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. Signature Bank currently has a public float of 53,610,000 shares.

3.75% of Signature Bank's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "regional banks" compare to Signature Bank: Truist Financial Co. (0.97%), The PNC Financial Services Group, Inc. (1.35%), First Republic Bank (0.00%), SVB Financial Group (0.00%), Fifth Third Bancorp (1.40%), M&T Bank Co. (1.59%), Regions Financial Co. (2.68%), KeyCorp (1.38%), Huntington Bancshares Incorporated (4.08%), and East West Bancorp, Inc. (1.45%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling SBNY is an investing strategy that aims to generate trading profit from Signature Bank as its price is falling. Signature Bank's stock is trading up $5.96 today. To short Signature Bank 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 Signature Bank 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 Signature Bank 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 SBNY, 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 SBNY, twice per month. The most recent reporting period available is February, 12 2021.