S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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Signature Bank Short Interest Ratio and Short Volume

+5.96 (+2.75 %)
(As of 03/5/2021 12:00 AM ET)
Today's Range
Now: $222.62
50-Day Range
MA: $190.52
52-Week Range
Now: $222.62
Volume957,836 shs
Average Volume878,003 shs
Market Capitalization$11.92 billion
P/E Ratio23.46
Dividend Yield1.01%

Short Interest

Signature Bank (NASDAQ:SBNY) Short Interest Data

Current Short Volume2,010,000 shares
Previous Short Volume1,290,000 shares
Change Vs. Previous Month:+55.81%
Dollar Volume Sold Short$438.86 million
Short Interest Ratio / Days to Cover2.5
Last Record DateFebruary, 12 2021
Outstanding Shares55,100,000 shares
Float Size53,610,000 shares
Short Percent of Float3.75%
Today's Trading Volume957,836 shares
Average Trading Volume878,003 shares
Today's Volume Vs. Average9.09%

Short Interest Over Time

Signature Bank (NASDAQ:SBNY) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20212,010,000 shares $438.86 million +55.8%3.8%2.5 $218.34
1/29/20211,290,000 shares $273.35 million +13.2%2.4%1.6 $211.90
1/15/20211,140,000 shares $187.86 million -15.6%2.1%1.6 $164.79
12/31/20201,360,000 shares $197.58 million -42.6%2.5%1.8 $145.28
12/15/20201,360,000 shares $184.18 million -42.6%2.5%1.8 $135.43
11/30/20202,370,000 shares $310.71 million +6.3%4.4%3.3 $131.10
11/15/20202,230,000 shares $250.18 million +0.9%4.2%3.5 $112.19
10/30/20202,210,000 shares $226.86 million +4.3%4.1%3.9 $102.65
10/15/20202,120,000 shares $168.79 million +26.2%4.0%4.5 $79.62
9/30/20201,680,000 shares $142.13 million -1.2%3.1%4 $84.60
9/15/20201,700,000 shares $142.80 million +14.9%3.1%4.1 $84.00
8/31/20201,480,000 shares $135.60 million +19.4%2.7%3.7 $91.62
8/14/20201,240,000 shares $119.28 million -2.4%2.3%2.9 $96.19
7/31/20201,270,000 shares $134.20 million +2.4%2.3%2.8 $105.67
7/15/20201,240,000 shares $127.14 million +9.7%2.3%2.5 $102.53
6/30/20201,130,000 shares $123.84 million -16.3%2.1%2.2 $109.59
6/15/20201,350,000 shares $142.47 million -0.7%2.5%2.5 $105.53
5/29/20201,360,000 shares $137.75 million No Change2.5%2.2 $101.29
5/15/20201,360,000 shares $139.96 million -3.6%2.5%2.2 $102.91
4/30/20201,410,000 shares $155.09 million +15.6%2.6%2.4 $109.99
4/15/20201,220,000 shares $124.53 million -17.6%2.2%2.2 $102.07
3/31/20201,480,000 shares $139.30 million +5.1%2.7%2.7 $94.12
3/13/20201,408,400 shares $127.08 million +15.4%2.6%2 $90.23
2/28/20201,220,000 shares $89.16 million +1.7%2.2%2.9 $73.08
2/14/20201,200,000 shares $125.14 million -23.1%2.2%3.3 $104.28

Signature Bank (NASDAQ:SBNY) Short Interest FAQ

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What is Signature Bank's current short interest?

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.

What is a good short interest ratio for Signature Bank?

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.

What is a good short interest percentage for Signature Bank?

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.

Is Signature Bank's short interest increasing or decreasing?

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.

What is Signature Bank's float size?

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.

How does Signature Bank's short interest compare to its competitors?

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%).

Which stocks are the most shorted right now?

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.

What does it mean to sell short Signature Bank stock?

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.

How does a short squeeze work against Signature Bank?

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.

How often is Signature Bank'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 SBNY, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 3/7/2021 by MarketBeat.com Staff

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