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Select Bancorp Short Interest Ratio and Short Volume

+0.33 (+2.47 %)
(As of 05/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume125,278 shs
Average Volume45,256 shs
Market Capitalization$235.41 million
P/E Ratio34.16
Dividend YieldN/A

Short Interest

Select Bancorp (NASDAQ:SLCT) Short Interest Data

Current Short Volume194,400 shares
Previous Short Volume188,900 shares
Change Vs. Previous Month+2.91%
Dollar Volume Sold Short$2.16 million
Short Interest Ratio / Days to Cover4.5
Last Record DateApril, 15 2021
Outstanding Shares19,330,000 shares
Float Size14,000,000 shares
Short Percent of Float1.39%
Today's Trading Volume125,278 shares
Average Trading Volume45,256 shares
Today's Volume Vs. Average176.82%

Short Interest Over Time

Select Bancorp (NASDAQ:SLCT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021194,400 shares $2.16 million +2.9%1.4%4.5 $11.10
3/31/2021188,900 shares $2.17 million +8.3%1.3%4.8 $11.51
3/15/2021174,500 shares $2.16 million +7.7%1.2%4.5 $12.37
2/26/2021162,100 shares $1.75 million +17.4%1.1%4.9 $10.80
2/12/2021138,100 shares $1.37 million +17.6%0.9%4.6 $9.95
1/29/2021117,400 shares $1.10 million +1.4%0.8%3.6 $9.38
1/15/2021115,800 shares $1.15 million +5.8%0.8%4.1 $9.96
12/31/2020109,500 shares $1.03 million +11.7%0.7%4.1 $9.41
12/15/202098,000 shares $922,180.00 -3.6%0.7%3.4 $9.41
11/30/2020101,700 shares $947,844.00 +10.3%0.7%3 $9.32
11/15/202092,200 shares $849,162.00 -8.1%0.6%2.8 $9.21
10/30/2020100,300 shares $775,319.00 -8.8%0.7%3.2 $7.73
10/15/2020110,000 shares $831,600.00 -3.3%0.7%3.8 $7.56
9/30/2020113,800 shares $818,222.00 -7.6%0.8%3.9 $7.19
9/15/2020123,200 shares $936,320.00 -6.7%0.8%4 $7.60
8/31/2020132,000 shares $1.01 million -1.8%0.9%4.5 $7.65
8/14/2020134,400 shares $1.07 million -6.8%0.9%4 $7.94
7/31/2020144,200 shares $1.13 million -8.6%0.9%3.8 $7.81
7/15/2020157,800 shares $1.18 million +20.3%1.0%3.5 $7.50
6/30/2020131,200 shares $1.03 million +66.7%0.9%1.9 $7.88
6/15/202078,700 shares $605,203.00 +0.4%0.5%1 $7.69
5/29/202078,400 shares $588,000.00 -5.5%0.5%0.8 $7.50
5/15/202083,000 shares $559,420.00 +23.2%0.5%0.8 $6.74
4/30/202067,400 shares $552,680.00 +17.4%0.4%0.7 $8.20
4/15/202057,400 shares $441,980.00 +21.1%0.4%0.7 $7.70

Select Bancorp (NASDAQ:SLCT) Short Interest FAQ

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What is Select Bancorp's current short interest?

Short interest is the volume of Select Bancorp shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 194,400 shares of SLCT short. 1.39% of Select Bancorp's shares are currently sold short. View details.

What is a good short interest ratio for Select Bancorp?

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. Select Bancorp currently has a short interest ratio of 4.0.

What is a good short interest percentage for Select Bancorp?

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. 1.39% of Select Bancorp's floating shares are currently sold short.

Is Select Bancorp's short interest increasing or decreasing?

Select Bancorp saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 194,400 shares, an increase of 2.9% from the previous total of 188,900 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 Select Bancorp's float size?

Select Bancorp currently has issued a total of 17,227,000 shares. Some of Select 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. Select Bancorp currently has a public float of 14,000,000 shares.

How does Select Bancorp's short interest compare to its competitors?

1.39% of Select Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Select Bancorp: Washington Trust Bancorp, Inc. (2.36%), Byline Bancorp, Inc. (0.96%), Univest Financial Co. (1.27%), HarborOne Bancorp, Inc. (0.00%), Allegiance Bancshares, Inc. (1.47%), Altabancorp (2.32%), Horizon Bancorp, Inc. (1.39%), Central Pacific Financial Corp. (2.48%), Community Trust Bancorp, Inc. (1.08%), and Great Southern Bancorp, Inc. (0.00%).

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. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Select Bancorp stock?

Short selling SLCT is an investing strategy that aims to generate trading profit from Select Bancorp as its price is falling. Select Bancorp's stock is trading up $0.33 today. To short Select Bancorp 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 Select Bancorp 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 Select Bancorp?

A short squeeze for Select Bancorp 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 SLCT, which in turn drives the price of the stock up even further.

How often is Select Bancorp'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 SLCT, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/16/2021 by Staff
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