Log in

SmartFinancial Short Interest Ratio and Short Volume

-0.12 (-0.65 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $18.25
50-Day Range
MA: $15.45
52-Week Range
Now: $18.25
Volume32,716 shs
Average Volume31,067 shs
Market Capitalization$278.04 million
P/E Ratio12.17
Dividend Yield1.09%

Short Interest

SmartFinancial (NASDAQ:SMBK) Short Interest Data

Current Short Volume:91,300 shares
Previous Short Volume:100,100 shares
Change Vs. Previous Month:-8.79%
Dollar Volume Sold Short:$1.49 million
Short Interest Ratio / Days to Cover:4.0
Last Record Date:October, 30 2020
Outstanding Shares:13,950,000 shares
Float Size:13,630,000 shares
Short Percent of Float:0.67%
Today's Trading Volume:32,716 shares
Average Trading Volume:31,067 shares
Today's Volume Vs. Average:5.31%

SmartFinancial (NASDAQ:SMBK) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/202091,300 $1.49 million -8.8%0.7%3.7$16.34
10/15/2020100,100 $1.45 million 5.4%0.7%4.5$14.50
9/30/202095,000 $1.38 million 8.0%0.7%4.3$14.56
9/15/202088,000 $1.16 million -15.9%0.7%3.5$13.16
8/31/2020104,600 $1.41 million -5.7%0.8%4.2$13.47
8/14/2020110,900 $1.54 million -14.6%0.8%4.1$13.85
7/31/2020129,900 $1.98 million -7.9%1.0%4.7$15.26
7/15/2020141,100 $2.01 million -7.9%1.0%5$14.26
6/30/2020153,200 $2.17 million 66.9%1.1%5.2$14.15
6/15/202091,800 $1.41 million -8.7%0.7%2.9$15.40
5/29/2020100,500 $1.50 million 12.2%0.7%2.6$14.93
5/15/202089,600 $1.38 million 12.0%0.7%2.2$15.40
4/30/202080,000 $1.37 million -9.7%0.6%2.1$17.18
4/15/202088,600 $1.24 million 6.5%0.6%2.2$13.96
3/31/202083,200 $1.11 million 17.0%0.6%2$13.29
3/13/202071,100 $976,914.00 86.1%0.6%1.8$13.74
2/28/202038,200 $458,018.00 -16.0%0.3%1$11.99
2/14/202045,500 $785,785.00 -38.1%0.4%1.2$17.27
1/31/202073,500 $1.46 million 52.5%0.6%1.8$19.84
1/15/202048,200 $1.04 million 7.1%0.4%1.1$21.60
12/31/201945,000 $1.05 million -12.6%0.4%1.1$23.23

SmartFinancial (NASDAQ:SMBK) Short Interest FAQ

speech bubbles
speech bubbles

What is SmartFinancial's current short interest?

Short interest is the volume of SmartFinancial shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 91,300 shares of SMBK short. 0.67% of SmartFinancial's shares are currently sold short. View details.

What is a good short interest ratio for SmartFinancial?

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. SmartFinancial currently has a short interest ratio of 4.0.

What is a good short interest percentage for SmartFinancial?

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. 0.67% of SmartFinancial's floating shares are currently sold short.

Is SmartFinancial's short interest increasing or decreasing?

SmartFinancial saw a decrease in short interest in the month of October. As of October 30th, there was short interest totaling 91,300 shares, a decrease of 8.8% from the previous total of 100,100 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 SmartFinancial's float size?

SmartFinancial currently has issued a total of 15,235,000 shares. Some of SmartFinancial'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. SmartFinancial currently has a public float of 13,630,000 shares.

How does SmartFinancial's short interest compare to its competitors?

0.67% of SmartFinancial's shares are currently sold short. Here is how the short interest of companies in the industry of "national commercial banks" compare to SmartFinancial: City Holding (2.93%), National Bank Holdings Co. (1.89%), First Commonwealth Financial Co. (1.62%), Meridian Bancorp, Inc. (0.83%), The Bancorp, Inc. (1.47%), Banc of California, Inc. (1.96%), Nicolet Bankshares, Inc. (2.93%), Amerant Bancorp Inc. (1.04%), The First Bancshares, Inc. (0.00%), and CBTX, Inc. (0.88%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short SmartFinancial stock?

Short selling SMBK is an investing strategy that aims to generate trading profit from SmartFinancial as its price is falling. SmartFinancial's stock is trading down $0.12 today. To short SmartFinancial 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 SmartFinancial 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 SmartFinancial?

A short squeeze for SmartFinancial 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 SMBK, which in turn drives the price of the stock up even further.

How often is SmartFinancial'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 SMBK, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/27/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.