S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

South Plains Financial (SPFI) Short Interest Ratio & Short Volume

$26.00
+0.57 (+2.24%)
(As of 04/19/2024 ET)

South Plains Financial Short Interest Data

Current Short Volume
52,100 shares
Previous Short Volume
66,600 shares
Change Vs. Previous Month
-21.77%
Dollar Volume Sold Short
$1.39 million
Short Interest Ratio / Days to Cover
2.0
Last Record Date
March 31, 2024
Outstanding Shares
16,430,000 shares
Float Size
11,840,000 shares
Short Percent of Float
0.44%
Today's Trading Volume
24,533 shares
Average Trading Volume
25,204 shares
Today's Volume Vs. Average
97%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling South Plains Financial ?

Sign up to receive the latest short interest report for South Plains Financial and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

SPFI Short Interest Over Time

SPFI Days to Cover Over Time

SPFI Percentage of Float Shorted Over Time

South Plains Financial Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202452,100 shares $1.39 million -21.8%0.4%2 $26.76
3/15/202466,600 shares $1.72 million +9.9%0.6%2.6 $25.81
2/29/202460,600 shares $1.62 million +17.4%0.5%2.3 $26.68
2/15/202451,600 shares $1.40 million -12.1%0.4%2 $27.10
1/31/202458,700 shares $1.59 million -16.0%0.5%2.4 $27.08
1/15/202469,900 shares $1.95 million +15.4%0.6%2.6 $27.91
12/31/202360,600 shares $1.75 million -3.2%0.5%2.2 $28.96
12/15/202362,600 shares $1.82 million -8.4%0.5%2.2 $29.00
11/30/202368,300 shares $1.78 million -17.3%0.6%2.4 $26.00
11/15/202382,600 shares $2.23 million -27.8%0.7%2.7 $27.04
10/31/2023114,400 shares $3.07 million +39.7%1.0%3.4 $26.82
10/15/202381,900 shares $2.18 million -5.4%0.7%2.4 $26.63
9/30/202386,600 shares $2.29 million -4.4%0.7%2.7 $26.44
9/15/202390,600 shares $2.42 million -2.0%0.8%2.8 $26.76
8/31/202392,400 shares $2.42 million +10.4%0.8%2.5 $26.23
8/15/202383,700 shares $2.26 million -46.2%0.7%2.3 $27.02
7/31/2023155,700 shares $4.18 million +35.9%1.3%4.3 $26.85
7/15/2023114,600 shares $2.70 million +4.3%1.0%3.2 $23.58
6/30/2023109,900 shares $2.47 million +48.3%0.9%3 $22.51
6/15/202374,100 shares $1.77 million +18.4%0.6%2 $23.90
5/31/202362,600 shares $1.39 million -4.0%0.5%1.8 $22.16
5/15/202365,200 shares $1.32 million -36.3%0.5%1.9 $20.28
4/30/2023102,400 shares $2.10 million +108.6%0.8%3.2 $20.53
4/15/202349,100 shares $1.04 million -12.2%0.4%1.5 $21.09
3/31/202355,900 shares $1.20 million +0.4%0.5%1.7 $21.41
3/15/202355,700 shares $1.27 million +11.4%0.5%1.6 $22.75
2/28/202350,000 shares $1.31 million -0.4%0.5%1.5 $26.29
2/15/202350,200 shares $1.38 million -49.2%0.5%1.4 $27.51
1/31/202398,900 shares $2.78 million -27.9%1.0%2.6 $28.10
1/15/2023137,200 shares $3.96 million -15.2%1.4%3.2 $28.83
12/30/2022161,700 shares $4.45 million +4.8%1.7%3.8 $27.53
12/15/2022154,300 shares $4.29 million +21.9%1.6%3.5 $27.81
11/30/2022126,600 shares $3.92 million +25.7%1.3%2.9 $30.96
11/15/2022100,700 shares $3.10 million -22.5%1.0%2.3 $30.79
10/31/2022130,000 shares $4.07 million +6.2%1.3%2.4 $31.27
10/15/2022122,400 shares $3.63 million +21.9%1.2%2.5 $29.66
9/30/2022100,400 shares $2.77 million -8.8%1.0%2.2 $27.56
9/15/2022110,100 shares $3.06 million +22.1%1.1%2.6 $27.76
8/31/202290,200 shares $2.45 million -3.1%0.9%2.2 $27.13
8/15/202293,100 shares $2.45 million -24.0%0.9%2.6 $26.35
Secret Bull Market Starts in This Unusual Sector (Ad)

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

Click for my No. 1 investment, all free of charge, click here. 

SPFI Short Interest - Frequently Asked Questions

What is South Plains Financial's current short interest?

Short interest is the volume of South Plains Financial shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 52,100 shares of SPFI short. 0.44% of South Plains Financial's shares are currently sold short. Learn More on South Plains Financial's current short interest.

What is a good short interest ratio for South Plains Financial?

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. SPFI shares currently have a short interest ratio of 2.0. Learn More on South Plains Financial's short interest ratio.

Which institutional investors are shorting South Plains Financial?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of South Plains Financial: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for South Plains Financial?

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. 0.44% of South Plains Financial's floating shares are currently sold short.

Is South Plains Financial's short interest increasing or decreasing?

South Plains Financial saw a drop in short interest in March. As of March 31st, there was short interest totaling 52,100 shares, a drop of 21.8% from the previous total of 66,600 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 South Plains Financial's float size?

South Plains Financial currently has issued a total of 16,430,000 shares. Some of South Plains Financial'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. South Plains Financial currently has a public float of 11,840,000 shares.

How does South Plains Financial's short interest compare to its competitors?

0.44% of South Plains Financial's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to South Plains Financial: HarborOne Bancorp, Inc. (1.01%), Washington Trust Bancorp, Inc. (3.44%), First Financial Co. (0.55%), Capital City Bank Group, Inc. (0.33%), CNB Financial Co. (0.32%), Farmers National Banc Corp. (1.49%), Five Star Bancorp (0.71%), Summit Financial Group, Inc. (0.51%), First Foundation Inc. (6.78%), Luther Burbank Co. (0.52%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short South Plains Financial stock?

Short selling SPFI is an investing strategy that aims to generate trading profit from South Plains Financial as its price is falling. SPFI shares are trading up $0.57 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.

How does a short squeeze work against South Plains Financial?

A short squeeze for South Plains Financial 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 SPFI, which in turn drives the price of the stock up even further.

How often is South Plains Financial'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 SPFI, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:SPFI) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners