TriState Capital (TSC) Short Interest Ratio & Short Volume

Short interest is the volume of TriState Capital shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 855,800 shares of TSC short. 3.04% of TriState Capital's shares are currently sold short. Learn More on TriState Capital's current short interest.

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. TSC shares currently have a short interest ratio of 4.0. Learn More on TriState Capital's short interest ratio.

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. 3.04% of TriState Capital's floating shares are currently sold short.

TriState Capital saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 855,800 shares, an increase of 8.3% from the previous total of 790,200 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.

TriState Capital currently has issued a total of 33,637,000 shares. Some of TriState Capital'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. TriState Capital currently has a public float of 28,190,000 shares.

3.04% of TriState Capital's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to TriState Capital: Peoples Bancorp Inc. (1.93%), German American Bancorp, Inc. (3.92%), QCR Holdings, Inc. (0.55%), Republic Bancorp, Inc. (0.78%), Preferred Bank (7.52%), Byline Bancorp, Inc. (1.62%), Veritex Holdings, Inc. (2.26%), TriCo Bancshares (1.35%), S&T Bancorp, Inc. (2.43%), Southside Bancshares, Inc. (2.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.79 billion), Palo Alto Networks, Inc. ($3.41 billion), Lucid Group, Inc. ($2.55 billion), Uber Technologies, Inc. ($2.21 billion), HP Inc. ($2.14 billion), T. Rowe Price Group, Inc. ($1.81 billion), Coinbase Global, Inc. ($1.60 billion), Take-Two Interactive Software, Inc. ($1.58 billion), Lumen Technologies, Inc. ($1.56 billion), and Rivian Automotive, Inc. ($1.55 billion). View all of the most shorted stocks.

Short selling TSC is an investing strategy that aims to generate trading profit from TriState Capital as its price is falling. 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.

A short squeeze for TriState Capital 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 TSC, 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 TSC, twice per month. The most recent reporting period available is May, 15 2022.