Associated Banc Short Interest Ratio and Short Volume

Short interest is the volume of Associated Banc shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 2,570,000 shares of ASB short. 1.72% of Associated Banc's shares are currently sold short. View details.

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. Associated Banc currently has a short interest ratio of 2.0.

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. 1.72% of Associated Banc's floating shares are currently sold short.

Associated Banc saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,570,000 shares, an increase of 21.8% from the previous total of 2,110,000 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.

Associated Banc currently has issued a total of 153,065,000 shares. Some of Associated Banc'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. Associated Banc currently has a public float of 149,500,000 shares.

1.72% of Associated Banc's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Associated Banc: Signature Bank (0.00%), East West Bancorp, Inc. (1.30%), Western Alliance Bancorporation (1.75%), Commerce Bancshares, Inc. (0.00%), First Citizens BancShares, Inc. (5.44%), Prosperity Bancshares, Inc. (0.00%), First Financial Bankshares, Inc. (4.17%), Popular, Inc. (1.21%), South State Co. (2.04%), and Glacier Bancorp, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling ASB is an investing strategy that aims to generate trading profit from Associated Banc as its price is falling. Associated Banc's stock is trading up $0.33 today. To short Associated Banc 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 Associated Banc 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 Associated Banc 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 ASB, 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 ASB, twice per month. The most recent reporting period available is March, 15 2021.