S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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Bank of America Short Interest Ratio and Short Volume

-0.98 (-2.88 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $33.01
50-Day Range
MA: $30.04
52-Week Range
Now: $33.01
Volume57.68 million shs
Average Volume59.54 million shs
Market Capitalization$285.56 billion
P/E Ratio16.34
Dividend Yield2.18%

Short Interest

Bank of America (NYSE:BAC) Short Interest Data

Current Short Volume:71,620,000 shares
Previous Short Volume:73,650,000 shares
Change Vs. Previous Month:-2.76%
Dollar Volume Sold Short:$2.37 billion
Short Interest Ratio / Days to Cover:1.0
Last Record Date:December, 31 2020
Outstanding Shares:8,650,790,000 shares
Short Percent of Float:0.83%
Today's Trading Volume:57,684,295 shares
Average Trading Volume:59,539,949 shares
Today's Volume Vs. Average:-3.12%

Bank of America (NYSE:BAC) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
12/31/202071,620,000 $2.37 billion -2.8%0.8%1.2$33.07
12/15/202071,620,000 $2.17 billion -2.8%0.8%1.2$30.26
11/30/202073,650,000 $2.11 billion 5.2%0.9%1.2$28.68
11/15/202070,030,000 $1.97 billion -4.2%0.8%1.1$28.16
10/30/202073,100,000 $1.97 billion 9.8%0.9%1.2$27.00
10/15/202066,550,000 $1.59 billion -0.9%0.8%1.1$23.85
9/30/202067,130,000 $1.67 billion -15.8%0.8%1.1$24.95
9/15/202079,680,000 $1.87 billion 3.9%0.0%1.3$23.49
8/31/202076,720,000 $1.93 billion -4.3%0.9%1.2$25.14
8/14/202080,170,000 $2.06 billion -2.2%0.9%1.1$25.71
7/31/202081,980,000 $2.12 billion 23.3%1.0%1.1$25.92
7/15/202066,470,000 $1.65 billion -1.2%0.8%0.9$24.88
6/30/202067,270,000 $1.64 billion -14.5%0.8%0.9$24.35
6/15/202078,640,000 $1.83 billion -16.9%0.0%1$23.33
5/29/202094,610,000 $2.25 billion -13.7%1.1%1$23.81
5/15/2020109,600,000 $2.64 billion -1.3%1.3%1.2$24.12
4/30/2020111,070,000 $2.89 billion 2.2%1.3%1.3$25.98
4/15/2020108,700,000 $2.45 billion 11.1%1.3%1.3$22.58
3/31/202097,860,000 $2.17 billion -0.1%0.0%1.2$22.18
3/13/202097,998,400 $2.44 billion 18.4%1.1%1.7$24.86
2/28/202082,790,000 $1.50 billion 5.0%1.0%1.4$18.08
2/14/202078,820,000 $1.86 billion 13.3%0.9%1.7$23.61
1/31/202069,580,000 $2.13 billion -24.1%0.8%1.6$30.63
1/15/202091,620,000 $3.19 billion -4.4%1.0%2$34.77
12/31/201995,850,000 $3.21 billion 1.8%1.1%2.1$33.54

Bank of America (NYSE:BAC) Short Interest FAQ

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What is Bank of America's current short interest?

Short interest is the volume of Bank of America shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 71,620,000 shares of BAC short. 0.83% of Bank of America's shares are currently sold short. View details.

What is a good short interest ratio for Bank of America?

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. Bank of America currently has a short interest ratio of 1.0.

What is a good short interest percentage for Bank of America?

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. 0.83% of Bank of America's floating shares are currently sold short.

Is Bank of America's short interest increasing or decreasing?

Bank of America saw a drop in short interest in December. As of December 31st, there was short interest totaling 71,620,000 shares, a drop of 2.8% from the previous total of 73,650,000 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.

How does Bank of America's short interest compare to its competitors?

0.83% of Bank of America's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Bank of America: (BRK.B) (0.86%), JPMorgan Chase & Co. (0.72%), Ping An Insurance (Group) Company of China, Ltd. (0.00%), Industrial and Commercial Bank of China Limited (0.00%), China Construction Bank Co. (0.00%), China Merchants Bank Co., Ltd. (0.00%), AIA Group Limited (0.00%), Invesco QQQ Trust (0.00%), Morgan Stanley (2.24%), and Agricultural Bank of China Limited (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: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

What does it mean to sell short Bank of America stock?

Short selling BAC is an investing strategy that aims to generate trading profit from Bank of America as its price is falling. Bank of America's stock is trading down $0.98 today. To short Bank of America 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 Bank of America 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 Bank of America?

A short squeeze for Bank of America 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 BAC, which in turn drives the price of the stock up even further.

How often is Bank of America'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 BAC, twice per month. The most recent reporting period available is December, 31 2020.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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