Banco Bradesco Short Interest Ratio and Short Volume

Short interest is the volume of Banco Bradesco shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 149,400 shares of BBDO short.

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. Banco Bradesco currently has a short interest ratio of 4.0.

Banco Bradesco saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 149,400 shares, a decline of 13.6% from the previous total of 172,900 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.

0.00% of Banco Bradesco's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Banco Bradesco: Sberbank of Russia (0.00%), The Bank of Nova Scotia (0.55%), Itaú Unibanco Holding S.A. (0.34%), The Bank of New York Mellon Co. (0.92%), Banco Bradesco S.A. (0.00%), State Street Co. (1.68%), Fifth Third Bancorp (1.80%), SVB Financial Group (0.00%), Deutsche Bank Aktiengesellschaft (1.18%), and Northern Trust Co. (1.25%).

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 BBDO is an investing strategy that aims to generate trading profit from Banco Bradesco as its price is falling. Banco Bradesco's stock is trading down $0.15 today. To short Banco Bradesco 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 Banco Bradesco 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 Banco Bradesco 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 BBDO, 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 BBDO, twice per month. The most recent reporting period available is March, 15 2021.