Banco Macro Short Interest Ratio and Short Volume

-0.17 (-1.19 %)
(As of 05/10/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume452,375 shs
Average Volume289,030 shs
Market Capitalization$941.60 million
P/E Ratio1.78
Dividend YieldN/A

Short Interest

Banco Macro (NYSE:BMA) Short Interest Data

Current Short Volume284,000 shares
Previous Short Volume258,700 shares
Change Vs. Previous Month+9.78%
Dollar Volume Sold Short$3.63 million
Short Interest Ratio / Days to Cover1.0
Last Record DateApril, 15 2021
Outstanding Shares65,840,000 shares
Percentage of Shares Shorted0.42%
Today's Trading Volume452,375 shares
Average Trading Volume289,030 shares
Today's Volume Vs. Average56.51%

Short Interest Over Time

Banco Macro (NYSE:BMA) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021284,000 shares $3.63 million +9.8%N/A1$12.77
3/31/2021258,700 shares $3.47 million -34.8%N/A0.9$13.41
3/15/2021396,800 shares $5.72 million +76.8%1.0%1.4$14.42
2/26/2021224,500 shares $3.09 million +3.7%0.5%0.8$13.78
2/12/2021216,600 shares $3.23 million -29.3%0.3%0.7$14.90
1/29/2021306,500 shares $4.21 million +11.3%0.5%1$13.74
1/15/2021275,400 shares $3.99 million +16.2%0.4%0.9$14.49
12/31/2020237,000 shares $3.75 million +16.2%0.4%0.7$15.84
12/15/2020204,000 shares $3.29 million -48.0%0.3%0.6$16.15
11/30/2020392,100 shares $6.65 million +12.0%0.6%1.1$16.96
11/15/2020350,100 shares $5.35 million +18.7%0.6%1$15.28
10/30/2020295,000 shares $3.55 million +7.9%0.5%0.8$12.04
10/15/2020273,400 shares $3.63 million -31.5%0.4%0.7$13.26
9/30/2020399,100 shares $5.71 million -11.8%0.6%0.9$14.30
9/15/2020452,400 shares $7.81 million -6.4%0.7%0.9$17.26
8/31/2020483,300 shares $9.16 million +64.8%0.8%0.9$18.95
8/14/2020293,200 shares $5.93 million -1.5%0.5%0.4$20.24
7/31/2020297,600 shares $6.33 million -29.1%0.5%0.4$21.28
7/15/2020420,000 shares $9.01 million +34.2%0.7%0.6$21.45
6/30/2020313,000 shares $6.18 million +34.7%0.5%0.4$19.75
6/15/2020232,300 shares $4.86 million -73.9%0.4%0.3$20.90
5/29/2020891,500 shares $15.30 million -10.3%1.4%1.3$17.16
5/15/2020993,900 shares $19.02 million +30.6%1.6%1.9$19.14
4/30/2020761,200 shares $12.42 million -5.6%1.2%1.8$16.31
4/15/2020806,600 shares $13.99 million -5.4%1.3%2.1$17.35

Banco Macro (NYSE:BMA) Short Interest FAQ

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What is Banco Macro's current short interest?

Short interest is the volume of Banco Macro shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 284,000 shares of BMA short.

What is a good short interest ratio for Banco Macro?

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 Macro currently has a short interest ratio of 1.0.

Is Banco Macro's short interest increasing or decreasing?

Banco Macro saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 284,000 shares, an increase of 9.8% from the previous total of 258,700 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 Banco Macro's short interest compare to its competitors?

0.00% of Banco Macro's shares are currently sold short. Here is how the short interest of companies in the industry of "commercial banks, not elsewhere classified" compare to Banco Macro: Intercorp Financial Services Inc. (0.20%), The Bank of N.T. Butterfield & Son Limited (0.42%), Itaú Corpbanca (0.00%), Grupo Financiero Galicia S.A. (0.00%), Banco Latinoamericano de Comercio Exterior, S.A (0.00%), Peapack-Gladstone Financial Co. (1.73%), Banco BBVA Argentina S.A. (0.00%), American Business Bank (0.00%), Scully Royalty Ltd. (0.04%), and Esquire Financial Holdings, Inc. (1.47%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Banco Macro stock?

Short selling BMA is an investing strategy that aims to generate trading profit from Banco Macro as its price is falling. Banco Macro's stock is trading down $0.17 today. To short Banco Macro 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 Macro 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 Banco Macro?

A short squeeze for Banco Macro 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 BMA, which in turn drives the price of the stock up even further.

How often is Banco Macro'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 BMA, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/10/2021 by MarketBeat.com Staff
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