Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BSMX) Short Interest Ratio & Short Volume

Short interest is the volume of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 7,600 shares of BSMX short. Learn More on Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's current short interest.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México saw a decline in short interest in April. As of April 15th, there was short interest totaling 7,600 shares, a decline of 83.3% from the previous total of 45,400 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.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México currently has issued a total of 0 shares. Some of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México'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. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México currently has a public float of 664,480,000 shares.

Here is how the short interest of companies in the industry of "commercial banks, not elsewhere classified" compare to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México: HDFC Bank Limited (0.68%), Royal Bank of Canada (1.35%), Mitsubishi UFJ Financial Group, Inc. (0.15%), ICICI Bank Limited (0.71%), The Toronto-Dominion Bank (3.12%), Banco Santander, S.A. (0.04%), Sumitomo Mitsui Financial Group, Inc. (0.05%), Banco Bilbao Vizcaya Argentaria, S.A. (0.02%), ING Groep (0.13%), Bank of Montreal (1.87%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.69 billion), Occidental Petroleum Co. ($3.22 billion), Coinbase Global, Inc. ($2.54 billion), T. Rowe Price Group, Inc. ($2.33 billion), Paramount Global ($2.10 billion), Verisk Analytics, Inc. ($2.03 billion), Etsy, Inc. ($1.67 billion), Old Dominion Freight Line, Inc. ($1.62 billion), CarMax, Inc. ($1.60 billion), and Extra Space Storage Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling BSMX is an investing strategy that aims to generate trading profit from Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México 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 Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México 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 BSMX, 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 BSMX, twice per month. The most recent reporting period available is April, 15 2023.