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First Republic Bank Short Interest Ratio and Short Volume

+1.38 (+1.11 %)
(As of 10/29/2020 12:00 AM ET)
Today's Range
Now: $125.18
50-Day Range
MA: $116.22
52-Week Range
Now: $125.18
Volume722,031 shs
Average Volume1.10 million shs
Market Capitalization$21.54 billion
P/E Ratio22.35
Dividend Yield0.65%

Short Interest

First Republic Bank (NYSE:FRC) Short Interest Data

Current Short Volume:3,730,000 shares
Previous Short Volume:3,520,000 shares
Change Vs. Previous Month:+5.97%
Dollar Volume Sold Short:$469.05 million
Short Interest Ratio / Days to Cover:5.0
Last Record Date:October, 15 2020
Outstanding Shares:167,540,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:722,031 shares
Average Trading Volume:1,101,455 shares
Today's Volume Vs. Average:-34.45%

First Republic Bank (NYSE:FRC) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/15/20203,730,000 $469.05 million 6.0%0.0%5.2$125.75
9/30/20203,520,000 $435.60 million 8.3%0.0%5$123.75
9/15/20203,250,000 $340.96 million 2.5%0.0%4.4$104.91
8/31/20203,170,000 $338.84 million -5.4%0.0%4$106.89
8/14/20203,350,000 $379.79 million -8.5%0.0%3.8$113.37
7/31/20203,660,000 $423.10 million 3.7%0.0%3.8$115.60
7/15/20203,530,000 $397.05 million -9.3%0.0%3.4$112.48
6/30/20203,890,000 $446.65 million -7.6%0.0%3.5$114.82
6/15/20204,210,000 $443.52 million -12.8%0.0%3.3$105.35
5/29/20204,830,000 $509.90 million -6.0%0.0%3.2$105.57
5/15/20205,140,000 $555.99 million -2.1%0.0%3.3$108.17
4/30/20205,250,000 $586.79 million 0.2%0.0%3.6$111.77
4/15/20205,240,000 $538.04 million -14.8%0.0%3.5$102.68
3/31/20206,150,000 $615.31 million -35.3%0.0%3.9$100.05
3/13/20209,505,500 $945.80 million 2.1%0.0%8.3$99.50
2/28/20209,310,000 $703.84 million 3.0%0.0%8.1$75.60
2/14/20209,040,000 $832.86 million -15.2%0.0%9.2$92.13
1/31/202010,660,000 $1.15 billion -10.0%0.0%11$107.82
1/15/202011,840,000 $1.39 billion 0.4%0.0%11.4$117.17
12/31/201911,790,000 $1.34 billion 3.4%7.1%12.1$113.75

First Republic Bank (NYSE:FRC) Short Interest FAQ

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What is First Republic Bank's current short interest?

Short interest is the volume of First Republic Bank shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 3,730,000 shares of FRC short. 0.00% of First Republic Bank's shares are currently sold short. View details.

What is a good short interest ratio for First Republic Bank?

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. First Republic Bank currently has a short interest ratio of 5.0.

Is First Republic Bank's short interest increasing or decreasing?

First Republic Bank saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,730,000 shares, an increase of 6.0% from the previous total of 3,520,000 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 First Republic Bank's short interest compare to its competitors?

0.00% of First Republic Bank's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "regional banks" compare to First Republic Bank: Truist Financial Co. (1.37%), PNC Financial Services Group Inc (1.36%), Fifth Third Bancorp (1.96%), SVB Financial Group (2.27%), M&T Bank Co. (2.33%), Regions Financial Co. (2.19%), KeyCorp (2.08%), Huntington Bancshares Incorporated (2.03%), Commerce Bancshares, Inc. (3.55%), and Zions Bancorporation, National Association (4.05%).

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 ($4.68 billion), Aon Plc ($3.70 billion), Clorox Co ($2.93 billion), ViacomCBS Inc. ($2.88 billion), Analog Devices, Inc. ($2.75 billion), Snap Inc. ($2.72 billion), Kroger Co ($2.21 billion), Uber Technologies, Inc. ($1.94 billion), Moderna, Inc. ($1.93 billion), and Datadog, Inc. ($1.83 billion). View all of the most shorted stocks.

What does it mean to sell short First Republic Bank stock?

Short selling FRC is an investing strategy that aims to generate trading profit from First Republic Bank as its price is falling. First Republic Bank's stock is trading up $1.38 today. To short First Republic Bank 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 First Republic Bank 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 First Republic Bank?

A short squeeze for First Republic Bank 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 FRC, which in turn drives the price of the stock up even further.

How often is First Republic Bank'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 FRC, twice per month. The most recent reporting period available is October, 15 2020.

This page was last updated on 10/30/2020 by MarketBeat.com Staff

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