Itaú Unibanco (ITUB) Short Interest Ratio & Short Volume

Short interest is the volume of Itaú Unibanco shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 25,890,000 shares of ITUB short. 0.54% of Itaú Unibanco's shares are currently sold short. Learn More on Itaú Unibanco's current short interest.

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. ITUB shares currently have a short interest ratio of 2.0. Learn More on Itaú Unibanco's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Itaú Unibanco: Optiver Holding B.V., and UBS Group AG. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 0.54% of Itaú Unibanco's floating shares are currently sold short.

Itaú Unibanco saw a increase in short interest in April. As of April 15th, there was short interest totaling 25,890,000 shares, an increase of 24.4% from the previous total of 20,820,000 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.

0.54% of Itaú Unibanco's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Itaú Unibanco: Banco Bradesco S.A. (0.00%), Northeast Bank (0.87%), American Realty Investors, Inc. (1.34%), Bain Capital Specialty Finance, Inc. (0.26%), Banco Macro S.A. (1.19%), Burford Capital Limited (0.81%), Grupo Financiero Galicia S.A. (3.20%), Intercorp Financial Services Inc. (0.25%), Monroe Capital Co. (0.34%), Pioneer Bancorp, Inc. (0.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling ITUB is an investing strategy that aims to generate trading profit from Itaú Unibanco as its price is falling. ITUB shares are trading down $0.10 today. 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 Itaú Unibanco 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 ITUB, 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 ITUB, twice per month. The most recent reporting period available is April, 15 2024.