Bancorp of New Jersey (BKJ) Short Interest Ratio & Short Volume

Short interest is the volume of Bancorp of New Jersey shares that have been sold short but have not yet been covered or closed out. As of December 13th, investors have sold 4,600 shares of BKJ short. 0.08% of Bancorp of New Jersey's shares are currently sold short. Learn More on Bancorp of New Jersey's current short interest.

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. 0.08% of Bancorp of New Jersey's floating shares are currently sold short.

Bancorp of New Jersey saw a drop in short interest in the month of December. As of December 13th, there was short interest totaling 4,600 shares, a drop of 20.7% from the previous total of 5,800 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.

Bancorp of New Jersey currently has issued a total of 7,320,000 shares. Some of Bancorp of New Jersey'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. Bancorp of New Jersey currently has a public float of 5,450,000 shares.

0.08% of Bancorp of New Jersey's shares are currently sold short. Here is how the short interest of companies in the industry of "restaurants, hotels, motels" compare to Bancorp of New Jersey: Potbelly Co. (4.40%), Civeo Co. (2.04%), El Pollo Loco Holdings, Inc. (5.03%), GreenTree Hospitality Group Ltd. (0.09%), GEN Restaurant Group, Inc. (9.39%), Murano Global Investments Plc (0.21%), The ONE Group Hospitality, Inc. (7.27%), Full House Resorts, Inc. (3.32%), TH International Limited (0.12%), Meritage Hospitality Group Inc. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: The Medicines Company ($2.12 billion), Genesee & Wyoming Inc ($433.11 million), Clovis Oncology ($306.74 million), Neogen Co. ($179.22 million), Jagged Peak Energy Inc ($168.19 million), Perdoceo Education Co. ($96.30 million), Arbor Realty Trust, Inc. ($89.67 million), Carbonite Inc ($65.84 million), Overstock.com, Inc. ($58.63 million), and Abeona Therapeutics Inc ($14.62 million). View all of the most shorted stocks.

Short selling BKJ is an investing strategy that aims to generate trading profit from Bancorp of New Jersey as its price is falling. BKJ shares are trading down $1.42 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 Bancorp of New Jersey 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 BKJ, 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 BKJ, twice per month. The most recent reporting period available is December, 13 2019.