Bank of China (BACHY) Short Interest Ratio & Short Volume

Short interest is the volume of Bank of China shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 1,800 shares of BACHY short. Learn More on Bank of China's current short interest.

Bank of China saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,800 shares, a decline of 86.9% from the previous total of 13,700 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.

Here is how the short interest of companies in the sector of "finance" compare to Bank of China: Agricultural Bank of China Limited (0.00%), China Construction Bank Co. (0.00%), Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (0.00%), Bank of Communications Co., Ltd. (0.00%), Mitsubishi UFJ Financial Group, Inc. (0.08%), Commonwealth Bank of Australia (0.00%), The Progressive Co. (0.73%), The Goldman Sachs Group, Inc. (1.56%), The Charles Schwab Co. (0.87%), BlackRock, Inc. (1.15%),

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 BACHY is an investing strategy that aims to generate trading profit from Bank of China as its price is falling. BACHY shares are trading down $0.08 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 Bank of China 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 BACHY, 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 BACHY, twice per month. The most recent reporting period available is April, 15 2024.