Bay Banks of Virginia (BAYK) Short Interest Ratio & Short Volume

Short interest is the volume of Bay Banks of Virginia shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 500 shares of BAYK short. Learn More on Bay Banks of Virginia's current short interest.

Bay Banks of Virginia saw a drop in short interest in January. As of January 15th, there was short interest totaling 500 shares, a drop of 66.7% from the previous total of 1,500 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 Bay Banks of Virginia: MainStreet Bancshares, Inc. (2.14%), Richmond Mutual Bancorporation, Inc. (1.72%), Franklin Financial Services Co. (0.19%), First Community Co. (2.43%), Hanover Bancorp, Inc. (0.12%), Union Bankshares, Inc. (0.46%), CB Financial Services, Inc. (0.16%), Isabella Bank Co. (0.02%), FinWise Bancorp (0.11%), Penns Woods Bancorp, Inc. (2.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($6.62 billion), Analog Devices, Inc. ($4.85 billion), Aon plc ($4.66 billion), DuPont de Nemours, Inc. ($3.84 billion), International Flavors & Fragrances Inc. ($3.60 billion), Moderna, Inc. ($3.22 billion), Snap Inc. ($3.21 billion), Snowflake Inc. ($2.82 billion), The Kroger Co. ($2.52 billion), and Peloton Interactive, Inc. ($2.51 billion). View all of the most shorted stocks.

Short selling BAYK is an investing strategy that aims to generate trading profit from Bay Banks of Virginia 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 Bay Banks of Virginia 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 BAYK, 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 BAYK, twice per month. The most recent reporting period available is January, 15 2021.