Banco del Bajío, S.A., Institución de Banca Múltiple Short Interest Ratio and Short Volume

Short interest is the volume of Banco del Bajío, S.A., Institución de Banca Múltiple shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 173,500 shares of BBAJF short. 0.00% of Banco del Bajío, S.A., Institución de Banca Múltiple's shares are currently sold short. View details.

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. Banco del Bajío, S.A., Institución de Banca Múltiple currently has a short interest ratio of 2.0.

Banco del Bajío, S.A., Institución de Banca Múltiple saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 173,500 shares, a drop of 97.2% from the previous total of 6,119,700 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.

0.00% of Banco del Bajío, S.A., Institución de Banca Múltiple's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Banco del Bajío, S.A., Institución de Banca Múltiple: 3i Group plc (0.00%), 3i Group plc (0.00%), Aberdeen Australia Equity Fund, Inc. (0.00%), Aberdeen Global Premier Properties Fund (0.00%), ABN AMRO Bank (0.00%), ABN AMRO Bank (0.00%), Absa Group Limited (0.00%), Advent Convertible and Income Fund (0.00%), AllianzGI Diversified Income & Convertible Fund (0.00%), and AllianzGI Equity & Convertible Income Fund (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling BBAJF is an investing strategy that aims to generate trading profit from Banco del Bajío, S.A., Institución de Banca Múltiple as its price is falling. To short Banco del Bajío, S.A., Institución de Banca Múltiple 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 Banco del Bajío, S.A., Institución de Banca Múltiple 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 Banco del Bajío, S.A., Institución de Banca Múltiple 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 BBAJF, 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 BBAJF, twice per month. The most recent reporting period available is December, 31 2020.