Ballston Spa Bancorp (BSPA) Short Interest Ratio & Short Volume

Short interest is the volume of Ballston Spa Bancorp shares that have been sold short but have not yet been closed out or covered. As of August 13th, investors have sold 100 shares of BSPA short. Learn More on Ballston Spa Bancorp'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. BSPA shares currently have a short interest ratio of 1.0. Learn More on Ballston Spa Bancorp's short interest ratio.

Here is how the short interest of companies in the industry of "national commercial banks" compare to Ballston Spa Bancorp: Landmark Bancorp, Inc. (1.70%), National Bankshares, Inc. (1.24%), United Security Bancshares (0.40%), Ames National Co. (0.66%), Meridian Co. (0.39%), Lyons Bancorp Inc. (0.00%), CF Bankshares Inc. (0.25%), CBB Bancorp, Inc. (0.00%), BNCCORP, Inc. (0.00%), Community Bancorp (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.67 billion), S&P Global Inc. ($7.87 billion), Advanced Micro Devices, Inc. ($7.80 billion), Analog Devices, Inc. ($7.03 billion), Sea Limited ($6.40 billion), Charter Communications, Inc. ($5.60 billion), Wayfair Inc. ($5.18 billion), Aon plc ($3.93 billion), CrowdStrike Holdings, Inc. ($2.52 billion), and Teladoc Health, Inc. ($2.49 billion). View all of the most shorted stocks.

Short selling BSPA is an investing strategy that aims to generate trading profit from Ballston Spa Bancorp 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 Ballston Spa Bancorp 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 BSPA, 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 BSPA, twice per month. The most recent reporting period available is August, 13 2021.