Pacific Alliance Bank (PFBN) Short Interest Ratio & Short Volume

Short interest is the volume of Pacific Alliance Bank shares that have been sold short but have not yet been covered or closed out. As of February 29th, investors have sold 200 shares of PFBN short. Learn More on Pacific Alliance Bank'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. PFBN shares currently have a short interest ratio of 2.0. Learn More on Pacific Alliance Bank's short interest ratio.

Here is how the short interest of companies in the sector of "finance" compare to Pacific Alliance Bank: Sotherly Hotels Inc. (0.22%), Lichen China Limited (1.01%), Bexil Co. (0.01%), Quaint Oak Bancorp, Inc. (0.00%), Greenidge Generation Holdings Inc. (5.87%), M&F Bancorp, Inc. (0.02%), CIB Marine Bancshares, Inc. (0.01%), Ottawa Bancorp, Inc. (0.00%), CKX Lands, Inc. (0.10%), Commercial National Financial Co. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.39 billion), General Motors ($3.88 billion), Super Micro Computer, Inc. ($3.51 billion), Charter Communications, Inc. ($3.22 billion), Occidental Petroleum Co. ($3.13 billion), Tractor Supply ($2.76 billion), Coinbase Global, Inc. ($2.63 billion), Suncor Energy Inc. ($2.48 billion), Moderna, Inc. ($2.04 billion), and Royal Caribbean Cruises Ltd. ($1.87 billion). View all of the most shorted stocks.

Short selling PFBN is an investing strategy that aims to generate trading profit from Pacific Alliance Bank 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 Pacific Alliance Bank 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 PFBN, 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 PFBN, twice per month. The most recent reporting period available is February, 29 2024.