Southern Michigan Bancorp (SOMC) Short Interest Ratio & Short Volume

Short interest is the volume of Southern Michigan Bancorp shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 400 shares of SOMC short. Learn More on Southern Michigan 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. SOMC shares currently have a short interest ratio of 1.0. Learn More on Southern Michigan Bancorp's short interest ratio.

Here is how the short interest of companies in the industry of "banking" compare to Southern Michigan Bancorp: Carter Bankshares, Inc. (3.08%), First Business Financial Services, Inc. (0.91%), First Foundation Inc. (3.67%), Red River Bancshares, Inc. (0.58%), Community West Bancshares (0.71%), Midland States Bancorp, Inc. (2.29%), VersaBank (0.47%), Southern First Bancshares, Inc. (0.71%), Southern States Bancshares, Inc. (0.81%), Source Capital, Inc. (0.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling SOMC is an investing strategy that aims to generate trading profit from Southern Michigan 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 Southern Michigan 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 SOMC, 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 SOMC, twice per month. The most recent reporting period available is July, 15 2025.