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 31st, traders have sold 600 shares of SOMC short. 0.01% of Southern Michigan Bancorp's shares are currently sold short. Learn More on Southern Michigan Bancorp's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.01% of Southern Michigan Bancorp's floating shares are currently sold short.

Southern Michigan Bancorp saw a increase in short interest in July. As of July 31st, there was short interest totaling 600 shares, an increase of 50.0% from the previous total of 400 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.

0.01% of Southern Michigan Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Southern Michigan Bancorp: Red River Bancshares, Inc. (0.58%), Carter Bankshares, Inc. (3.18%), First Business Financial Services, Inc. (0.85%), AMTD Digital Inc. Sponsored ADR (0.45%), Civista Bancshares, Inc. (0.47%), Lesaka Technologies, Inc. (0.24%), Community West Bancshares (0.99%), Midland States Bancorp, Inc. (2.12%), Source Capital, Inc. (0.50%), VersaBank (0.47%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($70.87 billion), Invesco QQQ ($30.12 billion), iShares Russell 2000 ETF ($19.85 billion), iShares 20+ Year Treasury Bond ETF ($10.34 billion), Strategy Inc ($8.98 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($7.61 billion), SPDR S&P Biotech ETF ($6.81 billion), Invesco S&P 500 Equal Weight ETF ($6.14 billion), Palo Alto Networks, Inc. ($5.97 billion), and Super Micro Computer, Inc. ($5.28 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, 31 2025.