University Bancorp (UNIB) Short Interest Ratio & Short Volume

Short interest is the volume of University Bancorp shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 200 shares of UNIB short. Learn More on University 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. UNIB shares currently have a short interest ratio of 2.0. Learn More on University Bancorp's short interest ratio.

Here is how the short interest of companies compare to University Bancorp: Prime Meridian Holding (0.00%), Security Federal Co. (0.00%), Peoples Financial Co. (0.00%), United Bancorp, Inc. (0.11%), Southern Michigan Bancorp, Inc. (0.00%), Auburn National Bancorporation, Inc. (0.23%), Pathfinder Bancorp, Inc. (0.13%), First US Bancshares, Inc. (0.12%), F & M Bank Corp. (0.00%), BayFirst Financial Corp. (0.48%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling UNIB is an investing strategy that aims to generate trading profit from University Bancorp as its price is falling. UNIB shares are trading down $0.18 today. 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 University 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 UNIB, 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 UNIB, twice per month. The most recent reporting period available is March, 31 2024.