Wayne Savings Bancshares (WAYN) Short Interest Ratio & Short Volume

Short interest is the volume of Wayne Savings Bancshares shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 100 shares of WAYN short. Learn More on Wayne Savings Bancshares' current short interest.

Wayne Savings Bancshares saw a decrease in short interest in November. As of November 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the previous total of 200 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.

Here is how the short interest of companies in the industry of "federal savings institutions" compare to Wayne Savings Bancshares: IF Bancorp, Inc. (0.27%), Catalyst Bancorp, Inc. (0.20%), Northeast Indiana Bancorp, Inc. (0.00%), Madison County Financial, Inc. (0.00%), Oconee Federal Financial Corp. (0.51%), TC Bancshares, Inc. (0.06%), Home Federal Bancorp, Inc. of Louisiana (0.12%), Kentucky First Federal Bancorp (0.20%), CFSB Bancorp, Inc. (0.11%), FFW Co. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling WAYN is an investing strategy that aims to generate trading profit from Wayne Savings Bancshares as its price is falling. WAYN shares are trading down $0.10 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 Wayne Savings Bancshares occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of WAYN, 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 WAYN, twice per month. The most recent reporting period available is November, 15 2023.