Generations Bancorp NY (GBNY) Short Interest Ratio & Short Volume

Short interest is the volume of Generations Bancorp NY shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 13,900 shares of GBNY short. 0.77% of Generations Bancorp NY's shares are currently sold short. Learn More on Generations Bancorp NY'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. GBNY shares currently have a short interest ratio of 1.0. Learn More on Generations Bancorp NY's short interest ratio.

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. 0.77% of Generations Bancorp NY's floating shares are currently sold short.

Generations Bancorp NY saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,900 shares, an increase of 27.5% from the previous total of 10,900 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.

Generations Bancorp NY currently has issued a total of 2,280,000 shares. Some of Generations Bancorp NY's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Generations Bancorp NY currently has a public float of 1,800,000 shares.

0.77% of Generations Bancorp NY's shares are currently sold short. Here is how the short interest of companies in the industry of "federal savings institutions" compare to Generations Bancorp NY: HMN Financial, Inc. (0.15%), First Capital, Inc. (0.17%), Provident Financial Holdings, Inc. (0.46%), Riverview Bancorp, Inc. (0.19%), Territorial Bancorp Inc. (0.46%), Magyar Bancorp, Inc. (0.07%), IF Bancorp, Inc. (0.21%), TC Bancshares, Inc. (0.18%), Broadway Financial Co. (0.13%), NSTS Bancorp, Inc. (0.11%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling GBNY is an investing strategy that aims to generate trading profit from Generations Bancorp NY 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 Generations Bancorp NY 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 GBNY, 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 GBNY, twice per month. The most recent reporting period available is September, 30 2024.