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Medallion Bank (MBNKP) Short Interest Ratio & Short Volume

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$25.70 -0.66 (-2.50%)
(As of 11/22/2024 ET)

Medallion Bank Short Interest Data

Medallion Bank (MBNKP) has a short interest of 1,700 shares. This marks a -26.09% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 2,038 shares to cover all short positions.

Current Short Interest
1,700 shares
Previous Short Interest
2,300 shares
Change Vs. Previous Month
-26.09%
Dollar Volume Sold Short
$43,970.67
Short Interest Ratio
0.7 Days to Cover
Last Record Date
October 31, 2024
Today's Trading Volume
515 shares
Average Trading Volume
2,038 shares
Today's Volume Vs. Average
25%
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MBNKP Short Interest Over Time

MBNKP Days to Cover Over Time

MBNKP Percentage of Float Shorted Over Time

Medallion Bank Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20241,700 shares $43,970.67 -26.1%N/A0.7 $25.87
10/15/20242,300 shares $58,190.00 +109.1%N/A0.8 $25.30
9/30/20241,100 shares $27,060.00 +175.0%N/A0.4 $24.60
9/15/2024400 shares $10,008.00 -33.3%N/A0.1 $25.02
8/31/2024600 shares $14,913.72 +200.0%N/A0.3 $24.86
8/15/2024200 shares $4,974.00 +100.0%N/A0.1 $24.87
7/31/2024100 shares $2,491.00 -75.0%N/A0.1 $24.91
7/15/2024400 shares $9,908.00 No ChangeN/A0.3 $24.77
3/31/2024300 shares $7,398.00 +200.0%N/A0.1 $24.66
3/15/2024100 shares $2,425.00 No ChangeN/A0.1 $24.25
2/29/2024100 shares $2,504.35 -94.1%N/A0.1 $25.04
2/15/20241,700 shares $42,993.00 +1,600.0%N/A1 $25.29
1/31/2024100 shares $2,415.00 No ChangeN/A0.1 $24.15
9/30/2023100 shares $2,301.00 -85.7%N/A0.1 $23.01
9/15/2023700 shares $16,240.00 +600.0%N/A0.7 $23.20
8/31/2023100 shares $2,385.00 -66.7%N/A0.2 $23.85
8/15/2023300 shares $7,201.47 -57.1%N/A0.4 $24.00
7/31/2023700 shares $16,632.00 -61.1%N/A0.6 $23.76
7/15/20231,800 shares $42,588.00 +350.0%N/A1.4 $23.66
6/30/2023400 shares $9,360.00 -20.0%N/A0.3 $23.40
6/15/2023500 shares $11,345.00 -72.2%N/A0.3 $22.69
5/31/20231,800 shares $40,428.00 +260.0%N/A0.9 $22.46
5/15/2023500 shares $10,625.00 +150.0%N/A0.3 $21.25
4/30/2023200 shares $4,450.00 -71.4%N/A0.1 $22.25
4/15/2023700 shares $16,093.00 -76.7%N/A0.4 $22.99
3/31/20233,000 shares $69,030.00 +66.7%N/A1.5 $23.01
3/15/20231,800 shares $41,328.00 +350.0%N/A0.8 $22.96
2/28/2023400 shares $10,092.00 No ChangeN/A0.2 $25.23
2/15/2023400 shares $10,128.00 -50.0%N/A0.2 $25.32
1/31/2023800 shares $20,376.00 +14.3%N/A0.4 $25.47
1/15/2023700 shares $17,269.00 +16.7%N/A0.4 $24.67
12/30/2022600 shares $14,706.00 +100.0%N/A0.4 $24.51

MBNKP Short Interest - Frequently Asked Questions

What is Medallion Bank's current short interest?

Short interest is the volume of Medallion Bank shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 1,700 shares of MBNKP short. Learn More on Medallion Bank's current short interest.

What is a good short interest ratio for Medallion Bank?

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. MBNKP shares currently have a short interest ratio of 1.0. Learn More on Medallion Bank's short interest ratio.

Is Medallion Bank's short interest increasing or decreasing?

Medallion Bank saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 1,700 shares, a drop of 26.1% from the previous total of 2,300 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.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Medallion Bank stock?

Short selling MBNKP is an investing strategy that aims to generate trading profit from Medallion Bank as its price is falling. MBNKP shares are trading down $0.66 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.

How does a short squeeze work against Medallion Bank?

A short squeeze for Medallion Bank 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 MBNKP, which in turn drives the price of the stock up even further.

How often is Medallion Bank's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MBNKP, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:MBNKP) was last updated on 11/24/2024 by MarketBeat.com Staff
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