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Magyar Bancorp (MGYR) Short Interest Ratio & Short Volume

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$14.65 +0.14 (+0.96%)
(As of 12/20/2024 05:16 PM ET)

Magyar Bancorp Short Interest Data

Magyar Bancorp (MGYR) has a short interest of 4,600 shares, representing 0.09% of the float (the number of shares available for trading by the public). This marks a -14.81% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.0, indicating that it would take 1.0 days of the average trading volume of 4,894 shares to cover all short positions.

Current Short Interest
4,600 shares
Previous Short Interest
5,400 shares
Change Vs. Previous Month
-14.81%
Dollar Volume Sold Short
$65,228.00
Short Interest Ratio
1.0 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
6,490,000 shares
Float Size
5,320,000 shares
Short Percent of Float
0.09%
Today's Trading Volume
4,448 shares
Average Trading Volume
4,894 shares
Today's Volume Vs. Average
91%
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MGYR Short Interest Over Time

MGYR Days to Cover Over Time

MGYR Percentage of Float Shorted Over Time

Magyar Bancorp Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20244,600 shares $65,228.00 -14.8%0.1%1 $14.18
11/15/20245,400 shares $69,498.00 +54.3%0.1%1.5 $12.87
10/31/20243,500 shares $43,120.00 -5.4%0.1%1.2 $12.32
10/15/20243,700 shares $45,510.00 -40.3%0.1%0.7 $12.30
9/30/20246,200 shares $76,384.00 +51.2%0.1%1.1 $12.32
9/15/20244,100 shares $50,122.50 +64.0%0.1%0.7 $12.23
8/31/20242,500 shares $31,000.00 -10.7%0.1%0.5 $12.40
8/15/20242,800 shares $34,356.00 -40.4%0.1%0.5 $12.27
7/31/20244,700 shares $59,408.00 +11.9%0.1%0.9 $12.64
7/15/20244,200 shares $47,796.00 +90.9%0.1%1.4 $11.38
6/30/20242,200 shares $24,728.00 -33.3%0.0%0.8 $11.24
6/15/20243,300 shares $36,203.97 +37.5%0.1%0.9 $10.97
5/31/20242,400 shares $26,160.00 -4.0%0.0%0.5 $10.90
5/15/20242,500 shares $27,750.00 -19.4%0.1%0.5 $11.10
4/30/20243,100 shares $35,309.00 -3.1%0.1%0.6 $11.39
4/15/20243,200 shares $34,880.00 -5.9%0.1%0.7 $10.90
3/31/20243,400 shares $37,808.00 -22.7%0.1%0.7 $11.12
3/15/20244,400 shares $48,400.00 +22.2%0.1%0.9 $11.00
2/29/20243,600 shares $39,996.00 -5.3%0.1%0.8 $11.11
2/15/20243,800 shares $43,092.00 -24.0%0.1%0.8 $11.34
1/31/20245,000 shares $57,650.00 -38.3%0.1%1.1 $11.53
1/15/20248,100 shares $92,664.00 +11.0%0.2%1.6 $11.44
12/31/20237,300 shares $81,942.50 +37.7%0.1%1.5 $11.23
12/15/20235,300 shares $59,784.00 -5.4%0.1%1.2 $11.28
11/30/20235,600 shares $54,600.00 -30.0%0.1%1.5 $9.75
11/15/20238,000 shares $76,440.00 +105.1%0.2%2.4 $9.56
10/31/20233,900 shares $35,373.00 -25.0%0.1%1.1 $9.07
10/15/20235,200 shares $48,802.00 +18.2%0.1%1.4 $9.39
9/30/20234,400 shares $45,100.00 -8.3%0.1%1 $10.25
9/15/20234,800 shares $48,720.00 +14.3%0.1%1.2 $10.15
8/31/20234,200 shares $45,948.00 +23.5%0.1%1 $10.94
8/15/20233,400 shares $37,706.00 -5.6%0.1%0.8 $11.09
7/31/20233,600 shares $40,572.00 +20.0%0.1%0.9 $11.27
7/15/20233,000 shares $32,850.00 -11.8%0.1%0.7 $10.95
6/30/20233,400 shares $35,224.00 -19.1%0.1%0.8 $10.36
6/15/20234,200 shares $43,806.00 +7.7%0.1%1 $10.43
5/31/20233,900 shares $39,468.00 -2.5%0.1%0.8 $10.12
5/15/20234,000 shares $39,640.00 +11.1%0.1%0.8 $9.91
4/30/20233,600 shares $37,528.92 -5.3%0.1%0.8 $10.42
4/15/20233,800 shares $39,634.00 No Change0.1%1 $10.43
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3/31/20233,800 shares $40,280.00 -32.1%0.1%1.1 $10.60
3/15/20235,600 shares $61,600.00 -34.1%0.1%1.6 $11.00
2/28/20238,500 shares $107,525.00 -16.7%0.2%3.4 $12.65
2/15/202310,200 shares $131,886.00 -23.9%0.2%4.1 $12.93
1/31/202313,400 shares $172,458.00 +27.6%0.2%3.9 $12.87
1/15/202310,500 shares $135,030.00 -10.3%0.2%2.8 $12.86
12/30/202211,700 shares $149,994.00 -4.9%0.2%3.2 $12.82
12/15/202212,300 shares $157,440.00 -9.6%0.2%3.3 $12.80
11/30/202213,600 shares $174,760.00 -9.9%0.2%2 $12.85
11/15/202215,100 shares $193,884.00 -31.1%0.3%2.1 $12.84
10/31/202221,900 shares $272,874.00 +5.8%0.4%2.9 $12.46
10/15/202220,700 shares $257,922.00 -13.0%0.4%2.9 $12.46
9/30/202223,800 shares $295,834.00 +277.8%0.4%3.3 $12.43
9/15/20226,300 shares $81,522.00 +250.0%0.1%0.9 $12.94
8/31/20221,800 shares $21,978.00 +38.5%0.0%0.4 $12.21
8/15/20221,300 shares $15,821.00 -68.3%0.0%0.3 $12.17
7/31/20224,100 shares $48,913.00 +7.9%0.1%1 $11.93
7/15/20223,800 shares $45,030.00 +26.7%0.1%1 $11.85
6/30/20223,000 shares $35,550.00 -9.1%0.1%0.7 $11.85
6/15/20223,300 shares $38,841.00 -47.6%0.1%0.6 $11.77
5/31/20226,300 shares $75,159.00 +110.0%0.1%1.1 $11.93
5/15/20223,000 shares $34,860.00 -6.3%0.1%0.5 $11.62
4/30/20223,200 shares $38,336.00 -28.9%0.1%0.6 $11.98
4/15/20224,500 shares $53,820.00 -45.8%0.1%0.9 $11.96
3/31/20228,300 shares $97,940.00 +59.6%0.1%2.1 $11.80
3/15/20225,200 shares $62,036.00 -17.5%0.1%2 $11.93
2/28/20226,300 shares $76,230.00 -1.6%0.1%2.2 $12.10
2/15/20226,400 shares $76,416.00 +1.6%0.1%2.1 $11.94
1/31/20226,300 shares $75,537.00 -8.7%0.1%1.6 $11.99
1/15/20226,900 shares $85,974.00 -19.8%0.1%1.6 $12.46
12/31/20218,600 shares $105,608.00 -5.5%0.3%2 $12.28
12/15/20219,100 shares $111,748.00 -20.9%0.3%1.1 $12.28
11/30/202111,500 shares $138,000.00 +23.7%0.4%1.1 $12.00
11/15/20219,300 shares $108,765.36 +6.9%0.3%0.7 $11.70
10/29/20218,700 shares $98,397.00 -22.3%0.3%0.6 $11.31
10/15/202111,200 shares $129,248.00 +148.9%0.4%0.5 $11.54
9/30/20214,500 shares $51,525.00 -50.6%0.2%0.1 $11.45
9/15/20219,100 shares $98,384.65 +44.4%0.3%0.3 $10.81
8/31/20216,300 shares $66,528.00 -19.2%0.2%0.2 $10.56
8/13/20217,800 shares $79,794.00 -3.7%0.3%0.4 $10.23
7/30/20218,100 shares $84,321.00 +11.0%0.3%0.4 $10.41
7/15/20217,300 shares $79,862.00 +52.1%0.3%0.7 $10.94
6/30/20214,800 shares $66,240.00 +9.1%0.2%2.7 $13.80
6/15/20214,400 shares $58,784.00 -31.3%0.2%2.8 $13.36
5/28/20216,400 shares $88,832.00 +392.3%0.3%3.8 $13.88
5/14/20211,300 shares $17,290.00 +116.7%0.1%0.6 $13.30
4/30/2021600 shares $8,010.00 -25.0%0.0%0.3 $13.35
4/15/2021800 shares $10,892.00 -69.2%0.0%0.4 $13.62
3/31/20212,600 shares $37,024.00 +333.3%0.1%1.4 $14.24
3/15/2021600 shares $7,860.00 No Change0.0%0.3 $13.10
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

2/26/2021600 shares $6,600.00 No Change0.0%0.3 $11.00
2/12/2021600 shares $6,306.00 -14.3%0.0%0.4 $10.51
1/29/2021700 shares $7,490.00 -50.0%0.0%0.4 $10.70
1/15/20211,400 shares $13,538.00 No Change0.1%0.7 $9.67
1/15/2020500 shares $6,130.00 +25.0%0.0%1.3 $12.26
12/31/2019500 shares $6,150.00 +25.0%0.0%1.3 $12.30

MGYR Short Interest - Frequently Asked Questions

What is Magyar Bancorp's current short interest?

Short interest is the volume of Magyar Bancorp shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 4,600 shares of MGYR short. 0.09% of Magyar Bancorp's shares are currently sold short. Learn More on Magyar Bancorp's current short interest.

What is a good short interest ratio for Magyar Bancorp?

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. MGYR shares currently have a short interest ratio of 1.0. Learn More on Magyar Bancorp's short interest ratio.

What is a good short interest percentage for Magyar Bancorp?

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. 0.09% of Magyar Bancorp's floating shares are currently sold short.

Is Magyar Bancorp's short interest increasing or decreasing?

Magyar Bancorp saw a drop in short interest in November. As of November 30th, there was short interest totaling 4,600 shares, a drop of 14.8% from the previous total of 5,400 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.

What is Magyar Bancorp's float size?

Magyar Bancorp currently has issued a total of 6,490,000 shares. Some of Magyar Bancorp'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. Magyar Bancorp currently has a public float of 5,320,000 shares.

How does Magyar Bancorp's short interest compare to its competitors?

0.09% of Magyar Bancorp's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Magyar Bancorp: Civista Bancshares, Inc. (1.09%), NewtekOne, Inc. (3.70%), Jiayin Group Inc. (0.05%), First Internet Bancorp (1.23%), FS Bancorp, Inc. (0.51%), Southern States Bancshares, Inc. (0.46%), Southern First Bancshares, Inc. (0.96%), Orange County Bancorp, Inc. (0.94%), Citizens Financial Services, Inc. (0.76%), ChoiceOne Financial Services, Inc. (3.23%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Magyar Bancorp stock?

Short selling MGYR is an investing strategy that aims to generate trading profit from Magyar Bancorp as its price is falling. MGYR shares are trading up $0.14 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 Magyar Bancorp?

A short squeeze for Magyar 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 MGYR, which in turn drives the price of the stock up even further.

How often is Magyar Bancorp'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 MGYR, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:MGYR) was last updated on 12/21/2024 by MarketBeat.com Staff
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