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Southern States Bancshares (SSBK) Short Interest Ratio & Short Volume

Southern States Bancshares logo
$34.41 +1.19 (+3.58%)
(As of 12/20/2024 05:16 PM ET)

Southern States Bancshares Short Interest Data

Southern States Bancshares (SSBK) has a short interest of 33,400 shares, representing 0.46% of the float (the number of shares available for trading by the public). This marks a -11.64% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.7, indicating that it would take 1.7 days of the average trading volume of 17,895 shares to cover all short positions.

Current Short Interest
33,400 shares
Previous Short Interest
37,800 shares
Change Vs. Previous Month
-11.64%
Dollar Volume Sold Short
$1.24 million
Short Interest Ratio
1.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
9,885,000 shares
Float Size
7,270,000 shares
Short Percent of Float
0.46%
Today's Trading Volume
98,072 shares
Average Trading Volume
17,895 shares
Today's Volume Vs. Average
548%
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SSBK Short Interest Over Time

SSBK Days to Cover Over Time

SSBK Percentage of Float Shorted Over Time

Southern States Bancshares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/202433,400 shares $1.24 million -11.6%0.5%1.7 $37.22
11/15/202437,800 shares $1.38 million -16.2%0.5%2 $36.63
10/31/202445,100 shares $1.40 million +21.2%0.7%2.5 $31.11
10/15/202437,200 shares $1.16 million -17.9%0.6%2.4 $31.24
9/30/202445,300 shares $1.39 million -5.6%0.7%2.5 $30.73
9/15/202448,000 shares $1.44 million -9.4%0.7%2.4 $29.98
8/31/202453,000 shares $1.65 million -2.2%0.8%2.8 $31.22
8/15/202454,200 shares $1.62 million -19.1%0.8%2.7 $29.89
7/31/202467,000 shares $2.19 million -5.5%1.0%3 $32.72
7/15/202470,900 shares $2.07 million +76.4%1.1%3.1 $29.19
6/30/202440,200 shares $1.09 million +16.5%0.6%2.1 $27.14
6/15/202434,500 shares $884,235.00 +0.3%0.5%2.1 $25.63
5/31/202434,400 shares $912,632.00 -18.3%0.5%2 $26.53
5/15/202442,100 shares $1.14 million -5.2%0.7%2.5 $27.05
4/30/202444,400 shares $1.07 million +11.0%0.6%3 $24.17
4/15/202440,000 shares $935,400.00 -4.5%0.6%3.1 $23.39
3/31/202441,900 shares $1.09 million -16.5%0.6%3.2 $25.92
3/15/202450,200 shares $1.25 million -6.9%0.7%3.7 $24.90
2/29/202453,900 shares $1.34 million +20.3%0.8%3.2 $24.86
2/15/202444,800 shares $1.12 million +5.9%0.7%2.7 $25.10
1/31/202442,300 shares $1.08 million +2.4%0.6%1.8 $25.56
1/15/202441,300 shares $1.11 million -8.0%0.6%1.8 $26.98
12/31/202344,900 shares $1.31 million -3.4%0.7%1.9 $29.28
12/15/202346,500 shares $1.34 million -1.1%0.7%2 $28.83
11/30/202347,000 shares $1.18 million -11.3%0.7%2.4 $25.12
11/15/202353,000 shares $1.38 million -1.7%0.8%2.8 $26.08
10/31/202353,900 shares $1.25 million -15.3%0.8%4.7 $23.22
10/15/202363,600 shares $1.44 million -17.2%0.9%5.3 $22.60
9/30/202376,800 shares $1.73 million -0.1%1.1%5.3 $22.59
9/15/202376,900 shares $1.80 million -17.0%1.1%4.9 $23.43
8/31/202392,700 shares $2.12 million +0.8%1.3%3.1 $22.91
8/15/202392,000 shares $2.19 million -3.3%1.3%3.1 $23.75
7/31/202395,100 shares $2.39 million -29.2%1.4%3.1 $25.15
7/15/2023134,400 shares $2.88 million +5.4%2.0%4.4 $21.46
6/30/2023127,500 shares $2.69 million +540.7%1.9%4.2 $21.10
6/15/202319,900 shares $437,601.00 +25.2%0.3%0.7 $21.99
5/31/202315,900 shares $318,000.00 +1.3%0.2%0.9 $20.00
5/15/202315,700 shares $319,809.00 +12.1%0.2%0.8 $20.37
4/30/202314,000 shares $316,680.00 -15.7%0.2%0.7 $22.62
4/15/202316,600 shares $396,076.00 +28.7%0.2%0.9 $23.86
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3/31/202312,900 shares $290,895.00 -11.6%0.2%0.7 $22.55
3/15/202314,600 shares $344,706.00 +170.4%0.2%0.9 $23.61
2/28/20235,400 shares $156,384.00 -29.0%0.1%0.5 $28.96
2/15/20237,600 shares $229,748.00 -42.9%0.1%0.7 $30.23
1/31/202313,300 shares $381,444.00 -23.1%0.2%1.4 $28.68
1/15/202317,300 shares $487,687.00 -25.1%0.3%2.1 $28.19
12/30/202223,100 shares $668,745.00 -37.9%0.4%2.9 $28.95
12/15/202237,200 shares $1.03 million -22.5%0.6%5.3 $27.80
11/30/202248,000 shares $1.40 million -7.9%0.8%3.9 $29.09
11/15/202252,100 shares $1.53 million +22.9%0.9%4.2 $29.40
10/31/202242,400 shares $1.21 million -10.2%0.7%2.9 $28.54
10/15/202247,200 shares $1.28 million -14.3%0.8%3.1 $27.16
9/30/202255,100 shares $1.50 million +78.9%0.9%3.7 $27.25
9/15/202230,800 shares $839,608.00 -7.8%0.5%2.1 $27.26
8/31/202233,400 shares $805,274.00 -9.2%0.5%2.6 $24.11
8/15/202236,800 shares $877,680.00 -3.2%0.6%3 $23.85
7/31/202238,000 shares $893,000.00 -11.0%0.6%3.6 $23.50
7/15/202242,700 shares $1.00 million +1.0%0.7%4.6 $23.50
6/30/202242,300 shares $951,327.00 -6.0%0.7%4.3 $22.49
6/15/202245,000 shares $962,550.00 -12.5%0.7%3.8 $21.39
5/31/202251,400 shares $1.19 million -12.7%0.8%2.8 $23.09
5/15/202258,900 shares $1.35 million -4.5%1.0%3 $22.90
4/30/202261,700 shares $1.42 million -4.9%1.0%2.4 $22.95
4/15/202264,900 shares $1.51 million -6.8%1.1%2.4 $23.20
3/31/202269,600 shares $1.61 million +1,380.9%1.2%2.4 $23.07
3/15/20224,700 shares $102,977.00 -40.5%0.1%0.2 $21.91
2/28/20227,900 shares $165,900.00 -8.1%0.1%0.4 $21.00
2/15/20228,600 shares $175,354.00 -39.9%0.1%0.5 $20.39
1/31/202214,300 shares $303,446.00 -57.4%0.3%1.5 $21.22
1/15/202233,600 shares $667,632.00 +110.0%0.6%3.5 $19.87
12/31/202116,000 shares $313,120.00 No Change0.3%2.1 $19.57

SSBK Short Interest - Frequently Asked Questions

What is Southern States Bancshares' current short interest?

Short interest is the volume of Southern States Bancshares shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 33,400 shares of SSBK short. 0.46% of Southern States Bancshares' shares are currently sold short. Learn More on Southern States Bancshares' current short interest.

What is a good short interest ratio for Southern States Bancshares?

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. SSBK shares currently have a short interest ratio of 2.0. Learn More on Southern States Bancshares's short interest ratio.

What is a good short interest percentage for Southern States Bancshares?

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. 0.46% of Southern States Bancshares' floating shares are currently sold short.

Is Southern States Bancshares' short interest increasing or decreasing?

Southern States Bancshares saw a decrease in short interest in November. As of November 30th, there was short interest totaling 33,400 shares, a decrease of 11.6% from the previous total of 37,800 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 Southern States Bancshares' float size?

Southern States Bancshares currently has issued a total of 9,885,000 shares. Some of Southern States Bancshares' 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. Southern States Bancshares currently has a public float of 7,270,000 shares.

How does Southern States Bancshares' short interest compare to its competitors?

0.46% of Southern States Bancshares' shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Southern States Bancshares: The First Bancshares, Inc. (1.49%), Coastal Financial Co. (2.94%), Sprott Inc. (0.57%), Amalgamated Financial Corp. (4.44%), Bank First Co. (1.57%), Burke & Herbert Financial Services Corp. (0.70%), ConnectOne Bancorp, Inc. (1.79%), Premier Financial Corp. (1.41%), First Mid Bancshares, Inc. (0.44%), MoneyLion Inc. (6.09%),

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 Southern States Bancshares stock?

Short selling SSBK is an investing strategy that aims to generate trading profit from Southern States Bancshares as its price is falling. SSBK shares are trading up $1.19 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 Southern States Bancshares?

A short squeeze for Southern States Bancshares 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 SSBK, which in turn drives the price of the stock up even further.

How often is Southern States Bancshares' 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 SSBK, twice per month. The most recent reporting period available is November, 30 2024.




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