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Third Coast Bancshares (TCBX) Short Interest Ratio & Short Volume

Third Coast Bancshares logo
$34.25 +0.78 (+2.33%)
(As of 12/20/2024 05:16 PM ET)

Third Coast Bancshares Short Interest Data

Third Coast Bancshares (TCBX) has a short interest of 168,700 shares, representing 1.58% of the float (the number of shares available for trading by the public). This marks a 22.42% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.4, indicating that it would take 2.4 days of the average trading volume of 46,202 shares to cover all short positions.

Current Short Interest
168,700 shares
Previous Short Interest
137,800 shares
Change Vs. Previous Month
+22.42%
Dollar Volume Sold Short
$5.99 million
Short Interest Ratio
2.4 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
13,679,000 shares
Float Size
10,700,000 shares
Short Percent of Float
1.58%
Today's Trading Volume
117,127 shares
Average Trading Volume
46,202 shares
Today's Volume Vs. Average
254%
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TCBX Short Interest Over Time

TCBX Days to Cover Over Time

TCBX Percentage of Float Shorted Over Time

Third Coast Bancshares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/2024168,700 shares $5.99 million +22.4%1.6%2.4 $35.50
11/15/2024137,800 shares $4.77 million +42.1%1.3%2 $34.58
10/31/202497,000 shares $3.16 million -1.8%0.9%1.8 $32.57
10/15/202498,800 shares $2.76 million +11.4%0.9%2.3 $27.95
9/30/202488,700 shares $2.37 million -0.6%0.8%1.9 $26.77
9/15/202489,200 shares $2.32 million -3.5%0.8%1.9 $25.99
8/31/202492,400 shares $2.37 million -7.9%0.8%2.2 $25.61
8/15/2024100,300 shares $2.28 million +14.8%0.9%2.7 $22.70
7/31/202487,400 shares $2.04 million +43.8%0.8%2.5 $23.37
7/15/202460,800 shares $1.39 million +0.8%0.6%1.9 $22.85
6/30/202460,300 shares $1.28 million +15.1%0.5%2.2 $21.27
6/15/202452,400 shares $1.01 million -0.2%0.5%2.1 $19.18
5/31/202452,500 shares $1.11 million -35.6%0.5%1.9 $21.09
5/15/202481,500 shares $1.72 million -17.5%0.7%2.5 $21.09
4/30/202498,800 shares $1.92 million +86.8%0.9%3 $19.42
4/15/202452,900 shares $979,179.00 +26.6%0.5%1.6 $18.51
3/31/202441,800 shares $836,836.00 -34.2%0.4%1.3 $20.02
3/15/202463,500 shares $1.26 million +20.5%0.6%2 $19.82
2/29/202452,700 shares $1.01 million +11.9%0.5%1.7 $19.17
2/15/202447,100 shares $925,515.00 +21.1%0.4%1.7 $19.65
1/31/202438,900 shares $739,100.00 -28.6%0.3%1.6 $19.00
1/15/202454,500 shares $1.04 million -8.1%0.5%2.4 $19.05
12/31/202359,300 shares $1.18 million +9.0%0.5%2.5 $19.87
12/15/202354,400 shares $1.07 million +3.6%0.5%2.4 $19.73
11/30/202352,500 shares $889,875.00 -3.5%0.5%2.5 $16.95
11/15/202354,400 shares $950,368.00 +7.7%0.5%2.6 $17.47
10/31/202350,500 shares $783,255.00 -34.2%0.4%2.3 $15.51
10/15/202376,800 shares $1.27 million -25.2%0.7%3.3 $16.52
9/30/2023102,600 shares $1.75 million +1.0%0.9%4.1 $17.10
9/15/2023101,600 shares $1.82 million +2.1%0.9%4.1 $17.96
8/31/202399,500 shares $1.87 million +8.7%0.9%3.5 $18.82
8/15/202391,500 shares $1.90 million -1.3%0.8%2.9 $20.75
7/31/202392,700 shares $1.92 million -24.7%0.8%2.5 $20.68
7/15/2023123,100 shares $2.02 million +5.6%1.1%3.1 $16.38
6/30/2023116,600 shares $1.85 million -5.5%1.0%2.9 $15.87
6/15/2023123,400 shares $2.11 million -11.1%1.1%2.8 $17.07
5/31/2023138,800 shares $2.25 million +9.7%1.3%3.2 $16.19
5/15/2023126,500 shares $1.99 million +5.5%1.2%3.1 $15.73
4/30/2023119,900 shares $1.67 million -3.1%1.1%3.4 $13.94
4/15/2023123,700 shares $1.79 million -25.8%1.2%4.2 $14.45
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3/31/2023166,700 shares $2.62 million +23.7%1.6%6 $15.71
3/15/2023134,800 shares $2.16 million +3.9%1.3%4.9 $16.01
2/28/2023129,800 shares $2.39 million -7.7%1.2%5 $18.45
2/15/2023140,600 shares $2.66 million +0.9%1.3%5.2 $18.90
1/31/2023139,400 shares $2.58 million -1.8%1.3%4.6 $18.54
1/15/2023141,900 shares $2.67 million +19.4%1.3%3 $18.79
12/30/2022118,800 shares $2.19 million -37.1%1.1%2.3 $18.43
12/15/2022188,800 shares $3.58 million +4.2%1.8%3.6 $18.95
11/30/2022181,200 shares $3.56 million -6.4%1.7%3.1 $19.64
11/15/2022193,500 shares $3.69 million -36.3%1.8%3.3 $19.07
10/31/2022303,900 shares $5.90 million -14.0%2.8%5.1 $19.40
10/15/2022353,500 shares $6.02 million -5.5%3.3%7.6 $17.04
9/30/2022374,200 shares $6.40 million +20.1%3.1%9.1 $17.11
9/15/2022311,600 shares $5.81 million -3.6%2.6%5.3 $18.66
8/31/2022323,200 shares $5.88 million -7.3%2.7%5.2 $18.20
8/15/2022348,800 shares $6.72 million +0.0%2.9%4.8 $19.28
7/31/2022348,700 shares $6.54 million +5.5%2.9%4.8 $18.76
7/15/2022330,400 shares $7.18 million +2.7%2.8%4.5 $21.73
6/30/2022321,600 shares $7.04 million +353.0%2.7%4.4 $21.90
6/15/202271,000 shares $1.69 million -32.8%0.6%1 $23.84
5/31/2022105,600 shares $2.62 million -0.9%0.9%2.2 $24.84
5/15/2022106,600 shares $2.45 million -23.0%0.9%2.9 $22.95
4/30/2022138,400 shares $3.14 million +8.8%1.2%4 $22.67
4/15/2022127,200 shares $2.83 million +27.8%1.1%3.9 $22.27
3/31/202299,500 shares $2.30 million +83.2%0.8%2.9 $23.10
3/15/202254,300 shares $1.23 million +9.3%0.5%1.4 $22.70
2/28/202249,700 shares $1.16 million +15.1%0.4%1.1 $23.27
2/15/202243,200 shares $1.03 million +90.3%0.4%0.8 $23.83
1/31/202222,700 shares $544,346.00 +3.7%0.2%0.3 $23.98
1/15/202221,900 shares $547,500.00 -41.9%0.2%0.2 $25.00
12/31/202137,700 shares $979,446.00 No Change0.3%0.4 $25.98

TCBX Short Interest - Frequently Asked Questions

What is Third Coast Bancshares' current short interest?

Short interest is the volume of Third Coast Bancshares shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 168,700 shares of TCBX short. 1.58% of Third Coast Bancshares' shares are currently sold short. Learn More on Third Coast Bancshares' current short interest.

What is a good short interest ratio for Third Coast 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. TCBX shares currently have a short interest ratio of 2.0. Learn More on Third Coast Bancshares's short interest ratio.

What is a good short interest percentage for Third Coast 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. 1.58% of Third Coast Bancshares' floating shares are currently sold short.

Is Third Coast Bancshares' short interest increasing or decreasing?

Third Coast Bancshares saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 168,700 shares, an increase of 22.4% from the previous total of 137,800 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 Third Coast Bancshares' float size?

Third Coast Bancshares currently has issued a total of 13,679,000 shares. Some of Third Coast 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. Third Coast Bancshares currently has a public float of 10,700,000 shares.

How does Third Coast Bancshares' short interest compare to its competitors?

1.58% of Third Coast Bancshares' shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Third Coast Bancshares: Pathward Financial, Inc. (7.34%), Inter & Co, Inc. (2.94%), The Bank of N.T. Butterfield & Son Limited (0.58%), Columbia Financial, Inc. (8.77%), Merchants Bancorp (3.33%), Nicolet Bankshares, Inc. (0.55%), Customers Bancorp, Inc. (6.87%), QCR Holdings, Inc. (0.79%), CompoSecure, Inc. (38.68%), Grupo Supervielle S.A. (1.14%),

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 Third Coast Bancshares stock?

Short selling TCBX is an investing strategy that aims to generate trading profit from Third Coast Bancshares as its price is falling. TCBX shares are trading up $0.78 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 Third Coast Bancshares?

A short squeeze for Third Coast 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 TCBX, which in turn drives the price of the stock up even further.

How often is Third Coast 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 TCBX, twice per month. The most recent reporting period available is November, 30 2024.




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