HDFC Bank (HDB) Short Interest Ratio & Short Volume

Short interest is the volume of HDFC Bank shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 18,650,000 shares of HDB short. Learn More on HDFC Bank'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. HDB shares currently have a short interest ratio of 8.0. Learn More on HDFC Bank's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of HDFC Bank: Barclays PLC, Jane Street Group LLC, Wolverine Trading LLC, Symmetry Peak Management LLC, Parallax Volatility Advisers L.P., Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, Genus Capital Management Inc., Concourse Financial Group Securities Inc., and Cubist Systematic Strategies LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

HDFC Bank saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 18,650,000 shares, a drop of 1.4% from the previous total of 18,920,000 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.

Here is how the short interest of companies in the industry of "banking" compare to HDFC Bank: Bank of America Co. (0.83%), Royal Bank of Canada (1.28%), Mitsubishi UFJ Financial Group, Inc. (0.07%), Citigroup Inc. (1.61%), ICICI Bank Limited (0.92%), UBS Group AG (0.23%), HSBC Holdings plc (0.20%), The Toronto-Dominion Bank (1.24%), Sumitomo Mitsui Financial Group, Inc. (0.05%), Banco Santander, S.A. (0.05%),

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.

Short selling HDB is an investing strategy that aims to generate trading profit from HDFC Bank as its price is falling. HDB shares are trading up $0.17 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.

A short squeeze for HDFC Bank 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 HDB, 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 HDB, twice per month. The most recent reporting period available is October, 31 2024.