ICICI Bank (IBN) Short Interest Ratio & Short Volume

Short interest is the volume of ICICI Bank shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 32,590,000 shares of IBN short. Learn More on ICICI 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. IBN shares currently have a short interest ratio of 6.0. Learn More on ICICI 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 ICICI Bank: Jane Street Group LLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

ICICI Bank saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 32,590,000 shares, an increase of 10.0% from the previous total of 29,630,000 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 ICICI Bank: Bank of America Co. (0.83%), Royal Bank of Canada (1.28%), HDFC Bank Limited (0.74%), Mitsubishi UFJ Financial Group, Inc. (0.07%), Citigroup Inc. (1.61%), 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 IBN is an investing strategy that aims to generate trading profit from ICICI Bank as its price is falling. IBN shares are trading down $0.02 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 ICICI 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 IBN, 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 IBN, twice per month. The most recent reporting period available is October, 31 2024.