Banco Comercial Português (BPCGY) Short Interest Ratio & Short Volume

Short interest is the volume of Banco Comercial Português shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 100 shares of BPCGY short. Learn More on Banco Comercial Português' 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. BPCGY shares currently have a short interest ratio of 1.0. Learn More on Banco Comercial Português's short interest ratio.

Here is how the short interest of companies in the industry of "commercial banks, not elsewhere classified" compare to Banco Comercial Português: Summit State Bank (0.71%), The Bank of N.T. Butterfield & Son Limited (0.63%), Royal Bank of Canada (1.18%), Mitsubishi UFJ Financial Group, Inc. (0.07%), HDFC Bank Limited (0.75%), ICICI Bank Limited (0.84%), The Toronto-Dominion Bank (2.87%), Sumitomo Mitsui Financial Group, Inc. (0.05%), Banco Santander, S.A. (0.05%), Bank of Montreal (1.35%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling BPCGY is an investing strategy that aims to generate trading profit from Banco Comercial Português as its price is falling. 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 Banco Comercial Português 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 BPCGY, 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 BPCGY, twice per month. The most recent reporting period available is October, 15 2024.