South Atlantic Bancshares (SABK) Short Interest Ratio & Short Volume

Short interest is the volume of South Atlantic Bancshares shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 1,000 shares of SABK short. Learn More on South Atlantic Bancshares' current short interest.

South Atlantic Bancshares saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 1,000 shares, an increase of 233.3% from the previous total of 300 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 sector of "finance" compare to South Atlantic Bancshares: SOHO China Limited (0.04%), Tortoise Energy Infrastructure Co. (0.18%), Value Line, Inc. (1.57%), Anywhere Real Estate Inc. (4.41%), Third Coast Bancshares, Inc. (0.88%), BlackRock MuniVest Fund, Inc. (0.05%), Peakstone Realty Trust (3.38%), Boston Omaha Co. (3.70%), Capital Bancorp, Inc. (0.28%), Diamond Hill Investment Group, Inc. (1.12%),

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 SABK is an investing strategy that aims to generate trading profit from South Atlantic Bancshares as its price is falling. SABK shares are trading down $1.06 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 South Atlantic Bancshares occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of SABK, 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 SABK, twice per month. The most recent reporting period available is October, 31 2024.