Southern Michigan Bancorp (SOMC) Short Interest Ratio & Short Volume

Short interest is the volume of Southern Michigan Bancorp shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 200 shares of SOMC short. Learn More on Southern Michigan Bancorp's current short interest.

Southern Michigan Bancorp saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 200 shares, an increase of 100.0% from the previous total of 100 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 Southern Michigan Bancorp: Source Capital, Inc. (0.06%), Northeast Community Bancorp, Inc. (0.99%), Civista Bancshares, Inc. (0.99%), NewtekOne, Inc. (3.58%), Southern States Bancshares, Inc. (0.60%), RBB Bancorp (0.66%), BayCom Corp (0.50%), Ponce Financial Group, Inc. (0.40%), Onity Group (1.01%), FS Bancorp, Inc. (0.53%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling SOMC is an investing strategy that aims to generate trading profit from Southern Michigan Bancorp 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 Southern Michigan Bancorp 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 SOMC, 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 SOMC, twice per month. The most recent reporting period available is January, 31 2025.