Sturgis Bancorp (STBI) Short Interest Ratio & Short Volume

Short interest is the volume of Sturgis Bancorp shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 100 shares of STBI short. Learn More on Sturgis Bancorp's current short interest.

Sturgis Bancorp saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the previous total of 200 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 Sturgis Bancorp: First Northern Community Bancorp (0.00%), Franklin Financial Services Co. (0.14%), CF Bankshares Inc. (0.36%), SB Financial Group, Inc. (0.10%), MainStreet Bancshares, Inc. (0.27%), Oportun Financial Co. (0.23%), ECB Bancorp, Inc. (0.09%), Affinity Bancshares, Inc. (0.37%), Sound Financial Bancorp, Inc. (0.12%), Landmark Bancorp, Inc. (0.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

Short selling STBI is an investing strategy that aims to generate trading profit from Sturgis Bancorp as its price is falling. STBI shares are trading down $0.16 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 Sturgis 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 STBI, 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 STBI, twice per month. The most recent reporting period available is November, 15 2024.