Brookline Bancorp (BRKL) Short Interest Ratio & Short Volume

Short interest is the volume of Brookline Bancorp shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 1,410,000 shares of BRKL short. Learn More on Brookline Bancorp'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. BRKL shares currently have a short interest ratio of 3.0. Learn More on Brookline Bancorp's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Brookline Bancorp: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Here is how the short interest of companies in the sector of "finance" compare to Brookline Bancorp: Capitol Federal Financial, Inc. (4.80%), OceanFirst Financial Corp. (2.10%), Northfield Bancorp, Inc. (Staten Island, NY) (3.43%), Provident Financial Services, Inc. (6.82%), Kearny Financial Corp. (1.82%), Waterstone Financial, Inc. (1.10%), HomeTrust Bancshares, Inc. (0.36%), Farmers & Merchants Bancorp, Inc. (1.20%), Northrim BanCorp, Inc. (0.66%), Sterling Bancorp (1.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling BRKL is an investing strategy that aims to generate trading profit from Brookline Bancorp as its price is falling. BRKL shares are trading up $0.04 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 Brookline Bancorp 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 BRKL, 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 BRKL, twice per month. The most recent reporting period available is April, 30 2024.