Short interest in Bank of America Corp (NYSE:BAC) decreased during the last reporting period, falling from 70.53M to 62.67M. This put 0.93% of the company's publicly available shares short.
Short interest for Bank of America gives investors a sense of the degree to which investors are betting on the decline of Bank of America's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 43.55M shares traded per day, it would take 1.44 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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