Why is $SHBI stock down today?

Shore Bancshares Inc · National Commercial Banks

Why is $SHBI down today?

The likely driver

Charter / Bylaw Change

SHORE BANCSHARES INC filed an 8-K: Charter / Bylaw Change

SEC filing · Aug 25

The numbers behind the move

Short interest

19.7% of float

Days to cover

6.7d

Float

5.2M · Medium

Dilution

Heavy

Insider buying

1 open-market

SHBI: 19.7% of the float is sold short (6.7 days to cover), active share dilution on file, 1 open-market insider buy.

Price

$22.88

Move today

-0.2%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

Market cap

$759M

Prev close

$22.92

Avg volume

196K

Nothing has triggered on SHBI yet in this session. Our scanner has flagged it 9 times in the last 30 days , most recently on September 11 for unusual volume, which is why this page is here. See the full SHBI page for the chart and the alert history.

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Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.