Regional bank BY reports Q1 earnings today with short sellers increasing positions sharply. Short interest jumped 28% over the past month to 1.37% of float, though utilisation remains low at just 0.29%.
Short interest stands at 629,156 shares as of April 22, representing 1.37% of the free float. That's up 28% over the past month, marking a notable acceleration in bearish bets. The monthly increase contrasts with recent daily moves — shorts added 0.39% day-over-day but pulled back 0.99% over the past week. Days to cover sits at 3.61 based on FINRA's latest fortnightly report. Despite the climb, utilisation is minimal at 0.29%, well below the 52-week high of 8.4%.
Put-call ratio printed at 0.1143 on April 23, below the 20-day average of 0.16. The z-score of -0.46 indicates slightly elevated call activity relative to recent norms. Options flow suggests neutral-to-bullish sentiment heading into the print. The 52-week PCR range is wide (0.0 to 25.0), reflecting thin options volume and occasional illiquidity.
No analyst coverage data is available for Byline Bancorp at this time. The stock trades without published consensus ratings or price targets in the ORTEX database.
Byline shares closed at $33.06 on April 23, down 0.09% on the day. The stock is up 6.85% over the past month, outpacing the modest short-term decline of 0.15% over the trailing week. Historical earnings reaction data is limited in the snapshot.
No ORTEX Alpha signals are currently active on BY. The ORTEX short score stands at 33.0 as of April 22, indicating below-average short interest intensity on a 0-100 scale. The combined score prints at 32.9.
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Open BY on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
