Short sellers increased positions by 14% over the past month heading into today's earnings. Options traders are leaning bullish, with put-call sentiment well below the 20-day average.
Short interest in EBC stands at 3.51% of free float as of April 22.
That equates to 8.36 million shares sold short.
The position has grown 14.2% over the past month, rising from 7.32 million shares in mid-March.
Days to cover sits at 4.22, based on FINRA's last fortnightly report. Short-term momentum is mixed: SI dipped 1.97% yesterday but rose 2.02% over the past week.
Cost to borrow remains subdued at 0.50%, up 26% week-over-week but still signaling ample share availability.
The put-call ratio (PCR) on April 23 was 0.72.
That's 1.6 standard deviations below the 20-day mean of 0.86, suggesting traders are tilting toward calls.
The ratio has compressed from highs above 0.90 seen in early April.
Over the past year, PCR has ranged from 0.09 to 3.14, reflecting wide swings in sentiment around quarterly prints.
Utilisation of available shares to borrow sits at just 4.68%, down from a 52-week peak of 18.09%.
Analyst coverage data is currently unavailable for EBC.
The stock has gained 7.7% over the past month and closed at $20.51 on April 23, up 1.28% on the day.
The company has not yet reported Q1 2026 results.
Recent earnings were announced on January 23, 2026, with prior events tracked in October 2025.
Price performance heading into today's print has been constructive, with the stock recovering from a slight pullback earlier this month.
No active ORTEX Alpha signals are currently flagged for EBC.
The ORTEX short score stands at 39.07 out of 100, reflecting moderate bearish positioning relative to the broader market.
See the live data behind this article on ORTEX.
Open EBC 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.
