BML.PRH

Bank of America Corporation

NYSE

Short interest in BML.PRH surged 48% over the past week. Shares short hit 61,190 as of March 31. The preferred stock saw a sharp climb from just 41,312 shares short in late February. This marks a 389% jump over the past month. Days to cover rose to 2.73 from 2.28 a month ago. Cost to borrow also climbed. CTB averaged 6.47%, up 12% week-over-week and 86% over the past month. This suggests tightening availability despite the increase in short positions. Utilization remains low at 2.62%. The 52-week high was 7.39%. This indicates ample shares remain available to borrow. The underlying common stock has been flat. BML.PRH closed at $19.32, down 0.4% for the week. Year-to-date the preferred is up just 1.6%. Bank of America reports Q1 earnings on May 4. The preferred stock has seen steady shorting pressure since late January. Shares short bottomed at 8,083 in mid-January before the recent surge. The combination of rising short interest and elevated CTB suggests bears are building positions. However, low utilization means the trade isn't crowded yet. This is not financial advice. Short interest data may be incomplete or delayed.

Cost to borrow

6.45%▼ 3.9%

Live CTB on ORTEX →

Utilization

1.6%

Next earnings

14 Jul 2026

Snapshot as of 9 May 2026