VersaBank (NASDAQ:VBNK) Sees Large Growth in Short Interest

VersaBank (NASDAQ:VBNK) Sees Large Growth in Short Interest

VersaBank (NASDAQ:VBNK - Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 333,727 shares, an increase of 47.9% from the August 31st total of 225,630 shares. Based on an average daily trading volume, of 159,860 shares, the short-interest ratio is currently 2.1 days. Approximately 1.1% of the shares of the stock are short sold.