Short Interest Update on National Bank Holdings Corporation (NBHC)

National Bank Holdings Corporation (NBHC) : Traders are negative on National Bank Holdings Corporation (NBHC), as it has 2.5% of short positions outstanding compared to its float. The total shorts have reduced by -4,810 shares, which is a -0.7% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,695,898 to 691,088 shares. While the daily trading volume of the stock is 125,312, there are 6 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

National Bank Holdings Corporation (NYSE:NBHC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.20 and $23.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.57, notching a gain of 1.64% for the day. The total traded volume was 134,904 . The stock had closed at $23.19 on the previous day.


National Bank Holdings Corporation (NBHC) is a bank holding company. The Companys primary operations are conducted through its wholly owned subsidiary, NBH Bank, N.A. (the Bank), through which it provides a range of banking products to both commercial and consumer clients. The Company services its clients through a network of approximately 97 banking centers, and through online and mobile banking products. Through its subsidiary NBH Bank, it operates under the brand names: Bank Midwest in Kansas and Missouri, Community Banks of Colorado in Colorado and Hillcrest Bank in Texas. Its lending products include small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, commercial real estate loans, small business loans, residential mortgage loans, home equity and consumer loans. The Company also offers traditional depository products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.