Capital Bank Financial Corp. posted the greatest decline in short interest relative to shares outstanding among SNL-covered banks and thrifts between April 28 and May 15.
The percentage of the company's shares held short relative to shares outstanding declined 374 basis points to 1.89% as of May 15.
Banc of California Inc. topped the list of banks and thrifts with the largest rises in short interest in the first half of May. The company saw short interest increase 327 basis points to 35.96% of shares outstanding at the end of the period.
BofI Holding Inc. topped the list of most shorted banks and thrifts between April 28 and May 15. The company saw short interest rise 241 basis points to 39.85% of shares outstanding.