Short Volatility Alert: Preferred Bank
On Friday, shares of Preferred Bank (NASDAQ: PFBC ) experienced volatile short activity. After the activity, the stock price went down -0.49% to $68.51. The overall sentiment for PFBC has been Bearish. The signal from the volatility alert is trending Bullish . Therefore, the recommendation is to Decrease Short Exposure. The volatility alert was produced on the prior trading date, 7|8|2022, with a volatility change of 54.61%. The current volatility indicator stands at 8.866. Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the … Full story available on Benzinga.com
Short Volatility Alert: Preferred Bank
On Friday, shares of Preferred Bank (NASDAQ: PFBC ) experienced volatile short activity. After the activity, the stock price went down -0.49% to $68.51. The overall sentiment for PFBC has been Bearish. The signal from the volatility alert is trending Bullish . Therefore, the recommendation is to Decrease Short Exposure. The volatility alert was produced on the prior trading date, 7|8|2022, with a volatility change of 54.61%. The current volatility indicator stands at 8.866. Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the … Full story available on Benzinga.com