Short Interest in Patriot National Bancorp Surges 83%

Patriot National Bancorp's short interest jumps as investors bet against the bank's stock.

Apr. 13, 2026 at 9:36am

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An extreme close-up of the complex machinery and mechanisms inside a bank vault, conveying the heavy, industrial nature of financial infrastructure.The intricate mechanics of banking institutions are under scrutiny as short-sellers target Patriot National Bancorp's stock.Fort Lauderdale Today

Patriot National Bancorp Inc. (NASDAQ:PNBK) saw a significant 83.2% increase in short interest during March, with 3.2 million shares now sold short. This represents about 3.1% of the company's total shares outstanding, and the short-interest ratio has climbed to 4.1 days based on average daily trading volume.

Why it matters

The sharp rise in short interest suggests investors are increasingly bearish on Patriot National Bancorp's prospects, likely due to concerns about the bank's financial performance and outlook. Short-selling activity can put downward pressure on a stock's price and reflects a lack of confidence from the market.

The details

As of March 31st, Patriot National Bancorp had 3,238,447 shares sold short, up from 1,767,461 shares on March 15th. This 83.2% increase in short interest indicates growing skepticism about the bank's future. With an average daily trading volume of 787,580 shares, the short-interest ratio has climbed to 4.1 days, meaning it would take just over 4 days for short-sellers to cover their positions.

  • Short interest data is as of March 31, 2026.
  • Short interest increased by 83.2% from March 15, 2026 to March 31, 2026.

The players

Patriot National Bancorp Inc.

A community-oriented bank headquartered in Fort Lauderdale, Florida that offers retail and commercial banking products and services.

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What’s next

Investors will be closely watching Patriot National Bancorp's upcoming financial results and any updates on the bank's strategy and performance that could impact the high short interest.

The takeaway

The surge in short interest in Patriot National Bancorp suggests growing skepticism about the bank's outlook, reflecting broader concerns that may be weighing on the stock price. This highlights the need for the bank to clearly communicate its plans to address any issues and restore investor confidence.