Short Interest in CoastalSouth Bancshares Surges 59% in March

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CoastalSouth Bancshares, Inc. (NYSE:COSO), a bank holding company headquartered in Atlanta, Georgia, saw a 59.1% increase in short interest during the month of March. As of March 13th, there were 79,795 shares sold short, up from 50,140 shares at the end of February. The days-to-cover ratio currently stands at 1.2 days based on the company's average daily trading volume.

Why it matters

Increases in short interest can signal that some investors are betting against a company's stock performance. This could indicate concerns about CoastalSouth Bancshares' financial outlook or growth prospects, though more analysis would be needed to determine the specific reasons behind the surge in short positions.

The details

CoastalSouth Bancshares operates Coastal States Bank, a South Carolina state-chartered commercial bank that offers banking products and services to businesses, real estate professionals, and consumers. The company has a community banking presence in the Lowcountry of South Carolina, Savannah, Georgia, and the Atlanta, Georgia market.

• As of March 13th, 2026, there was short interest totaling 79,795 shares.
• This represents a 59.1% increase from the February 26th total of 50,140 shares.