Short Interest Update on Toronto Dominion Bank (The) (TD)

Toronto Dominion Bank (The) (TD) : Traders are getting increasingly bearish on Toronto Dominion Bank (The) (TD), as can be seen in the addition of short positions from 9,959,914 on Jul 29, 2016, to 10,520,847 on August 15, 2016. The net change in shorts is 560,933 shares, an increase of 5.6%. 10 days remain before the expiry. The 0.6% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 1,077,709. The short interest information was released on Wednesday Aug 24th after the market close.

Toronto Dominion Bank (The) (NYSE:TD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.39 and $43.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.55, notching a gain of 0.66% for the day. The total traded volume was 1,369,599 . The stock had closed at $44.26 on the previous day.


The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses. U.S. Retail consists of the Banks retail and commercial banking operations operating under the brand TD Bank, Americas Most Convenient Bank, and wealth management services in the United States. Wholesale Banking provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding and investment needs of its clients. The Bank is also an online financial services firm.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *