Bank Of America Corp [BAC] short interest surges, jumping by 92.23 million million shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bank Of America Corp shares valued at $684 were purchased by BANK OF AMERICA CORP /DE/ on Aug 11 ’25. At $6.52 per share, BANK OF AMERICA CORP /DE/ acquired 105 shares. The insider’s holdings grew to 105 shares worth approximately $5009.55 following the completion of this transaction.

Also, BANK OF AMERICA CORP /DE/ sold 105 shares, netting a total of over 684 in proceeds. Following the sale of shares at $6.52 each, the insider now holds 0 shares.

Before that, BANK OF AMERICA CORP /DE/ had added 349 shares to its account. In a trade valued at $2,871, the 10% Owner bought Bank Of America Corp shares for $8.22 each. Upon closing the transaction, the insider’s holdings increased to 349 shares, worth approximately $16650.79.

As published in a research note from HSBC Securities on July 08, 2025, Bank Of America Corp [BAC] has been rated down from a Buy to a Hold and the price target has been revised to $51. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late June. As of May 15, 2025, TD Cowen has initiated its “Buy” rating for BAC. Earlier on April 07, 2025, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for BAC stock which previously was a “an Equal-weight”.

Analyzing BAC Stock Performance

On last trading session, Bank Of America Corp [NYSE: BAC] rose 0.99% to $47.71. The stock’s lowest price that day was $46.8904, but it reached a high of $47.73 in the same session. During the last five days, there has been a surge of approximately 6.21%. Over the course of the year, Bank Of America Corp shares have jumped approximately 24.99%. Shares of the company reached a 52-week high of $49.31 on 07/03/25 and a 52-week low of $33.06 on 04/09/25.

Support And Resistance Levels for Bank Of America Corp (BAC)

According to the 24-hour chart, there is a support level at 47.16, which, if violated, would cause prices to drop to 46.60. In the upper region, resistance lies at 48.00. The next price resistance is at 48.28. RSI (Relative Strength Index) is 57.73 on the 14-day chart, showing neutral technical sentiment.

Is Bank Of America Corp subject to short interest?

Stocks of Bank Of America Corp saw a sharp rise in short interest on 2025-07-31 jumping by 4.62 million shares to 92.23 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 87.61 million shares. A jump of 5.01% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.22 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.22.

Which companies own the most shares of Bank Of America Corp (BAC)?

In terms of Bank Of America Corp share price expectations, FactSet research, analysts set an average price target of 50 in the next 12 months, up nearly 5.84% from the previous closing price of $47.24. Analysts anticipate Bank Of America Corp stock to reach 53 by 2025, with the lowest price target being 47. In spite of this, 20 analysts ranked Bank Of America Corp stock as Buy at the end of 2025. On March 07, 2025, Robert W. Baird assigned a price target of “an Outperform” to the stock and upgraded coverage with a $50.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.