Short interest in Towne Bank (NASDAQ:TOWN) decreased during the last reporting period, falling from 981.68K to 924.83K. This put -% of the company's publicly available shares short.

Short interest for Towne Bank gives investors a sense of the degree to which investors are betting on the decline of Towne Bank's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 417.17K shares traded per day, it would take 2.22 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.