First Republic Is Now the Most Shorted Regional Bank

Short sellers have doubled down on the San Francisco bank over the past month.

Bloomberg / Eric Thayer

Bloomberg / Eric Thayer

Short sellers have been ramping up their positions in regional banks ever since the collapse of Silicon Valley Bank, which triggered fears of a widespread regional banking crisis and more bank seizures by the FDIC. The biggest increase in shorting activity has been at San Francisco-based First Republic Bank, whose short interest has more than doubled over the past 30 days, according to S3 Partners.

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