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.
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
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