Bank of America Corporation (NYSE:BAC) Sees Large Decrease in Short Interest

Bank of America Corporation (NYSE:BAC) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 90,554,920 shares, a drop of 21.2% from the December 15th total of 114,878,738 shares. Based on an average daily trading volume, of 33,457,146 shares, the short-interest ratio is currently 2.7 days. Approximately 1.2% of the company’s stock are sold short. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 33,457,146 shares, the short-interest ratio is currently 2.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Permanent Capital Management LP bought a new stake in Bank of America in the 3rd quarter worth approximately $649,000. Boston Common Asset Management LLC boosted its position in shares of Bank of America by 10.5% during the 2nd quarter. Boston Common Asset Management LLC now owns 259,680 shares of the financial services provider’s stock valued at $12,288,000 after acquiring an additional 24,740 shares during the last quarter. Disciplined Investments LLC purchased a new position in shares of Bank of America in the second quarter valued at $217,000. Sunbeam Capital Management LLC grew its holdings in shares of Bank of America by 7.3% in the second quarter. Sunbeam Capital Management LLC now owns 6,476 shares of the financial services provider’s stock valued at $306,000 after purchasing an additional 439 shares in the last quarter. Finally, CCG Wealth Management LLC bought a new stake in Bank of America in the second quarter worth $287,000. 70.71% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Bank of America

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: Management is upbeat on the macro outlook — BofA projects stronger 2026 growth (2.8% GDP) and sees resilient consumer spending, which supports loan growth and fee income expectations. Bank of America CEO sees stronger 2026 economy
• Positive Sentiment: BofA will award $1B in stock to non‑executive employees via its Sharing Success Program — positive for retention and signals confidence in cash flow, though investors may watch issuance impact. BofA Awards $1 Billion in Stock
• Positive Sentiment: Street sentiment has pockets of bullishness — commentators like Jim Cramer and some analysts argue BAC benefits from higher rates and have nudged price targets higher, supporting upside case for net interest income. Bank of America Needs Higher Rates, Says Jim Cramer
• Neutral Sentiment: Sector pieces are highlighting banks as potential dividend/income plays in 2026, which may attract longer-term income investors but not necessarily trigger immediate buying. Why Bank Stocks Could Surprise Investors in 2026
• Neutral Sentiment: Context pieces (e.g., retrospective performance and BofA’s “10 market surprises” outlook) provide helpful background for investors but are unlikely to move price materially on their own. $1000 Invested In Bank of America 10 Years Ago Bank of America Flags 10 Market Surprises
• Negative Sentiment: Analyses noting recent choppy share performance and valuation concerns may be prompting profit‑taking — investors may be reassessing how much upside is priced in after the recent run. Assessing Bank of America Valuation

Bank of America Stock Performance

Shares of BAC stock traded down $0.88 during trading hours on Tuesday, reaching $52.09. The company had a trading volume of 49,066,066 shares, compared to its average volume of 44,267,098. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The business has a fifty day moving average price of $54.16 and a 200-day moving average price of $51.27. Bank of America has a one year low of $33.06 and a one year high of $57.55. The firm has a market cap of $380.37 billion, a PE ratio of 13.60 and a beta of 1.29.

Bank of America (NYSE:BAC) last issued its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The company had revenue of $28.53 billion for the quarter, compared to the consensus estimate of $27.73 billion. During the same quarter in the prior year, the firm earned $0.82 earnings per share. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. Sell-side analysts predict that Bank of America will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 5th were issued a $0.28 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.12 annualized dividend and a dividend yield of 2.2%. Bank of America’s payout ratio is presently 29.24%.

Analyst Ratings Changes

A number of research firms have recently commented on BAC. Piper Sandler increased their target price on Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Phillip Securities raised their price objective on shares of Bank of America from $50.00 to $56.00 in a research note on Tuesday, October 21st. Seaport Global Securities lifted their target price on shares of Bank of America from $59.00 to $66.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Wall Street Zen cut shares of Bank of America from a “hold” rating to a “sell” rating in a report on Monday, January 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Bank of America from $58.00 to $61.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.74.

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.