Bank of America Corporation (NYSE:BAC) Short Interest Down 12.4% in January

Bank of America Corporation (NYSE:BAC) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 79,332,935 shares, a decrease of 12.4% from the December 31st total of 90,554,920 shares. Based on an average trading volume of 42,996,115 shares, the short-interest ratio is currently 1.8 days. Approximately 1.1% of the company’s shares are short sold. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 42,996,115 shares, the short-interest ratio is currently 1.8 days.

Bank of America News Summary

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

• Positive Sentiment: Board approved a regular quarterly cash dividend of $0.28 per share (record date Mar 6, payable Mar 27), implying a ~2.1% yield — reinforces steady capital return to shareholders and supports income-focused demand for the stock. Bank of America Declares First Quarter 2026 Stock Dividends
• Neutral Sentiment: BofA research raised its near‑term forecast for the Indian rupee (to ~88.60–89.00 by month‑end) after a U.S.–India trade deal — relevant for FX desks and international macro exposure but not a direct driver of BAC’s near‑term equity performance. BofA lifts near‑term rupee forecast by 2% to 88.60–89 after US trade deal
• Neutral Sentiment: Bank of America Institute released consumer/spending research showing NFL games (and the Super Bowl) significantly boost local spending — useful context for consumer card and deposit trends but only indirectly relevant to BAC’s earnings. NFL Games Drive 77% Surge In Spending — Super Bowl Set To Supercharge Bay Area
• Negative Sentiment: Several analysts trimmed targets and flagged concerns after BAC disclosed adjusted provisions and a pause/adjustment to buybacks — analyst downgrades and lower targets can pressure sentiment and reduce near‑term upside. Analysts Cut Bank of America (BAC) Price Targets Amid Adjusted Provisions and Buyback Pause
• Negative Sentiment: Coverage on legal and policy exposure — balancing Epstein‑related lawsuit risks alongside a potential role in stablecoin policy — raises headline risk and regulatory/legal uncertainty that can weigh on valuation multiples. Bank Of America Balances Epstein Lawsuit Risks With Stablecoin Policy Role

Hedge Funds Weigh In On Bank of America

Several hedge funds and other institutional investors have recently made changes to their positions in BAC. Quaker Wealth Management LLC increased its position in shares of Bank of America by 246.5% in the 2nd quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 880 shares during the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Bank of America during the third quarter worth $27,000. RMG Wealth Management LLC purchased a new position in Bank of America in the second quarter valued at $28,000. Steph & Co. raised its stake in Bank of America by 224.3% in the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock valued at $28,000 after buying an additional 379 shares in the last quarter. Finally, Legacy Bridge LLC lifted its holdings in Bank of America by 182.3% during the 4th quarter. Legacy Bridge LLC now owns 511 shares of the financial services provider’s stock worth $28,000 after buying an additional 330 shares during the last quarter. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BAC shares. Wall Street Zen cut Bank of America from a “hold” rating to a “sell” rating in a research note on Monday, January 5th. Evercore ISI set a $59.00 price objective on Bank of America in a research report on Thursday, January 15th. Morgan Stanley decreased their target price on shares of Bank of America from $68.00 to $64.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. Piper Sandler increased their target price on shares of Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Finally, TD Cowen reduced their price target on shares of Bank of America from $66.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.00.

Bank of America Stock Up 0.8%

Shares of NYSE:BAC opened at $54.47 on Wednesday. The firm’s 50-day moving average is $54.24 and its two-hundred day moving average is $51.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. Bank of America has a 1 year low of $33.06 and a 1 year high of $57.55. The firm has a market capitalization of $397.77 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 EPS. Analysts predict that Bank of America will post 3.7 EPS for the current year.

Bank of America Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. Bank of America’s payout ratio is presently 29.24%.

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.