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Bank of Montreal

BERZ
Exchange
NYSE
Industry
Commercial Banks, NEC
SEC CIK
0000927971

No open-market purchases or sales by Bank of Montreal insiders were filed in the last 90 days; 2 institutions reported holding it in 13F filings for Q2 2026, worth $242.6K in total; no superinvestor holds it.

Other share classesBMOAIQDAIQUBNKDBNKUBRZDBRZLBULZCARDCARUDULLFLYDFLYUFNGDFNGOFNGSFNGUGDXDGDXUHYGDHYGUJETDJETUJPNDJPNULQDDLQDUMNGUNRGDNRGUOILDOILUSHNYSMHDSMHUSPYUTAWNTPEIWTIDWTIUXLCDXLCUXLPDXLPU

Four kinds of short-selling data, each measuring something different:

  • Short interest: shares sold short and not yet bought back, as of a settlement date. FINRA publishes it twice a month, about eight business days after the settlement date.
  • Daily short volume: shares sold short each day in off-exchange trades reported to FINRA. It counts trades, not open positions, and is published the next day.
  • Fails-to-deliver: shares not delivered by the settlement date. The SEC publishes them twice a month, about two weeks late.
  • ATS (dark pool) volume: weekly volume on alternative trading systems and other off-exchange venues. FINRA publishes it two to four weeks after the week.

More in the glossary.

Short interest

Shares sold short and not yet bought back, from FINRA, on every settlement date in the last two years.

Short interest
86.4K
Shares, settlement Oct 30, 2026
Change
+42.6K
+97.2% vs. Oct 15, 2026
Days to cover
1.10
Short interest ÷ average daily volume
Average daily volume
78.9K
Shares, as reported by FINRA
Short interest by settlement date
Oct 31, 2024: 80,586 sharesNov 15, 2024: 73,566 sharesNov 29, 2024: 66,653 sharesDec 13, 2024: 82,881 sharesDec 31, 2024: 116,008 sharesJan 15, 2025: 174,575 sharesJan 31, 2025: 49,536 sharesFeb 14, 2025: 99,714 sharesFeb 28, 2025: 89,282 sharesMar 14, 2025: 130,449 sharesMar 31, 2025: 90,580 sharesApr 15, 2025: 41,279 sharesApr 30, 2025: 74,785 sharesMay 15, 2025: 144,951 sharesMay 30, 2025: 172,060 sharesJun 13, 2025: 100,014 sharesJun 30, 2025: 83,398 sharesJul 15, 2025: 126,443 sharesJul 31, 2025: 193,915 sharesAug 15, 2025: 137,604 sharesAug 29, 2025: 110,026 sharesSep 15, 2025: 185,213 sharesSep 30, 2025: 154,678 sharesOct 15, 2025: 408,717 sharesOct 31, 2025: 394,650 sharesNov 14, 2025: 444,941 sharesNov 28, 2025: 356,176 sharesDec 15, 2025: 254,651 sharesDec 31, 2025: 276,162 sharesJan 15, 2026: 512,922 sharesJan 30, 2026: 263,855 sharesFeb 13, 2026: 272,862 sharesFeb 27, 2026: 18,542 sharesMar 13, 2026: 18,117 sharesMar 31, 2026: 7,532 sharesApr 15, 2026: 29,514 sharesApr 30, 2026: 16,211 sharesMay 15, 2026: 26,239 sharesMay 29, 2026: 25,995 sharesJun 15, 2026: 42,973 sharesJun 30, 2026: 81,363 sharesJul 15, 2026: 54,936 sharesJul 31, 2026: 37,850 sharesAug 14, 2026: 41,583 sharesAug 31, 2026: 35,928 sharesSep 15, 2026: 33,816 sharesSep 30, 2026: 54,475 sharesOct 15, 2026: 43,825 sharesOct 30, 2026: 86,436 shares
Short interest in BERZ by settlement date
Settlement dateShort interestChangeChange %Avg. daily volumeDays to cover
Oct 30, 202686.4K+42.6K+97.2%78.9K1.10
Oct 15, 202643.8K−10.7K−19.6%39.8K1.10
Sep 30, 202654.5K+20.7K+61.1%55.9K1.00
Sep 15, 202633.8K−2.11K−5.9%48.1K1.00
Aug 31, 202635.9K−5.66K−13.6%67.0K1.00
Aug 14, 202641.6K+3.73K+9.9%89.8K1.00
Jul 31, 202637.9K−17.1K−31.1%76.4K1.00
Jul 15, 202654.9K−26.4K−32.5%50.8K1.08
Jun 30, 202681.4K+38.4K+89.3%108.8K1.00
Jun 15, 202643.0K+17.0K+65.3%103.3K1.00
May 29, 202626.0K−244−0.9%69.2K1.00
May 15, 202626.2K+10.0K+61.9%111.7K1.00
Apr 30, 202616.2K−13.3K−45.1%87.5K1.00
Apr 15, 202629.5K+22.0K+291.9%64.9K1.00
Mar 31, 20267.53K−10.6K−58.4%64.4K1.00
Mar 13, 202618.1K−425−2.3%103.4K1.00
Feb 27, 2026Split18.5K−254.3K−93.2%137.1K1.00
Feb 13, 2026272.9K+9.01K+3.4%3.17M1.00
Jan 30, 2026263.9K−249.1K−48.6%1.42M1.00
Jan 15, 2026512.9K+236.8K+85.7%1.41M1.00
Dec 31, 2025276.2K+21.5K+8.5%996.9K1.00
Dec 15, 2025254.7K−101.5K−28.5%982.5K1.00
Nov 28, 2025356.2K−88.8K−20.0%1.84M1.00
Nov 14, 2025444.9K+50.3K+12.7%1.61M1.00
Oct 31, 2025394.6K−14.1K−3.4%1.06M1.00
Oct 15, 2025408.7K+254.0K+164.2%789.3K1.00
Sep 30, 2025154.7K−30.5K−16.5%685.8K1.00
Sep 15, 2025185.2K+75.2K+68.3%458.4K1.00
Aug 29, 2025110.0K−27.6K−20.0%483.3K1.00
Aug 15, 2025137.6K−56.3K−29.0%467.0K1.00
Jul 31, 2025193.9K+67.5K+53.4%346.2K1.00
Jul 15, 2025126.4K+43.0K+51.6%319.0K1.00
Jun 30, 202583.4K−16.6K−16.6%432.1K1.00
Jun 13, 2025100.0K−72.0K−41.9%304.6K1.00
May 30, 2025172.1K+27.1K+18.7%305.9K1.00
May 15, 2025145.0K+70.2K+93.8%307.3K1.00
Apr 30, 202574.8K+33.5K+81.2%326.1K1.00
Apr 15, 202541.3K−49.3K−54.4%306.3K1.00
Mar 31, 202590.6K−39.9K−30.6%187.2K1.00
Mar 14, 2025130.4K+41.2K+46.1%204.4K1.00
Feb 28, 202589.3K−10.4K−10.5%212.9K1.00
Feb 14, 202599.7K+50.2K+101.3%143.2K1.00
Jan 31, 202549.5K−125.0K−71.6%114.9K1.00
Jan 15, 2025174.6K+58.6K+50.5%184.2K1.00
Dec 31, 2024116.0K+33.1K+40.0%150.1K1.00
Dec 13, 202482.9K+16.2K+24.4%108.3K1.00
Nov 29, 202466.7K−6.91K−9.4%54.2K1.23
Nov 15, 202473.6K−7.02K−8.7%116.0K1.00
Oct 31, 202480.6K+48.0K+147.3%118.4K1.00

Fails-to-deliver

Shares that weren't delivered by the settlement date, from the SEC, for the last 30 dates with fails. The price is the previous day's closing price published by the SEC.

Fails-to-deliver in BERZ by settlement date
Settlement dateSharesPriceValue
Oct 13, 20267,102$16.87$119.8K
Oct 9, 2026438$16.62$7.28K
Oct 7, 202629,659$15.87$470.7K
Oct 6, 202627,781$16.12$447.8K
Oct 5, 202614,165$16.30$230.9K
Oct 2, 2026888$16.71$14.8K
Sep 30, 202634,589$16.95$586.3K
Sep 29, 202633,884$17.20$582.8K
Sep 28, 202623,549$16.04$377.7K
Sep 23, 202625,782$15.47$398.8K
Sep 22, 202628,115$15.90$447.0K
Sep 21, 20266,070$17.84$108.3K
Sep 17, 202620,337$20.08$408.4K
Sep 16, 202620,930$20.31$425.1K
Sep 15, 202616,638$19.85$330.3K
Sep 14, 202614,457$19.08$275.8K
Sep 10, 2026352$18.38$6.47K
Sep 9, 202644,409$18.66$828.7K
Sep 8, 202624,613$19.17$471.8K
Sep 4, 20261,070$19.59$21.0K
Sep 3, 2026195$20.76$4.05K
Sep 2, 202638,947$21.10$821.8K
Sep 1, 202623,231$20.21$469.5K
Aug 31, 202611,727$20.48$240.2K
Aug 28, 20261,379$20.52$28.3K
Aug 27, 20261,457$21.36$31.1K
Aug 24, 202616,601$21.05$349.5K
Aug 21, 2026618$21.43$13.2K
Aug 20, 20263,218$21.35$68.7K
Aug 19, 20262,044$21.29$43.5K

Daily short volume

Off-exchange short-sale volume, not short interest: shares sold short each day in trades reported to FINRA, for the last 30 trading days.

The short volume ratio isn't a sentiment gauge: market makers sell short to fill buy orders and to hedge, so short sales are usually about half of off-exchange volume.

Off-exchange short volume in BERZ by trade date
Trade dateShort volumeShort exemptOff-exchange volumeShort volume ratio
Nov 10, 20263,94313216,77423.5%
Nov 9, 20265,37018716,66632.2%
Nov 6, 202611,8364,28434,28134.5%
Nov 5, 20267,180037,30419.2%
Nov 4, 20263,494011,42930.6%
Nov 3, 20261,78904,73037.8%
Nov 2, 202610,38380037,39027.8%
Oct 30, 202615,412073,59320.9%
Oct 29, 20268,239051,44216.0%
Oct 28, 202615,463046,66833.1%
Oct 27, 20264,12109,09345.3%
Oct 26, 20264,22206,74562.6%
Oct 23, 20268,838018,71847.2%
Oct 22, 202622,327057,56338.8%
Oct 21, 20261,40009,08415.4%
Oct 20, 20266,800011,83857.4%
Oct 19, 20262,434117,34314.0%
Oct 16, 202618,647047,90938.9%
Oct 15, 20269,509028,73733.1%
Oct 14, 20267,71510020,05038.5%
Oct 13, 20266,0657678,92068.0%
Oct 12, 20261,35205,93722.8%
Oct 9, 20266,17109,14667.5%
Oct 8, 20263,91306,17863.3%
Oct 7, 20261,47404,41733.4%
Oct 6, 20261,683017,2419.8%
Oct 5, 20261,40205,25626.7%
Oct 2, 20263,8291,8009,00942.5%
Oct 1, 20263,43409,29337.0%
Sep 30, 20264,667015,52130.1%

ATS (dark pool) volume

Weekly volume on alternative trading systems (ATS) and other off-exchange (OTC) venues, from FINRA, for the last 12 weeks. ATS share is ATS volume ÷ (ATS + OTC volume), not a share of all trading.

Weekly ATS and OTC volume in BERZ
Week ofTierATS sharesATS tradesOther OTC sharesOther OTC tradesATS share
Oct 5, 2026T223,03110433,76528740.6%
Sep 28, 2026T216,5958857,09143422.5%
Sep 21, 2026T239,63218497,51973428.9%
Sep 14, 2026T224,77912236,48550440.4%
Sep 7, 2026T25,2789933,84640313.5%
Aug 31, 2026T227,44610132,05543246.1%
Aug 24, 2026T223,3068833,95640140.7%
Aug 17, 2026T233,255156146,89760018.5%
Aug 10, 2026T213,899170256,9467075.1%
Aug 3, 2026T210,492118138,5087837.0%
Jul 27, 2026T219,252181196,8029288.9%
Jul 20, 2026T23,4674184,7866513.9%