Summit State Bank (NASDAQ:SSBI – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 8,900 shares, an increase of 67.9% from the September 30th total of 5,300 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are short sold.