Bank of Nova Scotia BNS
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Bank of Nova Scotia (BNS) Business Model and Operations Summary
Bank of Nova Scotia is a global financial services provider with over CAD 1.4 trillion in assets. The bank has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in the Latin America region.
Key Insights
Bank of Nova Scotia (BNS) Core Market Data and Business Metrics
Latest Closing Price
$48.37Market Cap
$60.25 BillionTotal Outstanding Shares
1.25 Billion SharesTotal Employees
88,722Dividend
$1.06 Per Share QuarterlyIPO Date
January 27, 1969SIC Description
State Commercial BanksPrimary Exchange
New York Stock ExchangeHeadquarters
44 King Street West, Toronto, A6, M5H 1H1
Historical Stock Splits
If you bought 1 share of BNS before June 27, 2014, you'd have 1.08 shares today.
| Execution Date | Split Amount |
|---|---|
| June 30, 2016 | 1.01091565684-for-1 |
| April 1, 2016 | 1.01099763906-for-1 |
| December 31, 2015 | 1.01260555963-for-1 |
| July 2, 2015 | 1.01068809281-for-1 |
| April 2, 2015 | 1.01014203003-for-1 |
| October 3, 2014 | 1.009758-for-1 |
| June 27, 2014 | 1.0087219-for-1 |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 35,439,676 Shares | +23.60% | 3/14/2025 | 22.94 |
| 28,673,777 Shares | +8.73% | 2/28/2025 | 19.03 |
| 26,372,515 Shares | +10.14% | 2/14/2025 | 15.43 |
| 23,944,674 Shares | -23.26% | 1/31/2025 | 15.83 |
| 31,204,229 Shares | +3.12% | 1/15/2025 | 10.89 |
| 30,259,131 Shares | +26.74% | 12/31/2024 | 35.93 |
Historical Dividends
Current dividend: $1.06 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Dec 3, 2024 | Apr 28, 2025 | Apr 1, 2025 | $1.06 | Quarterly |
| Dec 3, 2024 | Jan 29, 2025 | Jan 7, 2025 | $1.06 | Quarterly |
| Aug 27, 2024 | Oct 29, 2024 | Oct 2, 2024 | $1.06 | Quarterly |
| May 28, 2024 | Jul 29, 2024 | Jul 3, 2024 | $1.06 | Quarterly |
| Feb 27, 2024 | Apr 26, 2024 | Apr 2, 2024 | $1.06 | Quarterly |
| Nov 28, 2023 | Jan 29, 2024 | Jan 3, 2024 | $1.06 | Quarterly |