Community Trust Bancorp

CTBI

New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York, with 225 branches in New York, New Jersey, Ohio, Florida, and Arizona. NYCB is on the list of largest banks in the United States. Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject laws regarding rent control in New York.

Community Trust Bancorp has been a target of short sellers for a while. The current short interest of 2.96% is roughly at the average of the last 12 months (1.45%).