Independent Bank (INDB) Short Interest Ratio & Short Volume

$60.59

-1.81 (-2.90%)

(As of 09/20/2024 ET)

Independent Bank Short Interest Data

Independent Bank (INDB) has a short interest of 864,000 shares. This marks a 4.52% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.1, indicating that it would take 3.1 days of the average trading volume of 279,583 shares to cover all short positions.

Current Short Interest: 864,000 shares
Previous Short Interest: 826,600 shares
Change Vs. Previous Month: +4.52%
Dollar Volume Sold Short: $54.70 million
Short Interest Ratio: 3.1 Days to Cover
Last Record Date: August 31, 2024

Outstanding Shares: 42,466,000 shares
Percentage of Shares Shorted: 2.03%
Today's Trading Volume: 1,126,390 shares
Average Trading Volume: 279,583 shares
Today's Volume Vs. Average: 403%

Short Selling Independent Bank?

cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Independent Bank and its competitors with MarketBeat's FREE newsletter.

Short Interest Chart Days to Cover Chart Short Percent of Float Chart

INDB Short Interest Over Time

INDB Days to Cover Over Time

INDB Percentage of Float Shorted Over Time

Ad Eagle Publishing

The Perfect Storm for an EV Revolt

With constant talk about Artifical Intelligence, inflation, and the upcoming election clogging the airwaves... Not many people realize there’s a "perfect storm" for profits unfolding in the auto industry - today. Or that cars and trucks are actually the world’s biggest business.

Click here for details...

Independent Bank Short Interest History

Export to Excel

Report Date	Total Shares Sold Short	Dollar Volume Sold Short	Change from Previous Report	Percentage of Float Shorted	Days to Cover	Price on Report Date
8/31/2024	864,000 shares	$54.70 million	+4.5%	N/A	3.1	$63.31
8/15/2024	826,600 shares	$49.03 million	+10.9%	N/A	2.9	$59.31
7/31/2024	745,200 shares	$47.80 million	+23.2%	N/A	2.6	$64.15
7/15/2024	605,100 shares	$32.88 million	+2.6%	N/A	2.1	$54.34
6/30/2024	589,800 shares	$29.91 million	-22.1%	N/A	2.2	$50.72
6/15/2024	757,400 shares	$35.20 million	-10.3%	N/A	2.8	$46.48
Get the Latest News and Ratings for INDB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Independent Bank and its competitors with MarketBeat's FREE daily newsletter.
5/31/2024	844,100 shares	$42.87 million	-3.8%	N/A	3.2	$50.79
5/15/2024	877,700 shares	$45.81 million	-5.9%	N/A	3.3	$52.19
4/30/2024	933,100 shares	$46.88 million	+13.1%	N/A	3.3	$50.24
4/15/2024	824,900 shares	$40.17 million	+14.4%	N/A	2.7	$48.70
3/31/2024	721,200 shares	$37.52 million	-10.8%	N/A	2.4	$52.02
3/15/2024	808,100 shares	$40.35 million	-0.5%	N/A	2.9	$49.93
2/29/2024	811,800 shares	$42.35 million	+7.8%	N/A	2.9	$52.17
2/15/2024	753,200 shares	$40.67 million	-2.6%	N/A	2.7	$53.99
1/31/2024	773,000 shares	$43.36 million	+3.9%	N/A	2.9	$56.09
1/15/2024	743,900 shares	$46.61 million	+4.7%	N/A	3.1	$62.65
12/31/2023	710,500 shares	$46.76 million	-18.5%	N/A	3.1	$65.81
12/15/2023	871,300 shares	$56.90 million	+5.3%	N/A	3.7	$65.31
11/30/2023	827,400 shares	$47.18 million	+0.8%	N/A	3.6	$57.02
11/15/2023	820,700 shares	$46.65 million	+7.5%	N/A	3.7	$56.84
10/31/2023	763,700 shares	$37.27 million	-9.9%	N/A	3.4	$48.80
10/15/2023	848,000 shares	$40.09 million	+3.4%	N/A	3.7	$47.28
9/30/2023	820,100 shares	$40.26 million	-11.5%	N/A	3.4	$49.09
9/15/2023	926,300 shares	$47.37 million	+17.2%	N/A	3.8	$51.14
8/31/2023	790,700 shares	$42.71 million	-3.0%	N/A	3.2	$54.02
8/15/2023	815,300 shares	$44.83 million	-13.7%	N/A	3.2	$54.99
7/31/2023	944,800 shares	$56.92 million	-12.5%	N/A	3.6	$60.25
7/15/2023	1,080,000 shares	$52.95 million	-3.6%	N/A	3.9	$49.03
6/30/2023	1,120,000 shares	$49.85 million	-15.2%	N/A	4.3	$44.51
6/15/2023	1,320,000 shares	$65.51 million	+0.8%	N/A	5	$49.63
5/31/2023	1,310,000 shares	$57.82 million	+20.2%	N/A	4.4	$44.14
5/15/2023	1,090,000 shares	$50.55 million	-7.6%	N/A	3.7	$46.38
4/30/2023	1,180,000 shares	$66.08 million	+7.3%	N/A	4.3	$56.00
4/15/2023	1,100,000 shares	$67.91 million	-5.2%	N/A	4	$61.74
3/31/2023	1,160,000 shares	$76.12 million	-10.1%	N/A	4.3	$65.62
3/15/2023	1,290,000 shares	$86.95 million	+7.5%	N/A	4.9	$67.40
2/28/2023	1,200,000 shares	$95.62 million	+9.1%	N/A	5.8	$79.68
2/15/2023	1,100,000 shares	$88.96 million	+5.8%	N/A	5.6	$80.87
1/31/2023	1,040,000 shares	$82.88 million	+7.7%	N/A	5.2	$79.69
1/15/2023	965,600 shares	$78.89 million	-5.3%	N/A	5	$81.70
The Perfect Storm for an EV Revolt (Ad) With constant talk about Artifical Intelligence, inflation, and the upcoming election clogging the airwaves... Not many people realize there’s a "perfect storm" for profits unfolding in the auto industry - today. Or that cars and trucks are actually the world’s biggest business. Click here for details...
12/30/2022	1,020,000 shares	$86.12 million	+12.2%	N/A	5.5	$84.43
12/15/2022	909,400 shares	$74.66 million	-15.8%	N/A	5.1	$82.10
11/30/2022	1,080,000 shares	$97.76 million	+10.3%	N/A	6.1	$90.52
11/15/2022	979,400 shares	$84.23 million	-4.0%	N/A	5.4	$86.00
10/31/2022	1,020,000 shares	$88.75 million	-18.4%	N/A	5.4	$87.01
10/15/2022	1,250,000 shares	$101.01 million	+19.1%	N/A	6.6	$80.81
9/30/2022	1,050,000 shares	$78.26 million	+5.1%	N/A	5.6	$74.53
9/15/2022	998,800 shares	$77.58 million	-4.0%	N/A	5	$77.67
8/31/2022	1,040,000 shares	$81.36 million	-4.6%	N/A	5.1	$78.23
8/15/2022	1,090,000 shares	$95.38 million	+15.7%	N/A	5.7	$87.50
7/31/2022	942,500 shares	$78.98 million	-0.6%	N/A	4.8	$83.80
7/15/2022	948,400 shares	$75.15 million	-0.9%	N/A	4.8	$79.24
6/30/2022	956,900 shares	$76.01 million	-5.3%	N/A	4.7	$79.43
6/15/2022	1,010,000 shares	$80.51 million	+1.4%	N/A	5	$79.71
5/31/2022	995,900 shares	$82.96 million	+8.8%	N/A	5.2	$83.30
5/15/2022	915,700 shares	$70.33 million	+3.8%	N/A	4.5	$76.81
4/30/2022	881,800 shares	$68.04 million	-2.4%	N/A	4.5	$77.16
4/15/2022	903,200 shares	$70.85 million	-6.2%	N/A	4.6	$78.44
3/31/2022	963,200 shares	$78.68 million	-5.6%	N/A	5	$81.69
3/15/2022	1,020,000 shares	$85.50 million	+12.1%	N/A	5.4	$83.82
2/28/2022	909,800 shares	$78.25 million	-7.1%	N/A	4.1	$86.01
2/15/2022	979,600 shares	$85.49 million	+9.2%	N/A	4.4	$87.27
1/31/2022	897,400 shares	$75.70 million	+8.4%	N/A	2.8	$84.35
1/15/2022	827,900 shares	$72.02 million	+7.0%	N/A	2.6	$86.99
12/31/2021	774,000 shares	$63.10 million	-14.6%	N/A	2.4	$81.53
12/15/2021	906,000 shares	$73.14 million	-6.9%	N/A	2.8	$80.73
11/30/2021	973,000 shares	$76.93 million	-47.7%	N/A	3.3	$79.06
11/15/2021	1,860,000 shares	$162.81 million	-13.9%	N/A	7	$87.53
10/29/2021	2,160,000 shares	$182.52 million	+23.4%	N/A	11.7	$84.50
10/15/2021	1,750,000 shares	$140.74 million	-9.8%	N/A	10.2	$80.42
9/30/2021	1,940,000 shares	$147.73 million	-1.0%	N/A	11.8	$76.15
9/15/2021	1,960,000 shares	$137.71 million	-1.5%	N/A	11.6	$70.26
8/31/2021	1,990,000 shares	$152.63 million	+17.8%	N/A	10.7	$76.70
8/13/2021	1,690,000 shares	$128.66 million	-21.0%	N/A	8.6	$76.13
7/30/2021	2,140,000 shares	$151.26 million	+9.2%	N/A	11	$70.68
7/15/2021	1,960,000 shares	$142.14 million	+3.2%	N/A	8.8	$72.52
6/30/2021	1,900,000 shares	$143.45 million	+43.9%	N/A	8.7	$75.50
6/15/2021	1,320,000 shares	$105.52 million	+10.0%	N/A	6.6	$79.94
5/28/2021	1,200,000 shares	$97.93 million	+8.1%	N/A	6.2	$81.61
5/14/2021	1,110,000 shares	$87.42 million	+13.8%	3.4%	6	$78.76
4/30/2021	975,200 shares	$81.04 million	+57.0%	3.0%	5.4	$83.10
4/15/2021	621,100 shares	$51.05 million	-2.8%	1.9%	3.9	$82.19
3/31/2021	638,900 shares	$54.22 million	-6.7%	2.0%	4.4	$84.86
3/15/2021	684,700 shares	$67.53 million	-2.2%	2.1%	4.4	$98.62
2/26/2021	699,900 shares	$60.44 million	-4.6%	2.2%	5.1	$86.36
2/12/2021	733,400 shares	$59.37 million	-8.4%	2.3%	5.4	$80.95
1/29/2021	800,500 shares	$61.21 million	-0.2%	2.5%	6.2	$76.47
1/15/2021	801,900 shares	$64.08 million	-0.7%	2.5%	5.9	$79.91
12/31/2020	807,800 shares	$58.98 million	+5.3%	2.5%	5.7	$73.01
12/15/2020	767,400 shares	$57.64 million	+6.0%	2.4%	5.4	$75.11
The Perfect Storm for an EV Revolt (Ad) With constant talk about Artifical Intelligence, inflation, and the upcoming election clogging the airwaves... Not many people realize there’s a "perfect storm" for profits unfolding in the auto industry - today. Or that cars and trucks are actually the world’s biggest business. Click here for details...
11/30/2020	724,100 shares	$51.40 million	-7.3%	2.2%	4.7	$70.98
11/15/2020	781,400 shares	$53.60 million	+9.2%	2.4%	5	$68.60
10/30/2020	715,600 shares	$40.44 million	-0.9%	2.2%	4.9	$56.51
10/15/2020	722,400 shares	$37.26 million	-1.4%	2.2%	5.2	$51.58
9/30/2020	732,800 shares	$38.38 million	-19.7%	2.3%	5.7	$52.38
9/15/2020	912,200 shares	$51.68 million	-9.7%	2.8%	7	$56.65
8/31/2020	1,010,000 shares	$63.48 million	-6.5%	3.1%	8	$62.85
8/14/2020	1,080,000 shares	$74.25 million	+0.9%	3.3%	7.9	$68.75
7/31/2020	1,070,000 shares	$69.04 million	-3.6%	3.3%	7	$64.52
7/15/2020	1,110,000 shares	$69.79 million	-8.3%	3.4%	6.6	$62.87
6/30/2020	1,210,000 shares	$78.03 million	No Change	3.7%	6.6	$64.49
6/15/2020	1,210,000 shares	$79.58 million	-1.6%	3.7%	5.6	$65.77
5/29/2020	1,230,000 shares	$88.17 million	-0.8%	3.8%	5.2	$71.68
5/15/2020	1,240,000 shares	$69.79 million	+1.6%	3.8%	5.1	$56.28
4/30/2020	1,220,000 shares	$88.93 million	+8.9%	3.8%	5.3	$72.89
4/15/2020	1,120,000 shares	$74.37 million	+3.7%	3.4%	5.1	$66.40
3/31/2020	1,080,000 shares	$72.28 million	-0.5%	3.3%	5	$66.93
3/13/2020	1,085,500 shares	$77.75 million	+26.5%	3.2%	5.4	$71.63
2/28/2020	858,400 shares	$45.25 million	+5.5%	2.6%	5.8	$52.71
2/14/2020	814,000 shares	$50.28 million	-2.8%	2.4%	6	$61.77
1/31/2020	837,000 shares	$58.92 million	-2.0%	2.5%	6.3	$70.39
1/15/2020	854,000 shares	$64.64 million	-1.0%	2.5%	6.6	$75.69
12/31/2019	862,400 shares	$65.53 million	+13.0%	2.6%	6.9	$75.98

INDB Short Interest - Frequently Asked Questions

What is Independent Bank's current short interest?: Short interest is the volume of Independent Bank shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 864,000 shares of INDB short. Learn More on Independent Bank's current short interest.
What is a good short interest ratio for Independent Bank?: The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. INDB shares currently have a short interest ratio of 3.0. Learn More on Independent Bank's short interest ratio.
Which institutional investors are shorting Independent Bank?: As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Independent Bank: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.
Is Independent Bank's short interest increasing or decreasing?: Independent Bank saw a increase in short interest in August. As of August 31st, there was short interest totaling 864,000 shares, an increase of 4.5% from the previous total of 826,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Independent Bank's short interest compare to its competitors?: Here is how the short interest of companies in the sector of "finance" compare to Independent Bank: Hilltop Holdings Inc. (2.89%), Associated Banc-Corp (4.48%), United Community Banks, Inc. (1.69%), Western Alliance Bancorporation (4.68%), First Horizon Co. (1.21%), Commerce Bancshares, Inc. (1.28%), Webster Financial Co. (2.04%), Pinnacle Financial Partners, Inc. (2.33%), Popular, Inc. (1.17%), Cullen/Frost Bankers, Inc. (5.53%),
Which stocks are the most shorted right now?: As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.
What does it mean to sell short Independent Bank stock?: Short selling INDB is an investing strategy that aims to generate trading profit from Independent Bank as its price is falling. INDB shares are trading down $1.81 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.
How does a short squeeze work against Independent Bank?: A short squeeze for Independent Bank occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of INDB, which in turn drives the price of the stock up even further.
How often is Independent Bank's short interest reported?: Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including INDB, twice per month. The most recent reporting period available is August, 31 2024.