Independent Bank Corp. (NASDAQ:INDB) Short Interest Update
MarketBeat
Independent Bank Corp. (NASDAQ:INDB - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,080,000 shares, a growth of 19.5% from the August 15th total of 1,740,000 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average daily trading volume, of 388,800 shares, the days-to-cover ratio is presently 5.3 days. Based on an average daily trading volume, of 388,800 shares, the days-to-cover ratio is presently 5.3 days. Currently, 4.2% of the shares of the company are short sold.
NASDAQ:INDB
