First Midwest Bancorp (FMBI) Short Interest Ratio & Short Volume

Short interest is the volume of First Midwest Bancorp shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 100 shares of FMBI short. Learn More on First Midwest Bancorp's current short interest.

First Midwest Bancorp saw a drop in short interest in February. As of February 15th, there was short interest totaling 100 shares, a drop of 100.0% from the previous total of 3,650,000 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.

Here is how the short interest of companies in the sector of "finance" compare to First Midwest Bancorp: Fulton Financial Co. (5.00%), BancFirst Co. (2.79%), Community Bank System, Inc. (3.40%), Simmons First National Co. (2.07%), First Financial Bancorp. (1.37%), First Merchants Co. (0.85%), The Bancorp, Inc. (9.35%), WesBanco, Inc. (1.43%), Trustmark Co. (2.92%), NBT Bancorp Inc. (2.44%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Co. & plc ($1.96 billion). View all of the most shorted stocks.

Short selling FMBI is an investing strategy that aims to generate trading profit from First Midwest Bancorp as its price is falling. 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.

A short squeeze for First Midwest Bancorp occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FMBI, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FMBI, twice per month. The most recent reporting period available is February, 15 2022.