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First Merchants (FRME) Short Interest Ratio & Short Volume

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$40.27 -0.47 (-1.15%)
As of 07/7/2025 04:00 PM Eastern

First Merchants Short Interest Data

First Merchants (FRME) has a short interest of 769,300 shares, representing 1.34% of the float (the number of shares available for trading by the public). This marks a 5.67% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.7, indicating that it would take 2.7 days of the average trading volume of 272,779 shares to cover all short positions.

Current Short Interest
769,300 shares
Previous Short Interest
728,000 shares
Change Vs. Previous Month
+5.67%
Dollar Volume Sold Short
$27.68 million
Short Interest Ratio
2.7 Days to Cover
Last Record Date
June 15, 2025
Outstanding Shares
58,307,000 shares
Short Percent of Float
1.34%
Today's Trading Volume
294,399 shares
Average Trading Volume
272,779 shares
Today's Volume Vs. Average
108%
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FRME Short Interest Over Time

FRME Days to Cover Over Time

FRME Percentage of Float Shorted Over Time

First Merchants Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/15/2025769,300 shares $27.68 million +5.7%1.3%2.7 $35.98
5/31/2025728,000 shares $27.57 million +3.3%1.3%2.5 $37.87
5/15/2025704,900 shares $27.68 million +11.6%1.2%2.4 $39.27
4/30/2025631,800 shares $22.52 million -9.4%N/A2.1 $35.64
4/15/2025697,500 shares $24.52 million +12.6%1.2%2.3 $35.15
3/31/2025619,500 shares $25.05 million +18.3%1.1%2.2 $40.44
3/15/2025523,500 shares $21.10 million +23.7%0.9%1.9 $40.31
2/28/2025423,100 shares $18.53 million +30.4%0.7%1.7 $43.80
2/15/2025324,400 shares $14.47 million -20.1%0.6%1.4 $44.61
1/31/2025405,800 shares $18.03 million -32.6%N/A1.6 $44.44
1/15/2025601,700 shares $24.29 million +4.9%N/A2.2 $40.37
12/31/2024573,600 shares $22.88 million +20.8%N/A2.1 $39.89
12/15/2024474,800 shares $20.50 million -10.7%N/A1.7 $43.17
11/30/2024531,400 shares $23.25 million -5.8%N/A2 $43.75
11/15/2024563,900 shares $24.52 million +20.0%N/A2.1 $43.48
10/31/2024469,900 shares $17.41 million -19.4%N/A1.8 $37.05
10/15/2024583,100 shares $22.54 million -0.1%N/A2.5 $38.66
9/30/2024583,800 shares $21.72 million -18.9%N/A2.4 $37.20
9/15/2024720,000 shares $26.45 million -13.3%N/A2.8 $36.73
8/31/2024830,800 shares $32.40 million +17.3%N/A3.5 $39.00
8/15/2024708,000 shares $25.70 million -1.2%N/A2.8 $36.30
7/31/2024716,900 shares $28.93 million +14.7%N/A2.8 $40.35
7/15/2024625,200 shares $22.96 million +24.6%N/A2.5 $36.72
6/30/2024501,700 shares $16.70 million +26.0%N/A2.1 $33.29
6/15/2024398,100 shares $12.36 million -26.4%N/A1.7 $31.04
5/31/2024540,600 shares $17.87 million -18.2%N/A2.2 $33.05
5/15/2024661,100 shares $23.73 million +18.8%N/A2.6 $35.89
4/30/2024556,500 shares $18.60 million +10.6%N/A2.1 $33.42
4/15/2024503,300 shares $16.54 million -0.3%N/A1.8 $32.86
3/31/2024504,600 shares $17.61 million -7.2%N/A1.9 $34.90
3/15/2024543,500 shares $17.82 million +10.0%N/A2.1 $32.78
2/29/2024493,900 shares $16.40 million +10.4%N/A1.8 $33.20
2/15/2024447,500 shares $15.61 million +11.9%N/A1.8 $34.88
1/31/2024400,000 shares $13.52 million -18.8%N/A1.7 $33.81
1/15/2024492,800 shares $17.16 million +8.1%N/A2.3 $34.83
12/31/2023455,800 shares $16.90 million -7.8%N/A2.2 $37.08
12/15/2023494,200 shares $18.11 million +3.7%N/A2.4 $36.64
11/30/2023476,400 shares $14.61 million -22.2%N/A2.5 $30.67
11/15/2023612,600 shares $19.54 million +6.1%N/A3.4 $31.89
10/31/2023577,600 shares $15.77 million -2.0%N/A3.4 $27.31
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10/15/2023589,100 shares $16.08 million +5.8%N/A3.4 $27.30
9/30/2023556,900 shares $15.49 million +9.7%N/A3.2 $27.82
9/15/2023507,600 shares $14.71 million +2.7%N/A2.5 $28.97
8/31/2023494,400 shares $14.75 million +4.8%N/A2.2 $29.84
8/15/2023472,000 shares $14.50 million -14.1%N/A2 $30.72
7/31/2023549,500 shares $17.65 million -7.4%N/A2.2 $32.12
7/15/2023593,600 shares $17.56 million -0.8%N/A2.2 $29.59
6/30/2023598,200 shares $16.89 million -16.1%N/A2.2 $28.23
6/15/2023713,100 shares $20.54 million +9.2%N/A2.7 $28.81
5/31/2023653,200 shares $17.28 million -7.8%N/A2.5 $26.45
5/15/2023708,100 shares $18.08 million +18.9%N/A2.8 $25.53
4/30/2023595,600 shares $17.38 million +7.2%N/A2.6 $29.18
4/15/2023555,800 shares $16.66 million +0.8%N/A2.7 $29.97
3/31/2023551,400 shares $18.17 million -2.5%N/A2.8 $32.95
3/15/2023565,500 shares $20.11 million +12.2%N/A3 $35.56
2/28/2023503,900 shares $20.62 million -7.7%N/A3.2 $40.92
2/15/2023546,100 shares $23.07 million -6.1%N/A3.4 $42.24
1/31/2023581,600 shares $24.80 million +0.8%N/A3.6 $42.64
1/15/2023576,900 shares $24.37 million +15.4%N/A3.5 $42.24
12/30/2022499,800 shares $20.55 million +4.2%N/A3 $41.11
12/15/2022479,900 shares $18.71 million +14.4%N/A2.9 $38.98
11/30/2022419,400 shares $18.54 million -18.8%N/A2.5 $44.21
11/15/2022516,400 shares $22.28 million -28.2%N/A3.2 $43.14
10/31/2022719,400 shares $32.30 million -14.2%N/A4.5 $44.90
10/15/2022838,100 shares $35.21 million +13.2%N/A5.2 $42.01
9/30/2022740,600 shares $28.65 million -7.5%N/A4.6 $38.68
9/15/2022800,500 shares $32.72 million +6.0%N/A4.8 $40.88
8/31/2022755,000 shares $30.06 million -7.9%N/A4.6 $39.82
8/15/2022819,800 shares $35.74 million -2.5%N/A4.7 $43.59
7/31/2022840,500 shares $34.91 million -1.2%N/A4.5 $41.53
7/15/2022850,800 shares $30.07 million -3.6%N/A4.1 $35.34
6/30/2022882,200 shares $31.42 million +8.2%N/A4 $35.62
6/15/2022815,200 shares $30.47 million +6.6%1.7%3.2 $37.38
5/31/2022764,800 shares $31.48 million +7.2%N/A2.9 $41.16
5/15/2022713,500 shares $28.08 million -12.0%N/A2.5 $39.36
4/30/2022811,000 shares $31.78 million +23.0%N/A2.9 $39.19
4/15/2022659,300 shares $26.27 million -50.1%N/A2.4 $39.85
3/31/20221,320,000 shares $54.91 million -11.4%N/A0 $41.60
3/15/20221,490,000 shares $64.76 million +27.4%2.8%6.7 $43.46
2/28/20221,170,000 shares $51.18 million +8.3%2.2%5.4 $43.74
2/15/20221,080,000 shares $47.26 million +10.8%2.1%5.4 $43.76
1/31/2022974,900 shares $41.37 million +8.4%1.9%5 $42.43
1/15/2022899,500 shares $41.18 million +9.0%N/A0 $45.78
12/31/2021825,400 shares $34.58 million +9.2%1.6%4.7 $41.89
12/15/2021756,000 shares $31.32 million +23.9%1.4%4.5 $41.43
11/30/2021610,400 shares $24.35 million -11.8%1.2%3.6 $39.89
11/15/2021692,100 shares $29.68 million +44.4%1.3%4.2 $42.89
10/29/2021479,300 shares $19.93 million +2.5%0.9%3 $41.58
10/15/2021467,800 shares $20.07 million -12.0%0.9%3.1 $42.90
9/30/2021531,500 shares $22.24 million -9.0%1.0%3.4 $41.84
$100 Trillion “AI Metal” Found in American Ghost Town (Ad)

Jeff Brown recently traveled to a ghost town in the middle of an American desert… To investigate what could be the biggest technology story of this decade. In short, he believes what he's holding in his hand is the key to the $100 trillion AI boom… And only one company here in the U.S. can mine this obscure metal.

Click here to get the details on this virtual monopoly.
9/15/2021583,800 shares $22.92 million +21.4%1.1%3.4 $39.26
8/31/2021480,900 shares $19.79 million -10.6%0.9%3.1 $41.15
8/13/2021537,900 shares $23.08 million -23.6%1.0%3.2 $42.90
7/30/2021704,300 shares $28.69 million +2.6%1.3%4 $40.73
7/15/2021686,500 shares $28.04 million +9.8%1.3%3.9 $40.85
6/30/2021625,300 shares $26.06 million -5.9%1.2%3.7 $41.67
6/15/2021664,600 shares $29.38 million +1.8%1.2%4.2 $44.20
5/28/2021652,800 shares $30.25 million -11.6%1.2%4.1 $46.34
5/14/2021738,200 shares $34.55 million -3.7%N/A4.4 $46.80
4/30/2021766,800 shares $35.79 million +5.9%N/A4.5 $46.68
4/15/2021724,100 shares $33.95 million -12.3%N/A0 $46.89
3/31/2021826,000 shares $39.10 million +6.4%N/A4.7 $47.34
3/15/2021776,600 shares $38.86 million +4.5%N/A4 $50.04
2/26/2021743,400 shares $31.94 million +2.8%N/A3.9 $42.96
2/12/2021723,400 shares $30.05 million -12.2%N/A3.9 $41.54
1/29/2021824,000 shares $31.94 million -1.3%N/A4.2 $38.76
1/15/2021834,600 shares $34.56 million -9.9%N/A4.1 $41.41
12/31/2020926,400 shares $34.48 million +23.1%N/A4.5 $37.22
12/15/2020752,800 shares $27.42 million -8.2%N/A3.7 $36.42
11/30/2020819,900 shares $28.46 million +52.5%N/A3.9 $34.71
11/15/2020537,500 shares $16.86 million +34.8%N/A2.5 $31.36
10/30/2020398,700 shares $10.45 million -19.8%N/A2 $26.20
10/15/2020496,800 shares $12.19 million +22.5%N/A2.5 $24.54
9/30/2020405,600 shares $9.39 million -3.2%N/A1.9 $23.16
9/15/2020418,900 shares $10.15 million +15.6%N/A1.9 $24.22
8/31/2020362,500 shares $9.27 million -25.9%N/A1.6 $25.58
8/14/2020489,200 shares $13.03 million +14.8%N/A2.1 $26.64
7/31/2020426,000 shares $10.41 million -14.8%N/A1.8 $24.43
7/15/2020500,200 shares $12.23 million -16.8%N/A2.1 $24.46

FRME Short Interest - Frequently Asked Questions

What is First Merchants' current short interest?

Short interest is the volume of First Merchants shares that have been sold short but have not yet been covered or closed out. As of June 15th, traders have sold 769,300 shares of FRME short. 1.34% of First Merchants' shares are currently sold short. Learn More on First Merchants' current short interest.

What is a good short interest ratio for First Merchants?

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. FRME shares currently have a short interest ratio of 3.0. Learn More on First Merchants's short interest ratio.

What is a good short interest percentage for First Merchants?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.34% of First Merchants' floating shares are currently sold short.

Is First Merchants' short interest increasing or decreasing?

First Merchants saw a increase in short interest in June. As of June 15th, there was short interest totaling 769,300 shares, an increase of 5.7% from the previous total of 728,000 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.

How does First Merchants' short interest compare to its competitors?

1.34% of First Merchants' shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to First Merchants: Enterprise Financial Services Corporation (1.88%), First Financial Bancorp. (1.26%), Fulton Financial Corporation (2.74%), Origin Bancorp, Inc. (1.56%), Pacific Premier Bancorp Inc (1.79%), S&T Bancorp, Inc. (1.97%), Towne Bank (1.93%), United Bankshares, Inc. (2.69%), WesBanco, Inc. (2.06%), WSFS Financial Corporation (2.62%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($69.26 billion), Invesco QQQ ($25.22 billion), iShares Russell 2000 ETF ($20.33 billion), iShares 20+ Year Treasury Bond ETF ($9.99 billion), MicroStrategy Incorporated ($9.12 billion), Canadian Natural Resources Limited ($6.73 billion), SPDR S&P Biotech ETF ($6.52 billion), Invesco S&P 500 Equal Weight ETF ($5.60 billion), Financial Select Sector SPDR Fund ($4.64 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.59 billion). View all of the most shorted stocks.

What does it mean to sell short First Merchants stock?

Short selling FRME is an investing strategy that aims to generate trading profit from First Merchants as its price is falling. FRME shares are trading down $0.47 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 First Merchants?

A short squeeze for First Merchants 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 FRME, which in turn drives the price of the stock up even further.

How often is First Merchants' 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 FRME, twice per month. The most recent reporting period available is June, 15 2025.




This page (NASDAQ:FRME) was last updated on 7/8/2025 by MarketBeat.com Staff
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