First Merchants (FRMEP) Short Interest Ratio & Short Volume

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 February 15th, traders have sold 300 shares of FRMEP short. Learn More on First Merchants' current short interest.

First Merchants saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 300 shares, a drop of 70.0% from the previous total of 1,000 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 industry of "banks - regional" compare to First Merchants: Burke & Herbert Financial Services Corp. (2.60%), Grupo Financiero Galicia S.A. (3.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling FRMEP is an investing strategy that aims to generate trading profit from First Merchants as its price is falling. FRMEP shares are trading up $0.01 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.

A short squeeze for First Merchants 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 FRMEP, 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 FRMEP, twice per month. The most recent reporting period available is February, 15 2024.