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Mercantile Bank (MBWM) Short Interest Ratio & Short Volume

Mercantile Bank logo
$60.92 +0.33 (+0.55%)
As of 10:28 AM Eastern
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Mercantile Bank Short Interest Overview

As of July 15, 2026, Mercantile Bank (MBWM) had a short interest of 425,898 shares sold short, representing 2.53% of the public float. This marks a -6.89% decrease in short interest since the prior report. The short interest ratio (days to cover) is 4.1, meaning it would take 4.1 days of the average trading volume of 121,056 shares to cover all short positions.

Current Short Interest
425,898 shares
Previous Short Interest
457,433 shares
Change Vs. Previous Month
-6.89%
Dollar Volume Sold Short
$24.61 million
Short Interest Ratio
4.1 Days to Cover
Last Record Date
July 15, 2026
Outstanding Shares
17,290,000 shares
Short Percent of Float
2.53%
Today's Trading Volume
1,236 shares
Average Trading Volume
121,056 shares
Today's Volume Vs. Average
1%
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Short Interest ChartDays to Cover ChartShort Percent of Float Chart

MBWM Short Interest Over Time

MBWM Days to Cover Over Time

MBWM Percentage of Float Shorted Over Time

Mercantile Bank Tesla Short Interest History & Recent Changes

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Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/15/2026425,898 shares $24.61 million -6.9%2.5%4.1 $57.79
6/30/2026457,433 shares $26.27 million +27.8%2.7%2.64 $57.42
6/15/2026358,059 shares $19.25 million +18.6%2.1%2.56 $53.76
5/29/2026302,011 shares $16.00 million +12.0%1.8%2.4 $52.99
5/15/2026269,707 shares $13.45 million -13.1%1.6%2.66 $49.87
4/30/2026310,343 shares $15.92 million +6.7%1.8%2.59 $51.31
4/15/2026290,873 shares $15.42 million -17.9%1.7%2.54 $53.03
3/31/2026354,221 shares $17.89 million +39.4%2.1%2.63 $50.50
3/13/2026254,105 shares $12.68 million +12.4%1.5%2.18 $49.92
2/27/2026226,103 shares $11.68 million +2.1%1.4%3.3 $51.66
2/13/2026221,370 shares $11.94 million +27.3%1.3%2.91 $53.92
1/30/2026173,950 shares $9.04 million -3.0%1.0%1.55 $51.98
1/15/2026179,256 shares $9.05 million -23.2%1.1%1.81 $50.46
12/31/2025233,429 shares $11.23 million +8.3%1.5%1.89 $48.10
12/15/2025215,566 shares $10.76 million +0.7%1.4%2.99 $49.93
11/28/2025214,024 shares $9.85 million +6.1%1.4%3.35 $46.03
11/14/2025201,756 shares $9.18 million +5.7%1.3%4.28 $45.50
10/31/2025190,875 shares $8.37 million -12.2%1.2%2.93 $43.85
10/15/2025217,400 shares $9.89 million +16.7%1.4%3.6 $45.48
9/30/2025186,300 shares $8.38 million +32.7%1.2%2.9 $45.00
9/15/2025140,400 shares $6.66 million +12.4%0.9%2 $47.45
8/31/2025124,900 shares $6.15 million +6.6%0.8%1.6 $49.25
8/15/2025117,200 shares $5.43 million +0.4%0.8%1.5 $46.29
7/31/2025116,700 shares $5.33 million +4.2%0.8%1.5 $45.69
7/15/2025112,000 shares $5.35 million -11.0%0.7%1.5 $47.80
6/30/2025125,900 shares $5.84 million -12.9%0.8%1.9 $46.41
6/15/2025144,500 shares $6.29 million +3.9%0.9%2.4 $43.52
5/31/2025139,100 shares $6.19 million -11.8%0.9%2.4 $44.52
5/15/2025157,700 shares $7.30 million +9.7%1.0%2.7 $46.32
4/30/2025143,700 shares $6.08 million +2.4%0.9%2.2 $42.31
4/15/2025140,400 shares $5.57 million +20.5%0.9%2 $39.69
3/31/2025116,500 shares $5.06 million +57.2%0.8%1.6 $43.44
3/15/202574,100 shares $3.31 million +14.5%0.5%1 $44.71
2/28/202564,700 shares $3.12 million -21.2%0.4%0.9 $48.21
2/15/202582,100 shares $3.99 million -41.7%0.5%1.1 $48.63
1/31/2025140,800 shares $6.87 million -12.2%0.9%2 $48.81
1/15/2025160,300 shares $7.11 million +10.0%1.1%2.4 $44.38
12/31/2024145,700 shares $6.48 million +137.7%1.0%2.3 $44.49
12/15/202461,300 shares $3.01 million +7.4%0.4%1 $49.15
11/30/202457,100 shares $2.86 million -53.5%0.4%0.9 $50.05
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11/15/2024122,900 shares $6.03 million -2.6%0.8%2 $49.10
10/31/2024126,200 shares $5.41 million -22.1%0.8%2.1 $42.86
10/15/2024162,000 shares $7.22 million +91.3%1.1%2.7 $44.59
9/30/202484,700 shares $3.70 million -38.3%0.6%1.3 $43.72
9/15/2024137,300 shares $6.06 million -13.9%0.9%1.8 $44.16
8/31/2024159,400 shares $7.33 million -5.6%1.0%2.2 $45.98
8/15/2024168,800 shares $7.24 million -13.4%1.1%2.5 $42.87
7/31/2024194,800 shares $9.42 million -26.5%1.3%2.9 $48.36
7/15/2024265,100 shares $11.70 million +42.5%1.8%4 $44.12
6/30/2024186,100 shares $7.55 million +35.4%1.2%3 $40.57
6/15/2024137,400 shares $4.96 million +3.6%0.9%2.4 $36.10
5/31/2024132,600 shares $5.08 million -25.5%0.9%2.1 $38.31
5/15/2024177,900 shares $7.09 million +10.7%1.2%2.6 $39.86
4/30/2024160,700 shares $5.80 million -12.0%1.0%2.2 $36.08
4/15/2024182,500 shares $6.47 million +22.0%1.2%2.3 $35.46
3/31/2024149,600 shares $5.76 million -3.9%1.0%1.9 $38.49
3/15/2024155,600 shares $5.56 million +47.8%1.0%2 $35.72
2/29/2024105,300 shares $3.88 million -14.7%0.7%1.4 $36.84
2/15/2024123,400 shares $4.81 million -10.5%0.8%1.8 $38.96
1/31/2024137,800 shares $5.52 million +20.1%0.9%2.2 $40.09
1/15/2024114,700 shares $4.34 million -4.8%0.7%2.2 $37.85
12/31/2023120,500 shares $4.87 million +5.2%0.8%3 $40.38
12/15/2023114,500 shares $4.54 million +26.2%0.7%2.9 $39.65
11/30/202390,700 shares $3.12 million -24.2%0.6%2.7 $34.39
11/15/2023119,700 shares $4.39 million +5.5%0.8%3.5 $36.65
10/31/2023113,500 shares $3.74 million +4.2%0.7%3.4 $32.94
10/15/2023108,900 shares $3.33 million -8.8%0.7%3.1 $30.56
9/30/2023119,400 shares $3.69 million +0.8%0.8%3.1 $30.91
9/15/2023118,500 shares $3.82 million -19.1%0.8%3 $32.25
8/31/2023146,400 shares $4.89 million +18.4%1.0%3.6 $33.38
8/15/2023123,700 shares $4.19 million -4.2%0.8%3.1 $33.90
7/31/2023129,100 shares $4.53 million +40.8%0.8%3.2 $35.12
7/15/202391,700 shares $2.65 million -0.4%0.6%2.3 $28.91
6/30/202392,100 shares $2.54 million -8.5%0.6%2.4 $27.62
6/15/2023100,700 shares $3.04 million -6.5%0.7%2.6 $30.19
5/31/2023107,700 shares $2.80 million -8.1%0.7%2.5 $26.03
5/15/2023117,200 shares $2.91 million -14.4%0.8%2.5 $24.86
4/30/2023136,900 shares $3.84 million +26.9%0.9%3 $28.06
4/15/2023107,900 shares $3.11 million -4.4%0.7%2.4 $28.82
3/31/2023112,900 shares $3.45 million +17.9%0.8%2.6 $30.58
3/15/202395,800 shares $3.01 million +0.7%0.7%2.3 $31.41
2/28/202395,100 shares $3.29 million -0.5%0.7%2.5 $34.59
2/15/202395,600 shares $3.35 million -0.2%0.7%2.8 $34.99
1/31/202395,800 shares $3.29 million -24.3%0.7%3 $34.33
1/15/2023126,600 shares $4.44 million -7.4%0.9%3.8 $35.08
12/30/2022136,700 shares $4.58 million +34.8%0.9%4.2 $33.48
12/15/2022101,400 shares $3.25 million +12.4%0.7%3 $32.10
11/30/202290,200 shares $3.14 million -24.5%0.6%3 $34.81
11/15/2022119,500 shares $4.19 million -10.3%0.8%3.9 $35.04
10/31/2022133,200 shares $4.66 million -20.6%0.9%4.4 $34.95
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10/15/2022167,700 shares $5.39 million +2.0%1.2%5.6 $32.15
9/30/2022164,500 shares $4.89 million -3.2%1.1%5.4 $29.71
9/15/2022169,900 shares $5.45 million -0.6%1.2%5.7 $32.10
8/31/2022171,000 shares $5.66 million -9.5%1.2%5.5 $33.08
8/15/2022189,000 shares $6.84 million +0.8%1.3%5.5 $36.20
7/31/2022187,600 shares $6.65 million +0.5%1.3%5.3 $35.44
7/15/2022186,600 shares $5.94 million -1.5%1.3%5.1 $31.84
6/30/2022189,500 shares $6.05 million -9.5%1.3%5.1 $31.95
6/15/2022209,300 shares $6.62 million +16.0%1.4%5.1 $31.62
5/31/2022180,400 shares $5.96 million +9.9%1.2%4 $33.05
5/15/2022164,200 shares $5.09 million +3.7%1.1%3.5 $31.01
4/30/2022158,400 shares $4.97 million +6.2%1.1%3.4 $31.40
4/15/2022149,200 shares $5.12 million -15.7%1.0%3 $34.33
3/31/2022176,900 shares $6.27 million -7.0%1.2%3.4 $35.42
3/15/2022190,200 shares $7.21 million +20.8%1.3%3.9 $37.93
2/28/2022157,400 shares $5.80 million -14.8%1.1%3.4 $36.87
2/15/2022184,800 shares $7.04 million +10.5%1.3%4.1 $38.08
1/31/2022167,200 shares $6.43 million +67.2%1.2%3.8 $38.47
1/15/2022100,000 shares $3.77 million +2.8%0.7%2.5 $37.70
12/31/202197,300 shares $3.41 million -15.1%0.7%2.6 $35.03
12/15/2021114,600 shares $3.95 million No Change0.8%2.9 $34.45
11/30/2021114,600 shares $3.85 million -3.9%0.8%2.9 $33.58
11/15/2021119,300 shares $4.37 million -29.0%0.8%3 $36.62
10/29/2021168,100 shares $5.78 million -15.7%1.2%4.2 $34.37
10/15/2021199,400 shares $6.74 million +24.0%1.4%4.9 $33.82
9/30/2021160,800 shares $5.15 million -12.3%1.1%4 $32.03
9/15/2021183,300 shares $5.50 million +20.8%1.3%4 $30.00
8/31/2021151,700 shares $4.73 million -25.8%1.0%3.3 $31.20
8/13/2021204,300 shares $6.68 million -3.6%1.4%4.6 $32.72

MBWM Short Interest - Frequently Asked Questions

Short interest is the volume of Mercantile Bank shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 425,898 shares of MBWM short. 2.53% of Mercantile Bank's shares are currently sold short. Learn More on Mercantile Bank's current short interest.

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. MBWM shares currently have a short interest ratio of 4.1. Learn More on Mercantile Bank's short interest ratio.

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. 2.53% of Mercantile Bank's floating shares are currently sold short.

Mercantile Bank saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 425,898 shares, a drop of 6.9% from the previous total of 457,433 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.

2.53% of Mercantile Bank's shares are currently sold short. Here is how the short interest of companies in the industry of "regional banks" compare to Mercantile Bank: First Busey Corporation (4.50%), Community Trust Bancorp, Inc. (2.51%), First Mid Bancshares, Inc. (2.15%), First Merchants Corporation (2.62%), Hope Bancorp, Inc. (4.67%), Independent Bank Corporation (2.72%), Peoples Bancorp Inc. (4.95%), S&T Bancorp, Inc. (5.57%), First Financial Corporation Indiana (3.03%), Byline Bancorp, Inc. (3.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($73.09 billion), Invesco QQQ ($48.11 billion), iShares Russell 2000 ETF ($23.61 billion), Sandisk Corporation ($12.69 billion), Nebius Group N.V. ($12.18 billion), Western Digital Corporation ($11.95 billion), SPDR S&P Biotech ETF ($11.73 billion), Quhuo Limited Sponsored ADR ($9.74 billion), VanEck Semiconductor ETF ($9.57 billion), and Financial Select Sector SPDR Fund ($8.43 billion). View all of the most shorted stocks.

Short selling MBWM is an investing strategy that aims to generate trading profit from Mercantile Bank as its price is falling. MBWM shares are trading down $0.11 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 Mercantile 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 MBWM, 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 MBWM, twice per month. The most recent reporting period available is July, 15 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like MBWM:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.


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Short Interest Tools

Short interest data for NASDAQ:MBWM is sourced from the Financial Industry Regulatory Authority (FINRA), with the most recent report published on 7/24/2026. FINRA publishes updated short interest twice a month.
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