S&P 500   4,981.80 (+0.13%)
DOW   38,612.24 (+0.13%)
QQQ   425.61 (-0.40%)
AAPL   182.32 (+0.42%)
MSFT   402.18 (-0.15%)
META   468.03 (-0.79%)
GOOGL   142.55 (+1.01%)
AMZN   168.59 (+0.90%)
TSLA   194.77 (+0.52%)
NVDA   674.72 (-2.85%)
NIO   5.97 (+0.17%)
AMD   164.29 (-0.84%)
BABA   75.58 (+3.34%)
T   17.00 (+0.53%)
F   12.14 (-0.90%)
MU   81.49 (+0.97%)
CGC   3.44 (-2.82%)
GE   149.07 (+0.30%)
DIS   107.67 (-1.62%)
AMC   4.57 (-1.93%)
PFE   27.67 (+0.29%)
PYPL   57.48 (-1.96%)
XOM   104.85 (+2.04%)
S&P 500   4,981.80 (+0.13%)
DOW   38,612.24 (+0.13%)
QQQ   425.61 (-0.40%)
AAPL   182.32 (+0.42%)
MSFT   402.18 (-0.15%)
META   468.03 (-0.79%)
GOOGL   142.55 (+1.01%)
AMZN   168.59 (+0.90%)
TSLA   194.77 (+0.52%)
NVDA   674.72 (-2.85%)
NIO   5.97 (+0.17%)
AMD   164.29 (-0.84%)
BABA   75.58 (+3.34%)
T   17.00 (+0.53%)
F   12.14 (-0.90%)
MU   81.49 (+0.97%)
CGC   3.44 (-2.82%)
GE   149.07 (+0.30%)
DIS   107.67 (-1.62%)
AMC   4.57 (-1.93%)
PFE   27.67 (+0.29%)
PYPL   57.48 (-1.96%)
XOM   104.85 (+2.04%)
S&P 500   4,981.80 (+0.13%)
DOW   38,612.24 (+0.13%)
QQQ   425.61 (-0.40%)
AAPL   182.32 (+0.42%)
MSFT   402.18 (-0.15%)
META   468.03 (-0.79%)
GOOGL   142.55 (+1.01%)
AMZN   168.59 (+0.90%)
TSLA   194.77 (+0.52%)
NVDA   674.72 (-2.85%)
NIO   5.97 (+0.17%)
AMD   164.29 (-0.84%)
BABA   75.58 (+3.34%)
T   17.00 (+0.53%)
F   12.14 (-0.90%)
MU   81.49 (+0.97%)
CGC   3.44 (-2.82%)
GE   149.07 (+0.30%)
DIS   107.67 (-1.62%)
AMC   4.57 (-1.93%)
PFE   27.67 (+0.29%)
PYPL   57.48 (-1.96%)
XOM   104.85 (+2.04%)
S&P 500   4,981.80 (+0.13%)
DOW   38,612.24 (+0.13%)
QQQ   425.61 (-0.40%)
AAPL   182.32 (+0.42%)
MSFT   402.18 (-0.15%)
META   468.03 (-0.79%)
GOOGL   142.55 (+1.01%)
AMZN   168.59 (+0.90%)
TSLA   194.77 (+0.52%)
NVDA   674.72 (-2.85%)
NIO   5.97 (+0.17%)
AMD   164.29 (-0.84%)
BABA   75.58 (+3.34%)
T   17.00 (+0.53%)
F   12.14 (-0.90%)
MU   81.49 (+0.97%)
CGC   3.44 (-2.82%)
GE   149.07 (+0.30%)
DIS   107.67 (-1.62%)
AMC   4.57 (-1.93%)
PFE   27.67 (+0.29%)
PYPL   57.48 (-1.96%)
XOM   104.85 (+2.04%)

Mercantile Bank (MBWM) Short Interest Ratio & Short Volume

$37.96
+0.61 (+1.63%)
(As of 05:32 PM ET)

Mercantile Bank Short Interest Data

Current Short Volume
137,800 shares
Previous Short Volume
114,700 shares
Change Vs. Previous Month
+20.14%
Dollar Volume Sold Short
$5.52 million
Short Interest Ratio / Days to Cover
2.2
Last Record Date
January 31, 2024
Outstanding Shares
16,020,000 shares
Float Size
15,480,000 shares
Short Percent of Float
0.89%
Today's Trading Volume
64,956 shares
Average Trading Volume
78,676 shares
Today's Volume Vs. Average
83%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling Mercantile Bank ?

Sign up to receive the latest short interest report for Mercantile Bank and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

MBWM Short Interest Over Time

MBWM Days to Cover Over Time

MBWM Percentage of Float Shorted Over Time


Mercantile Bank Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
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
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













MBWM Short Interest - Frequently Asked Questions

What is Mercantile Bank's current short interest?

Short interest is the volume of Mercantile Bank shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 137,800 shares of MBWM short. 0.89% of Mercantile Bank's shares are currently sold short. Learn More on Mercantile Bank's current short interest.

What is a good short interest ratio for Mercantile Bank?

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 2.0. Learn More on Mercantile Bank's short interest ratio.

Which institutional investors are shorting Mercantile Bank?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Mercantile Bank: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Mercantile Bank?

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. 0.89% of Mercantile Bank's floating shares are currently sold short.

Is Mercantile Bank's short interest increasing or decreasing?

Mercantile Bank saw a increase in short interest in January. As of January 31st, there was short interest totaling 137,800 shares, an increase of 20.1% from the previous total of 114,700 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.

What is Mercantile Bank's float size?

Mercantile Bank currently has issued a total of 16,020,000 shares. Some of Mercantile Bank's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Mercantile Bank currently has a public float of 15,480,000 shares.

How does Mercantile Bank's short interest compare to its competitors?

0.89% of Mercantile Bank's shares are currently sold short. Here is how the short interest of companies in the industry of "state commercial banks" compare to Mercantile Bank: Great Southern Bancorp, Inc. (1.59%), First Community Bankshares, Inc. (1.08%), Univest Financial Co. (0.91%), HBT Financial, Inc. (0.71%), Business First Bancshares, Inc. (0.77%), Horizon Bancorp, Inc. (1.85%), Midland States Bancorp, Inc. (1.11%), Farmers National Banc Corp. (1.61%), Independent Bank Co. (1.19%), Central Pacific Financial Corp. (2.75%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Mercantile Bank stock?

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 up $0.61 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 Mercantile Bank?

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.

How often is Mercantile Bank's 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 MBWM, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:MBWM) was last updated on 2/21/2024 by MarketBeat.com Staff