Independent Bank (INDB) Short Interest Ratio & Short Volume → 41 banks launch ‘crypto dollar’ (From Stansberry Research) (Ad) Free INDB Stock Alerts $52.95 +0.25 (+0.47%) (As of 05/17/2024 08:53 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Independent Bank Short Interest DataCurrent Short Volume933,100 sharesPrevious Short Volume824,900 sharesChange Vs. Previous Month+13.12%Dollar Volume Sold Short$46.88 millionShort Interest Ratio / Days to Cover3.3Last Record DateApril 30, 2024Outstanding Shares42,470,000 sharesPercentage of Shares Shorted2.20%Today's Trading Volume155,900 sharesAverage Trading Volume280,793 sharesToday's Volume Vs. Average56% Short Selling Independent Bank ? Sign up to receive the latest short interest report for Independent Bank and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatINDB Short Interest Over TimeINDB Days to Cover Over TimeINDB Percentage of Float Shorted Over Time Ad Crypto 101 MediaThe Overlooked Retirement Asset You Probably Don’t Own4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.Click here to access the Crypto Retirement Blueprint now. Independent Bank Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024933,100 shares $46.88 million +13.1%N/A3.3 $50.24 4/15/2024824,900 shares $40.17 million +14.4%N/A2.7 $48.70 3/31/2024721,200 shares $37.52 million -10.8%N/A2.4 $52.02 3/15/2024808,100 shares $40.35 million -0.5%N/A2.9 $49.93 2/29/2024811,800 shares $42.35 million +7.8%N/A2.9 $52.17 2/15/2024753,200 shares $40.67 million -2.6%N/A2.7 $53.99 Get the Latest News and Ratings for INDB and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Independent Bank and its competitors with MarketBeat's FREE daily newsletter. 1/31/2024773,000 shares $43.36 million +3.9%N/A2.9 $56.09 1/15/2024743,900 shares $46.61 million +4.7%N/A3.1 $62.65 12/31/2023710,500 shares $46.76 million -18.5%N/A3.1 $65.81 12/15/2023871,300 shares $56.90 million +5.3%N/A3.7 $65.31 11/30/2023827,400 shares $47.18 million +0.8%N/A3.6 $57.02 11/15/2023820,700 shares $46.65 million +7.5%N/A3.7 $56.84 10/31/2023763,700 shares $37.27 million -9.9%N/A3.4 $48.80 10/15/2023848,000 shares $40.09 million +3.4%N/A3.7 $47.28 9/30/2023820,100 shares $40.26 million -11.5%N/A3.4 $49.09 9/15/2023926,300 shares $47.37 million +17.2%N/A3.8 $51.14 8/31/2023790,700 shares $42.71 million -3.0%N/A3.2 $54.02 8/15/2023815,300 shares $44.83 million -13.7%N/A3.2 $54.99 7/31/2023944,800 shares $56.92 million -12.5%N/A3.6 $60.25 7/15/20231,080,000 shares $52.95 million -3.6%N/A3.9 $49.03 6/30/20231,120,000 shares $49.85 million -15.2%N/A4.3 $44.51 6/15/20231,320,000 shares $65.51 million +0.8%N/A5 $49.63 5/31/20231,310,000 shares $57.82 million +20.2%N/A4.4 $44.14 5/15/20231,090,000 shares $50.55 million -7.6%N/A3.7 $46.38 4/30/20231,180,000 shares $66.08 million +7.3%N/A4.3 $56.00 4/15/20231,100,000 shares $67.91 million -5.2%N/A4 $61.74 3/31/20231,160,000 shares $76.12 million -10.1%N/A4.3 $65.62 3/15/20231,290,000 shares $86.95 million +7.5%N/A4.9 $67.40 2/28/20231,200,000 shares $95.62 million +9.1%N/A5.8 $79.68 2/15/20231,100,000 shares $88.96 million +5.8%N/A5.6 $80.87 1/31/20231,040,000 shares $82.88 million +7.7%N/A5.2 $79.69 1/15/2023965,600 shares $78.89 million -5.3%N/A5 $81.70 12/30/20221,020,000 shares $86.12 million +12.2%N/A5.5 $84.43 12/15/2022909,400 shares $74.66 million -15.8%N/A5.1 $82.10 11/30/20221,080,000 shares $97.76 million +10.3%N/A6.1 $90.52 11/15/2022979,400 shares $84.23 million -4.0%N/A5.4 $86.00 10/31/20221,020,000 shares $88.75 million -18.4%N/A5.4 $87.01 10/15/20221,250,000 shares $101.01 million +19.1%N/A6.6 $80.81 9/30/20221,050,000 shares $78.26 million +5.1%N/A5.6 $74.53 9/15/2022998,800 shares $77.58 million -4.0%N/A5 $77.67Biden Nomination CANCELED? (Ad)The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?I believe I have the terrifying answer right here. INDB Short Interest - Frequently Asked Questions What is Independent Bank's current short interest? Short interest is the volume of Independent Bank shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 933,100 shares of INDB short. Learn More on Independent Bank's current short interest. What is a good short interest ratio for Independent 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. INDB shares currently have a short interest ratio of 3.0. Learn More on Independent Bank's short interest ratio. Is Independent Bank's short interest increasing or decreasing? Independent Bank saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 933,100 shares, an increase of 13.1% from the previous total of 824,900 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 Independent Bank's short interest compare to its competitors? Here is how the short interest of companies in the industry of "state commercial banks" compare to Independent Bank: Bank of Hawaii Co. (14.41%), Hilltop Holdings Inc. (1.86%), Seacoast Banking Co. of Florida (2.56%), CVB Financial Corp. (5.07%), TowneBank (0.96%), Heartland Financial USA, Inc. (1.82%), OFG Bancorp (0.98%), Renasant Co. (1.03%), Cathay General Bancorp (2.98%), Banner Co. (2.14%), 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. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks. What does it mean to sell short Independent Bank stock? Short selling INDB is an investing strategy that aims to generate trading profit from Independent Bank as its price is falling. INDB shares are trading up $0.25 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 Independent Bank? A short squeeze for Independent 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 INDB, which in turn drives the price of the stock up even further. How often is Independent 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 INDB, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: Bank of Hawaii Short Interest Hilltop Short Interest Seacoast Banking Co. of Florida Short Interest CVB Financial Short Interest TowneBank Short Interest Heartland Financial USA Short Interest OFG Bancorp Short Interest Renasant Short Interest Cathay General Bancorp Short Interest Banner Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:INDB) was last updated on 5/20/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaNext President (Not Trump. 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