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First Merchants (FRME) Short Interest Ratio & Short Volume

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$43.48 +0.03 (+0.07%)
(As of 11/15/2024 ET)

First Merchants Short Interest Data

First Merchants (FRME) has a short interest of 469,900 shares. This marks a -19.41% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.8, indicating that it would take 1.8 days of the average trading volume of 383,424 shares to cover all short positions.

Current Short Interest
469,900 shares
Previous Short Interest
583,100 shares
Change Vs. Previous Month
-19.41%
Dollar Volume Sold Short
$17.41 million
Short Interest Ratio
1.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
58,670,000 shares
Percentage of Shares Shorted
0.80%
Today's Trading Volume
240,375 shares
Average Trading Volume
383,424 shares
Today's Volume Vs. Average
63%
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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
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
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
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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
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
JD Vance Predicts: Wall Street vs. Trump & Your Money (Ad)

Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.

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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
6/30/2020601,200 shares $16.22 million +62.1%N/A2.5 $26.98
6/15/2020371,000 shares $10.06 million -11.8%N/A1.6 $27.12
5/29/2020420,700 shares $11.80 million -1.6%N/A1.6 $28.06
5/15/2020427,500 shares $9.82 million +19.6%N/A1.7 $22.97
4/30/2020357,500 shares $10.12 million -9.5%N/A1.4 $28.31
4/15/2020395,100 shares $10.04 million -9.7%N/A1.6 $25.40
3/31/2020437,500 shares $11.34 million -25.7%N/A1.9 $25.91
3/13/2020588,600 shares $16.83 million +15.3%N/A2.3 $28.60
2/28/2020510,500 shares $12.85 million +2.6%N/A2.9 $25.17
2/14/2020497,700 shares $15.23 million +18.2%N/A3.2 $30.61
1/31/2020421,200 shares $16.12 million -9.8%N/A2.8 $38.28
1/15/2020466,800 shares $19.35 million +0.5%N/A2.9 $41.45
12/31/2019464,500 shares $18.75 million +17.8%N/A3 $40.36

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 closed out or covered. As of October 31st, traders have sold 469,900 shares of FRME 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 2.0. Learn More on First Merchants's short interest ratio.

Is First Merchants' short interest increasing or decreasing?

First Merchants saw a decrease in short interest in October. As of October 31st, there was short interest totaling 469,900 shares, a decrease of 19.4% from the previous total of 583,100 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?

Here is how the short interest of companies in the sector of "finance" compare to First Merchants: WesBanco, Inc. (2.64%), WaFd, Inc (1.87%), WSFS Financial Co. (1.64%), Cadence Bank (3.07%), Webster Financial Co. (1.73%), Western Alliance Bancorporation (5.81%), Pinnacle Financial Partners, Inc. (2.62%), Commerce Bancshares, Inc. (1.69%), Cullen/Frost Bankers, Inc. (5.33%), Zions Bancorporation, National Association (3.94%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 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 up $0.03 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 increases 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 October, 31 2024.




This page (NASDAQ:FRME) was last updated on 11/17/2024 by MarketBeat.com Staff
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