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Independent Bank (IBCP) Short Interest Ratio & Short Volume

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$37.07 -0.22 (-0.59%)
(As of 11/20/2024 ET)

Independent Bank Short Interest Data

Independent Bank (IBCP) has a short interest of 186,800 shares, representing 0.94% of the float (the number of shares available for trading by the public). This marks a -30.76% 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 104,398 shares to cover all short positions.

Current Short Interest
186,800 shares
Previous Short Interest
269,800 shares
Change Vs. Previous Month
-30.76%
Dollar Volume Sold Short
$6.12 million
Short Interest Ratio
1.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
20,890,000 shares
Float Size
19,950,000 shares
Short Percent of Float
0.94%
Today's Trading Volume
63,424 shares
Average Trading Volume
104,398 shares
Today's Volume Vs. Average
61%
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IBCP Short Interest Over Time

IBCP Days to Cover Over Time

IBCP Percentage of Float Shorted Over Time

Independent Bank Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024186,800 shares $6.12 million -30.8%0.9%1.8 $32.78
10/15/2024269,800 shares $9.21 million +8.5%1.4%2.5 $34.12
9/30/2024248,600 shares $8.29 million -2.1%1.3%2.1 $33.35
9/15/2024253,900 shares $8.54 million +14.6%1.3%1.9 $33.62
8/31/2024221,600 shares $7.51 million -23.5%1.1%1.8 $33.88
8/15/2024289,700 shares $9.42 million +9.0%1.5%2.5 $32.53
7/31/2024265,800 shares $9.22 million -13.1%1.3%2.4 $34.69
7/15/2024305,800 shares $9.06 million +47.4%1.5%3 $29.64
6/30/2024207,400 shares $5.60 million +16.3%1.0%2.3 $27.00
6/15/2024178,300 shares $4.21 million -10.6%0.9%2.5 $23.62
5/31/2024199,400 shares $5.00 million +20.1%1.0%2.8 $25.06
5/15/2024166,000 shares $4.34 million -19.0%0.8%2.4 $26.16
4/30/2024204,900 shares $5.08 million -10.6%1.0%2.8 $24.81
4/15/2024229,200 shares $5.30 million -0.6%1.2%3 $23.14
3/31/2024230,600 shares $5.85 million -18.6%1.2%2.9 $25.35
3/15/2024283,300 shares $6.79 million +10.1%1.4%3.5 $23.96
2/29/2024257,300 shares $6.29 million +8.8%1.3%3 $24.45
2/15/2024236,600 shares $6.03 million -0.6%1.2%2.7 $25.48
1/31/2024238,000 shares $6.05 million +26.1%1.2%2.8 $25.44
1/15/2024188,800 shares $4.76 million -0.9%1.0%2.5 $25.23
12/31/2023190,600 shares $4.96 million +28.0%1.0%2.7 $26.02
12/15/2023148,900 shares $3.68 million -7.1%0.8%2.1 $24.69
11/30/2023160,200 shares $3.46 million -14.5%0.8%2.7 $21.62
11/15/2023187,400 shares $4.15 million +14.7%0.9%3.1 $22.14
10/31/2023163,400 shares $3.26 million -4.6%0.8%2.7 $19.95
10/15/2023171,200 shares $3.03 million -37.0%0.9%2.9 $17.68
9/30/2023271,800 shares $4.98 million +43.7%1.4%4.4 $18.34
9/15/2023189,100 shares $3.57 million +6.8%0.9%3 $18.87
8/31/2023177,100 shares $3.38 million -19.8%0.9%2.4 $19.09
8/15/2023220,700 shares $4.40 million +39.1%1.1%2.9 $19.95
7/31/2023158,700 shares $3.28 million -10.9%0.8%2 $20.66
7/15/2023178,100 shares $3.15 million -37.0%0.9%2.1 $17.71
6/30/2023282,900 shares $4.80 million -14.7%1.4%3.3 $16.96
6/15/2023331,700 shares $6.09 million +9.3%1.6%3.4 $18.37
5/31/2023303,500 shares $4.96 million +8.6%1.5%2.9 $16.35
5/15/2023279,400 shares $4.46 million +14.1%1.4%2.7 $15.98
4/30/2023244,800 shares $4.36 million +27.1%1.2%2.5 $17.82
4/15/2023192,600 shares $3.27 million -18.0%1.0%1.9 $16.98
3/31/2023234,800 shares $4.17 million +10.9%1.2%2.4 $17.77
3/15/2023211,800 shares $3.91 million -19.1%1.1%2.2 $18.48
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2/28/2023261,700 shares $5.77 million -13.9%1.3%3.1 $22.05
2/15/2023303,800 shares $6.88 million -6.0%1.5%3.6 $22.66
1/31/2023323,300 shares $7.17 million -36.6%1.6%3.7 $22.17
1/15/2023509,700 shares $12.37 million -1.7%2.5%6 $24.27
12/30/2022518,700 shares $12.41 million +2.6%2.6%6.4 $23.92
12/15/2022505,400 shares $11.65 million +3.3%2.5%6.8 $23.05
11/30/2022489,100 shares $12.00 million +10.6%2.4%7.2 $24.54
11/15/2022442,100 shares $10.89 million +4.3%2.2%6.9 $24.64
10/31/2022424,000 shares $9.81 million -10.5%2.1%7 $23.13
10/15/2022473,800 shares $9.65 million -3.9%2.4%8.1 $20.37
9/30/2022492,800 shares $9.41 million -3.6%2.4%7.9 $19.10
9/15/2022511,200 shares $10.27 million -15.4%2.5%7 $20.09
8/31/2022604,300 shares $12.40 million +9.3%3.0%7.7 $20.52
8/15/2022553,000 shares $11.89 million +3.3%2.7%6.8 $21.50
7/31/2022535,200 shares $11.23 million -7.6%2.7%6.3 $20.98
7/15/2022579,400 shares $11.22 million -3.2%2.9%6.4 $19.37
6/30/2022598,300 shares $11.54 million -3.6%3.0%6.8 $19.28
6/15/2022620,300 shares $11.64 million +8.6%N/A7 $18.77
5/31/2022571,300 shares $11.32 million +3.7%2.8%7 $19.81
5/15/2022550,700 shares $10.52 million +2.2%2.7%6.5 $19.11
4/30/2022538,700 shares $10.63 million -5.9%2.7%5.9 $19.74
4/15/2022572,300 shares $12.10 million -6.9%2.8%5.8 $21.14
3/31/2022614,900 shares $13.53 million +1.7%3.0%6.1 $22.00
3/15/2022604,500 shares $14.18 million +11.1%3.0%6.2 $23.45
2/28/2022544,100 shares $12.95 million +3.8%2.7%5.2 $23.80
2/15/2022524,400 shares $12.71 million +9.8%2.6%4.9 $24.23
1/31/2022477,800 shares $11.70 million +14.1%2.4%4.6 $24.48
1/15/2022418,900 shares $10.82 million +8.4%2.1%4.4 $25.83
12/31/2021386,300 shares $9.22 million -9.5%1.9%4.4 $23.87
12/15/2021426,600 shares $9.71 million -11.7%2.1%5 $22.76
11/30/2021483,000 shares $10.89 million -1.0%2.4%5.9 $22.55
11/15/2021487,900 shares $11.55 million +14.9%2.4%6.4 $23.68
10/29/2021424,600 shares $9.57 million -1.2%2.1%5.9 $22.53
10/15/2021429,800 shares $9.43 million -7.2%2.1%5.4 $21.94
9/30/2021463,000 shares $9.95 million +4.6%2.2%5.4 $21.48
9/15/2021442,500 shares $8.94 million +6.5%2.1%4.4 $20.20
8/31/2021415,500 shares $8.70 million +3.3%2.0%3.9 $20.94
8/13/2021402,300 shares $8.54 million -2.5%2.0%3.7 $21.23
7/30/2021412,700 shares $8.68 million -8.6%2.0%3.8 $21.03
7/15/2021451,500 shares $9.52 million +25.0%2.2%4.1 $21.09
6/30/2021361,300 shares $7.84 million +19.0%1.7%3.5 $21.71
6/15/2021303,500 shares $6.86 million +2.5%1.5%3.3 $22.59
5/28/2021296,100 shares $6.90 million +6.9%1.4%3.2 $23.30
5/14/2021276,900 shares $6.43 million +9.7%1.3%2.8 $23.22
4/30/2021252,400 shares $5.93 million -34.0%1.2%2.4 $23.48
4/15/2021382,600 shares $9.09 million -6.6%1.8%3.6 $23.77
3/31/2021409,800 shares $9.72 million +12.9%2.0%3.9 $23.71
3/15/2021363,100 shares $8.82 million +0.9%1.7%3.3 $24.28
2/26/2021359,900 shares $7.54 million +4.2%1.7%3.5 $20.95
2/12/2021345,300 shares $6.98 million +23.5%1.7%3.4 $20.22
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1/29/2021279,600 shares $5.39 million -23.9%1.3%2.7 $19.26
1/15/2021367,300 shares $7.56 million -3.3%1.7%3.8 $20.59
12/31/2020380,000 shares $6.99 million +3.1%1.8%4.1 $18.40
12/15/2020368,500 shares $6.75 million -2.1%1.8%4.1 $18.32
11/30/2020376,500 shares $6.72 million +6.4%1.8%4.1 $17.85
11/15/2020354,000 shares $5.90 million +36.7%1.7%4 $16.67
10/30/2020258,900 shares $3.87 million -2.3%1.2%3.2 $14.96
10/15/2020265,100 shares $3.60 million -5.6%1.3%3.1 $13.59
9/30/2020280,900 shares $3.53 million -1.2%1.3%3 $12.57
9/15/2020284,300 shares $3.97 million +1.6%1.4%2.7 $13.97
8/31/2020279,800 shares $4.17 million -1.9%1.3%2.5 $14.91
8/14/2020285,100 shares $4.36 million -4.1%1.4%2.4 $15.29
7/31/2020297,300 shares $4.15 million -29.9%1.4%2.4 $13.97
7/15/2020424,000 shares $5.50 million -5.5%2.0%3.6 $12.96
6/30/2020448,600 shares $6.50 million +43.6%2.1%3.7 $14.48
6/15/2020312,500 shares $4.44 million +10.7%1.5%2.5 $14.20
5/29/2020282,200 shares $4.08 million +2.8%1.4%2.1 $14.47
5/15/2020274,600 shares $3.19 million -9.4%1.3%2 $11.63
4/30/2020303,200 shares $4.93 million +2.1%1.5%2.2 $16.25
4/15/2020297,000 shares $3.75 million +7.7%1.4%2.1 $12.61
3/31/2020275,700 shares $3.69 million -25.4%1.3%1.9 $13.37
3/13/2020369,600 shares $5.39 million +39.7%1.8%2.5 $14.58
2/28/2020264,500 shares $2.89 million -15.2%1.3%2.3 $10.93
2/14/2020311,800 shares $5.26 million +10.2%1.5%3 $16.87
1/31/2020283,000 shares $5.89 million -21.0%1.3%3 $20.81
1/15/2020358,200 shares $7.95 million +0.9%1.7%4.1 $22.20
12/31/2019355,000 shares $7.84 million +47.9%1.7%4.5 $22.09

IBCP 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 covered or closed out. As of October 31st, investors have sold 186,800 shares of IBCP short. 0.94% of Independent Bank's shares are currently sold 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. IBCP shares currently have a short interest ratio of 2.0. Learn More on Independent Bank's short interest ratio.

What is a good short interest percentage for Independent 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. 0.94% of Independent Bank's floating shares are currently sold short.

Is Independent Bank's short interest increasing or decreasing?

Independent Bank saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 186,800 shares, a decline of 30.8% from the previous total of 269,800 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 Independent Bank's float size?

Independent Bank currently has issued a total of 20,890,000 shares. Some of Independent 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. Independent Bank currently has a public float of 19,950,000 shares.

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

0.94% of Independent Bank's shares are currently sold short. Here is how the short interest of companies compare to Independent Bank: Mercantile Bank Co. (0.83%), HBT Financial, Inc. (0.52%), First Community Bankshares, Inc. (0.83%), MetroCity Bankshares, Inc. (0.54%), MidWestOne Financial Group, Inc. (0.31%), Capital City Bank Group, Inc. (0.33%), CNB Financial Co. (0.35%), Farmers National Banc Corp. (0.74%), Red River Bancshares, Inc. (0.52%), Burford Capital Limited (4.08%),

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 Independent Bank stock?

Short selling IBCP is an investing strategy that aims to generate trading profit from Independent Bank as its price is falling. IBCP shares are trading down $0.22 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 appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of IBCP, 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 IBCP, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:IBCP) was last updated on 11/21/2024 by MarketBeat.com Staff
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