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Independent Bank (INDB) Short Interest Ratio & Short Volume

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$66.02 +0.52 (+0.79%)
(As of 12/20/2024 05:45 PM ET)

Independent Bank Short Interest Data

Independent Bank (INDB) has a short interest of 992,200 shares. This marks a 22.72% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.4, indicating that it would take 3.4 days of the average trading volume of 281,433 shares to cover all short positions.

Current Short Interest
992,200 shares
Previous Short Interest
808,500 shares
Change Vs. Previous Month
+22.72%
Dollar Volume Sold Short
$71.83 million
Short Interest Ratio
3.4 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
42,493,000 shares
Percentage of Shares Shorted
2.33%
Today's Trading Volume
607,474 shares
Average Trading Volume
281,433 shares
Today's Volume Vs. Average
216%
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INDB Short Interest Over Time

INDB Days to Cover Over Time

INDB 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
11/30/2024992,200 shares $71.83 million +22.7%N/A3.4 $72.39
11/15/2024808,500 shares $58.39 million +22.1%N/A2.9 $72.22
10/31/2024662,000 shares $41.64 million -25.6%N/A2.5 $62.90
10/15/2024890,300 shares $56.12 million +70.9%N/A3.4 $63.04
9/30/2024521,100 shares $30.81 million -34.6%N/A2 $59.13
9/15/2024796,500 shares $48.43 million -7.8%N/A3 $60.80
8/31/2024864,000 shares $54.70 million +4.5%N/A3.1 $63.31
8/15/2024826,600 shares $49.03 million +10.9%N/A2.9 $59.31
7/31/2024745,200 shares $47.80 million +23.2%N/A2.6 $64.15
7/15/2024605,100 shares $32.88 million +2.6%N/A2.1 $54.34
6/30/2024589,800 shares $29.91 million -22.1%N/A2.2 $50.72
6/15/2024757,400 shares $35.20 million -10.3%N/A2.8 $46.48
5/31/2024844,100 shares $42.87 million -3.8%N/A3.2 $50.79
5/15/2024877,700 shares $45.81 million -5.9%N/A3.3 $52.19
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
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
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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 $77.67
8/31/20221,040,000 shares $81.36 million -4.6%N/A5.1 $78.23
8/15/20221,090,000 shares $95.38 million +15.7%N/A5.7 $87.50
7/31/2022942,500 shares $78.98 million -0.6%N/A4.8 $83.80
7/15/2022948,400 shares $75.15 million -0.9%N/A4.8 $79.24
6/30/2022956,900 shares $76.01 million -5.3%N/A4.7 $79.43
6/15/20221,010,000 shares $80.51 million +1.4%N/A5 $79.71
5/31/2022995,900 shares $82.96 million +8.8%N/A5.2 $83.30
5/15/2022915,700 shares $70.33 million +3.8%N/A4.5 $76.81
4/30/2022881,800 shares $68.04 million -2.4%N/A4.5 $77.16
4/15/2022903,200 shares $70.85 million -6.2%N/A4.6 $78.44
3/31/2022963,200 shares $78.68 million -5.6%N/A5 $81.69
3/15/20221,020,000 shares $85.50 million +12.1%N/A5.4 $83.82
2/28/2022909,800 shares $78.25 million -7.1%N/A4.1 $86.01
2/15/2022979,600 shares $85.49 million +9.2%N/A4.4 $87.27
1/31/2022897,400 shares $75.70 million +8.4%N/A2.8 $84.35
1/15/2022827,900 shares $72.02 million +7.0%N/A2.6 $86.99
12/31/2021774,000 shares $63.10 million -14.6%N/A2.4 $81.53
12/15/2021906,000 shares $73.14 million -6.9%N/A2.8 $80.73
11/30/2021973,000 shares $76.93 million -47.7%N/A3.3 $79.06
11/15/20211,860,000 shares $162.81 million -13.9%N/A7 $87.53
10/29/20212,160,000 shares $182.52 million +23.4%N/A11.7 $84.50
10/15/20211,750,000 shares $140.74 million -9.8%N/A10.2 $80.42
9/30/20211,940,000 shares $147.73 million -1.0%N/A11.8 $76.15
9/15/20211,960,000 shares $137.71 million -1.5%N/A11.6 $70.26
8/31/20211,990,000 shares $152.63 million +17.8%N/A10.7 $76.70
8/13/20211,690,000 shares $128.66 million -21.0%N/A8.6 $76.13
7/30/20212,140,000 shares $151.26 million +9.2%N/A11 $70.68
7/15/20211,960,000 shares $142.14 million +3.2%N/A8.8 $72.52
6/30/20211,900,000 shares $143.45 million +43.9%N/A8.7 $75.50
6/15/20211,320,000 shares $105.52 million +10.0%N/A6.6 $79.94
5/28/20211,200,000 shares $97.93 million +8.1%N/A6.2 $81.61
5/14/20211,110,000 shares $87.42 million +13.8%3.4%6 $78.76
4/30/2021975,200 shares $81.04 million +57.0%3.0%5.4 $83.10
4/15/2021621,100 shares $51.05 million -2.8%1.9%3.9 $82.19
3/31/2021638,900 shares $54.22 million -6.7%2.0%4.4 $84.86
3/15/2021684,700 shares $67.53 million -2.2%2.1%4.4 $98.62
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2/26/2021699,900 shares $60.44 million -4.6%2.2%5.1 $86.36
2/12/2021733,400 shares $59.37 million -8.4%2.3%5.4 $80.95
1/29/2021800,500 shares $61.21 million -0.2%2.5%6.2 $76.47
1/15/2021801,900 shares $64.08 million -0.7%2.5%5.9 $79.91
12/31/2020807,800 shares $58.98 million +5.3%2.5%5.7 $73.01
12/15/2020767,400 shares $57.64 million +6.0%2.4%5.4 $75.11
11/30/2020724,100 shares $51.40 million -7.3%2.2%4.7 $70.98
11/15/2020781,400 shares $53.60 million +9.2%2.4%5 $68.60
10/30/2020715,600 shares $40.44 million -0.9%2.2%4.9 $56.51
10/15/2020722,400 shares $37.26 million -1.4%2.2%5.2 $51.58
9/30/2020732,800 shares $38.38 million -19.7%2.3%5.7 $52.38
9/15/2020912,200 shares $51.68 million -9.7%2.8%7 $56.65
8/31/20201,010,000 shares $63.48 million -6.5%3.1%8 $62.85
8/14/20201,080,000 shares $74.25 million +0.9%3.3%7.9 $68.75
7/31/20201,070,000 shares $69.04 million -3.6%3.3%7 $64.52
7/15/20201,110,000 shares $69.79 million -8.3%3.4%6.6 $62.87
6/30/20201,210,000 shares $78.03 million No Change3.7%6.6 $64.49
6/15/20201,210,000 shares $79.58 million -1.6%3.7%5.6 $65.77
5/29/20201,230,000 shares $88.17 million -0.8%3.8%5.2 $71.68
5/15/20201,240,000 shares $69.79 million +1.6%3.8%5.1 $56.28
4/30/20201,220,000 shares $88.93 million +8.9%3.8%5.3 $72.89
4/15/20201,120,000 shares $74.37 million +3.7%3.4%5.1 $66.40
3/31/20201,080,000 shares $72.28 million -0.5%3.3%5 $66.93
3/13/20201,085,500 shares $77.75 million +26.5%3.2%5.4 $71.63
2/28/2020858,400 shares $45.25 million +5.5%2.6%5.8 $52.71
2/14/2020814,000 shares $50.28 million -2.8%2.4%6 $61.77
1/31/2020837,000 shares $58.92 million -2.0%2.5%6.3 $70.39
1/15/2020854,000 shares $64.64 million -1.0%2.5%6.6 $75.69
12/31/2019862,400 shares $65.53 million +13.0%2.6%6.9 $75.98

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 November 30th, traders have sold 992,200 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 November. As of November 30th, there was short interest totaling 992,200 shares, an increase of 22.7% from the previous total of 808,500 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 "regional banks" compare to Independent Bank: First Horizon Co. (1.96%), Webster Financial Co. (2.18%), Western Alliance Bancorporation (5.89%), Pinnacle Financial Partners, Inc. (2.41%), Cullen/Frost Bankers, Inc. (4.61%), Wintrust Financial Co. (1.15%), Commerce Bancshares, Inc. (1.73%), Zions Bancorporation, National Association (3.54%), Synovus Financial Corp. (2.02%), Prosperity Bancshares, Inc. (2.01%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 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 $0.52 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 November, 30 2024.




This page (NASDAQ:INDB) was last updated on 12/21/2024 by MarketBeat.com Staff
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