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Mercantile Bank (MBWM) Short Interest Ratio & Short Volume

Mercantile Bank logo
$48.62 -0.11 (-0.23%)
Closing price 01/29/2025 04:00 PM Eastern
Extended Trading
$48.70 +0.08 (+0.15%)
As of 01/29/2025 04:08 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Mercantile Bank Short Interest Data

Mercantile Bank (MBWM) has a short interest of 145,700 shares, representing 0.95% of the float (the number of shares available for trading by the public). This marks a 137.68% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.3, indicating that it would take 2.3 days of the average trading volume of 72,343 shares to cover all short positions.

Current Short Interest
145,700 shares
Previous Short Interest
61,300 shares
Change Vs. Previous Month
+137.68%
Dollar Volume Sold Short
$6.47 million
Short Interest Ratio
2.3 Days to Cover
Last Record Date
January 15, 2025
Outstanding Shares
16,150,000 shares
Float Size
15,280,000 shares
Short Percent of Float
0.95%
Today's Trading Volume
76,666 shares
Average Trading Volume
72,343 shares
Today's Volume Vs. Average
106%
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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
1/15/2025145,700 shares $6.47 million +137.7%1.0%2.3 $44.38
12/31/2024145,700 shares $6.48 million +137.7%1.0%2.3 $44.49
12/15/202461,300 shares $3.01 million +7.4%0.4%1 $49.15
11/30/202457,100 shares $2.86 million -53.5%0.4%0.9 $50.05
11/15/2024122,900 shares $6.03 million -2.6%0.8%2 $49.10
10/31/2024126,200 shares $5.41 million -22.1%0.8%2.1 $42.86
10/15/2024162,000 shares $7.22 million +91.3%1.1%2.7 $44.59
9/30/202484,700 shares $3.70 million -38.3%0.6%1.3 $43.72
9/15/2024137,300 shares $6.06 million -13.9%0.9%1.8 $44.16
8/31/2024159,400 shares $7.33 million -5.6%1.0%2.2 $45.98
8/15/2024168,800 shares $7.24 million -13.4%1.1%2.5 $42.87
7/31/2024194,800 shares $9.42 million -26.5%1.3%2.9 $48.36
7/15/2024265,100 shares $11.70 million +42.5%1.8%4 $44.12
6/30/2024186,100 shares $7.55 million +35.4%1.2%3 $40.57
6/15/2024137,400 shares $4.96 million +3.6%0.9%2.4 $36.10
5/31/2024132,600 shares $5.08 million -25.5%0.9%2.1 $38.31
5/15/2024177,900 shares $7.09 million +10.7%1.2%2.6 $39.86
4/30/2024160,700 shares $5.80 million -12.0%1.0%2.2 $36.08
4/15/2024182,500 shares $6.47 million +22.0%1.2%2.3 $35.46
3/31/2024149,600 shares $5.76 million -3.9%1.0%1.9 $38.49
3/15/2024155,600 shares $5.56 million +47.8%1.0%2 $35.72
2/29/2024105,300 shares $3.88 million -14.7%0.7%1.4 $36.84
2/15/2024123,400 shares $4.81 million -10.5%0.8%1.8 $38.96
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
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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
5/31/2022180,400 shares $5.96 million +9.9%1.2%4 $33.05
5/15/2022164,200 shares $5.09 million +3.7%1.1%3.5 $31.01
4/30/2022158,400 shares $4.97 million +6.2%1.1%3.4 $31.40
4/15/2022149,200 shares $5.12 million -15.7%1.0%3 $34.33
3/31/2022176,900 shares $6.27 million -7.0%1.2%3.4 $35.42
3/15/2022190,200 shares $7.21 million +20.8%1.3%3.9 $37.93
2/28/2022157,400 shares $5.80 million -14.8%1.1%3.4 $36.87
2/15/2022184,800 shares $7.04 million +10.5%1.3%4.1 $38.08
1/31/2022167,200 shares $6.43 million +67.2%1.2%3.8 $38.47
1/15/2022100,000 shares $3.77 million +2.8%0.7%2.5 $37.70
12/31/202197,300 shares $3.41 million -15.1%0.7%2.6 $35.03
12/15/2021114,600 shares $3.95 million No Change0.8%2.9 $34.45
11/30/2021114,600 shares $3.85 million -3.9%0.8%2.9 $33.58
11/15/2021119,300 shares $4.37 million -29.0%0.8%3 $36.62
10/29/2021168,100 shares $5.78 million -15.7%1.2%4.2 $34.37
10/15/2021199,400 shares $6.74 million +24.0%1.4%4.9 $33.82
9/30/2021160,800 shares $5.15 million -12.3%1.1%4 $32.03
9/15/2021183,300 shares $5.50 million +20.8%1.3%4 $30.00
8/31/2021151,700 shares $4.73 million -25.8%1.0%3.3 $31.20
8/13/2021204,300 shares $6.68 million -3.6%1.4%4.6 $32.72
7/30/2021212,000 shares $6.63 million -7.1%1.4%4.7 $31.25
7/15/2021228,300 shares $6.92 million +35.8%1.5%4.7 $30.30
6/30/2021168,100 shares $5.08 million -27.7%1.1%3.5 $30.20
6/15/2021232,500 shares $7.37 million +2.6%1.6%5.2 $31.68
5/28/2021226,700 shares $7.32 million -18.8%1.5%5 $32.30
5/14/2021279,300 shares $9.07 million +30.1%1.9%6 $32.48
4/30/2021214,700 shares $6.78 million +3.4%1.5%4.5 $31.59
Is this Elon’s true agenda? (Ad)

All 10 of the world's biggest money managers follow my work, and the Pentagon, the FBI and Harvard professors have all turned to my business partner and I for our thoughts on the market. And with every investor in America wondering what Elon is going to do now that he's in Washington, this is what we tell them

4/15/2021207,700 shares $6.70 million +3.8%1.4%4.4 $32.25
3/31/2021200,200 shares $6.60 million -11.5%1.4%4.2 $32.99
3/15/2021226,100 shares $7.74 million -0.7%1.5%4.4 $34.24
2/26/2021227,700 shares $6.85 million -3.9%1.5%4.7 $30.10
2/12/2021237,000 shares $6.91 million +0.6%1.6%4.9 $29.14
1/29/2021235,600 shares $6.57 million -1.1%1.6%4.8 $27.90
1/15/2021238,200 shares $6.92 million -3.5%1.6%4.9 $29.05
12/31/2020246,700 shares $6.63 million +27.0%1.7%5.4 $26.88
12/15/2020194,300 shares $5.09 million -6.7%1.3%4.4 $26.21
11/30/2020208,200 shares $5.32 million +8.3%1.4%4.9 $25.55
11/15/2020192,300 shares $4.63 million No Change1.3%4.7 $24.09
10/30/2020192,300 shares $4.21 million -4.3%1.3%4.9 $21.91
10/15/2020201,000 shares $4.07 million -5.0%1.4%5.2 $20.25
9/30/2020211,500 shares $3.81 million +0.7%1.4%5.3 $18.02
9/15/2020210,000 shares $4.08 million +0.2%1.4%4.7 $19.44
8/31/2020209,500 shares $4.58 million -6.6%1.4%4.6 $21.84
8/14/2020224,200 shares $5.07 million -10.1%1.5%4.7 $22.60
7/31/2020249,300 shares $5.31 million -6.1%1.7%5 $21.29
7/15/2020265,500 shares $5.49 million -5.5%1.8%5 $20.69
6/30/2020280,900 shares $6.15 million +32.4%1.9%5 $21.89
6/15/2020212,200 shares $4.68 million -15.2%1.4%3.7 $22.06
5/29/2020250,300 shares $5.74 million +0.4%1.7%4 $22.94
5/15/2020249,400 shares $4.99 million +10.4%1.7%4 $19.99
4/30/2020225,900 shares $5.69 million -7.3%1.5%3.8 $25.18
4/15/2020243,800 shares $5.01 million -2.8%1.6%4.3 $20.56
3/31/2020250,700 shares $5.48 million +9.9%1.6%4.7 $21.87
3/13/2020228,100 shares $5.36 million +19.6%1.5%4 $23.49
2/28/2020190,800 shares $3.73 million -4.9%1.2%5.2 $19.56
2/14/2020200,700 shares $4.97 million -7.9%1.3%6 $24.75
1/31/2020218,000 shares $6.74 million -14.5%1.4%6.2 $30.90

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 closed out or covered. As of January 15th, investors have sold 145,700 shares of MBWM short. 0.95% 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.

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. 0.95% 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 the month of January. As of January 15th, there was short interest totaling 145,700 shares, an increase of 137.7% from the previous total of 61,300 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 16,150,000 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 15,280,000 shares.

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

0.95% of Mercantile Bank's shares are currently sold short. Here is how the short interest of companies in the industry of "regional banks" compare to Mercantile Bank: Simmons First National Co. (1.97%), Independent Bank Corp. (2.04%), Bank of Hawaii Co. (11.62%), Heartland Financial USA, Inc. (1.50%), The Bancorp, Inc. (14.63%), First Financial Bancorp. (1.83%), TowneBank (1.25%), Banner Co. (3.00%), First Merchants Co. (0.98%), Seacoast Banking Co. of Florida (1.62%),

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. ($6.03 billion), Charter Communications, Inc. ($3.83 billion), Reddit, Inc. ($3.11 billion), The Kroger Co. ($2.85 billion), International Paper ($2.73 billion), Rivian Automotive, Inc. ($2.02 billion), SoFi Technologies, Inc. ($2.00 billion), Onsemi ($1.59 billion), Live Nation Entertainment, Inc. ($1.58 billion), and First Solar, Inc. ($1.53 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 down $0.11 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, 15 2025.




This page (NASDAQ:MBWM) was last updated on 1/30/2025 by MarketBeat.com Staff
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