Independent Bank (INDB) Short Interest Ratio & Short Volume → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free INDB Stock Alerts $49.67 -0.32 (-0.64%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Independent Bank Short Interest DataCurrent Short Interest877,700 sharesPrevious Short Interest933,100 sharesChange Vs. Previous Month-5.94%Dollar Volume Sold Short$45.81 millionShort Interest Ratio3.3 Days to CoverLast Record DateMay 15, 2024Outstanding Shares42,470,000 sharesPercentage of Shares Shorted2.07%Today's Trading Volume162,800 sharesAverage Trading Volume269,494 sharesToday's Volume Vs. Average60% 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 Interest ChartDays to Cover ChartShort Percent of Float ChartINDB Short Interest Over TimeINDB Days to Cover Over TimeINDB Percentage of Float Shorted Over Time Ad Crypto 101 MediaShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 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 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. 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 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 $74.53Write this ticker symbol down… (Ad)A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution 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 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 $62.85Write this ticker symbol down… (Ad)A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution 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 May 15th, investors have sold 877,700 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 decrease in short interest in May. As of May 15th, there was short interest totaling 877,700 shares, a decrease of 5.9% from the previous total of 933,100 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 Independent Bank's short interest compare to its competitors? Here is how the short interest of companies in the sector of "finance" compare to Independent Bank: Hilltop Holdings Inc. (1.84%), Associated Banc-Corp (4.33%), First Horizon Co. (3.07%), Webster Financial Co. (1.69%), Commerce Bancshares, Inc. (1.64%), Western Alliance Bancorporation (5.17%), Cullen/Frost Bankers, Inc. (3.70%), Popular, Inc. (0.74%), Zions Bancorporation, National Association (5.98%), Pinnacle Financial Partners, Inc. (1.80%), 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. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 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 down $0.32 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 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 May, 15 2024. More Short Interest Resources from MarketBeat Related Companies: Hilltop Short Interest Associated Banc Short Interest First Horizon Short Interest Webster Financial Short Interest Commerce Bancshares Short Interest Western Alliance Bancorporation Short Interest Cullen/Frost Bankers Short Interest Popular Short Interest Zions Bancorporation, National Association Short Interest Pinnacle Financial Partners 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 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promi...Smallcaps Daily | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredRSVP: Charles Payne’s Cash Flow WorkshopDid you know you could "cash flow" the stocks in your portfolio? Without selling a single share of stock? ...Unstoppable Prosperity | SponsoredNvidia needs this one obscure firm In my new investigation, I detail why this is the single most important factor in the future of AI. I expla...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Independent Bank Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Independent Bank With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.