Short Interest in Merchants Bancorp (NASDAQ:MBINM) Declines By 74.0%

Posted by Grant Hamersma on Jul 28th, 2026

Merchants Bancorp (NASDAQ:MBINM – Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 9,079 shares, a decline of 74.0% from the June 30th total of 34,862 shares. Based on an average daily trading volume, of 3,338 shares, the days-to-cover ratio is presently 2.7 days.

Merchants Bancorp Stock Down 0.2%

Shares of MBINM opened at $25.35 on Tuesday. Merchants Bancorp has a 1 year low of $24.00 and a 1 year high of $25.96. The stock has a 50 day simple moving average of $25.45 and a two-hundred day simple moving average of $25.39.

Merchants Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a $0.5156 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On Merchants Bancorp

An institutional investor recently bought a new position in Merchants Bancorp stock. Archer Investment Corp bought a new position in Merchants Bancorp (NASDAQ:MBINM – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 4,000 shares of the company’s stock, valued at approximately $102,000.

Merchants Bancorp Company Profile

(Get Free Report)

Merchants Bancorp is a bank holding company whose principal subsidiary, Merchants Bank, provides a broad range of financial services to individuals, businesses and institutional clients. Headquartered in Harrisburg, Pennsylvania, the company focuses on delivering community-oriented banking solutions throughout central Pennsylvania. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing, and cash management services designed to meet the needs of both retail and corporate customers.

On the lending side, Merchants Bancorp extends credit through commercial real estate loans, construction financing, equipment loans, and lines of credit for small- and middle-market enterprises.