Short interest in First Merchants Corp (NASDAQ:FRME) increased during the last reporting period, rising from 1.08M to 1.25M. This put 2.25% of the company's publicly available shares short.

Based on the recent average volume of 451.93K shares traded per day, it would take 2.77 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.