Short interest in First Merchants Corp (NASDAQ:FRME) increased during the last reporting period, rising from 469.91K to 563.91K. This put 1.11% of the company's publicly available shares short.

Short interest for First Merchants gives investors a sense of the degree to which investors are betting on the decline of First Merchants's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 357.41K shares traded per day, it would take 1.58 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.