Short interest in Mercantile Bank Corp (NASDAQ:MBWM) decreased during the last reporting period, falling from 310.34K to 269.71K. This put 1.6% of the company's publicly available shares short.

Based on the recent average volume of 101.56K shares traded per day, it would take 2.66 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.