Short interest in First Merchants Corp (NASDAQ:FRME) decreased during the last reporting period, falling from 601.67K to 405.77K. This put 0.8% 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 253.34K shares traded per day, it would take 1.6 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.