Short interest in Independent Bank Corp (Ionia MI) (NASDAQ:IBCP) decreased during the last reporting period, falling from 208.89K to 197.84K. This put 1.18% of the company's publicly available shares short.

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

Based on the recent average volume of 65.71K shares traded per day, it would take 3.01 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.