Short interest in Independent Bank Corp (NASDAQ:INDB) increased during the last reporting period, rising from 808.46K to 992.17K. This put 3.25% 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 239.69K shares traded per day, it would take 4.14 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.