Short interest in Mercantile Bank Corp (NASDAQ:MBWM) increased during the last reporting period, rising from 61.26K to 145.68K. This put 0.93% of the company's publicly available shares short.

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

Based on the recent average volume of 85.11K shares traded per day, it would take 1.71 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.