Short Interest in Merchants Bancorp (NASDAQ:MBINM) Drops By 46.5%

Posted by ABMN Staff on Jun 30th, 2026

Merchants Bancorp (NASDAQ:MBINM – Get Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,087 shares, a drop of 46.5% from the May 31st total of 7,642 shares. Based on an average daily volume of 8,670 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Merchants Bancorp

An institutional investor recently bought a new stake in Merchants Bancorp stock. Archer Investment Corp bought a new stake in shares of Merchants Bancorp (NASDAQ:MBINM – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,000 shares of the company’s stock, valued at approximately $102,000.

Merchants Bancorp Trading Up 0.3%

Shares of NASDAQ MBINM opened at $25.11 on Tuesday. The company’s 50-day simple moving average is $25.47 and its 200-day simple moving average is $25.38. Merchants Bancorp has a 52-week low of $24.00 and a 52-week high of $25.96.

Merchants Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, June 15th.

About Merchants Bancorp

(Get Free Report)

Merchants Bancorp is a bank holding company whose principal subsidiary, Merchants Bank, provides a broad range of financial services to individuals, businesses and institutional clients. Headquartered in Harrisburg, Pennsylvania, the company focuses on delivering community-oriented banking solutions throughout central Pennsylvania. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing, and cash management services designed to meet the needs of both retail and corporate customers.

On the lending side, Merchants Bancorp extends credit through commercial real estate loans, construction financing, equipment loans, and lines of credit for small- and middle-market enterprises.