Mercantile Bank Corporation (MBWM) short interest & short volume · 3.6% of float short
Mercantile Bank Corporation official short interest (FINRA, twice monthly) and daily short volume (FINRA Reg SHO), with history, % of float and days to cover.
What changed
MBWM short interest fell 10.4% to 562K shares in the Oct 15, 2026 report (3.6% of float, 5.1 days to cover). Daily short volume averaged 59.1% of volume over the last 20 sessions, down from 73.8% the 20 sessions before, the 30th percentile of its own 20-day averages since Sep 23, 2025.
Short interest
Official, twice monthly · settled Oct 15, 2026
- Shares short
- 562K
- prior 626K
- % of float
- 3.6%
- float 15.7M
- Days to cover
- 5.1
- avg vol 109K
- Change vs prior report
- -10.4%
Days to cover is short interest divided by FINRA's average daily volume for the period: how many average days of trading it would take shorts to buy back.
% of float uses the current float for every report (no float was stored with older reports).
Source: FINRA equity short interest (twice monthly) · Settlement Oct 15, 2026
Daily short volume
Share of each day's volume sold short · FINRA Reg SHO
- Latest (Nov 2)
- 64.4%
- 15K of 23K
- 20-day average
- 59.1%
- prior 73.8%
- Percentile vs own history
- 30th
- 233 periods since 2025
Loading prices…
Source: FINRA Reg SHO daily short sale volume · Latest Nov 2, 2026
Short squeeze score (model)
Price since settlement: +3.5%
Model, not a forecast: 40 pts short interest % of float (full at 30%), 25 pts days to cover (full at 10), 15 pts rise in short interest since the prior report (full at +50%), 20 pts price gain since the settlement date (full at +25%). Missing inputs score 0.
MBWM's squeeze score and its inputs with Lician Pro.Start 3-day trial — $149/yr
Market-wide: most shorted stocks, biggest changes and unusual short volume · MBWM overview
| Date | Short | Total | Short % of volume |
|---|---|---|---|
| 2026-11-02 | 14,937 | 23,187 | 64.4% |
| 2026-10-30 | 17,464 | 25,414 | 68.7% |
| 2026-10-29 | 8,427 | 15,776 | 53.4% |
| 2026-10-28 | 18,775 | 28,299 | 66.3% |
| 2026-10-27 | 9,441 | 15,486 | 61.0% |
| 2026-10-26 | 11,576 | 23,012 | 50.3% |
| 2026-10-23 | 39,924 | 58,856 | 67.8% |
| 2026-10-22 | 31,737 | 47,343 | 67.0% |
| 2026-10-21 | 33,984 | 58,268 | 58.3% |
| 2026-10-20 | 30,196 | 45,802 | 65.9% |
Financials peers with similar quant ratings
MBWM is rated 3.31 of 5 among 516 rated Financials stocks (Lician quant rating, Nov 4, 2026). How the rating works
- FIBK short interest3.33 · Hold · stock
- HBT short interest3.33 · Hold · stock
- AIG short interest3.32 · Hold · stock
- FSBW short interest3.31 · Hold · stock
- KEY short interest3.29 · Hold · stock
- SHBI short interest3.29 · Hold · stock
- AX short interest3.28 · Hold · stock
- NWBI short interest3.27 · Hold · stock
MBWM short interest FAQ
What is MBWM's short interest?
Mercantile Bank Corporation (MBWM) had 562K shares sold short and not yet covered in FINRA's Oct 15, 2026 settlement report, 3.6% of its 15.7M-share float.
How many days to cover does MBWM have?
5.1 days: 562K shares short divided by an average daily volume of 109K for the Oct 15, 2026 period.
Is MBWM short interest rising or falling?
MBWM short interest fell (-10.4%) from 626K to 562K shares in the Oct 15, 2026 report.
Is MBWM a short squeeze candidate?
Lician's squeeze watch scores MBWM 21 out of 100 (low) from the Oct 15, 2026 report: short interest % of float 4.8/40, days to cover 12.9/25, change in short interest vs prior report 0/15, price change since settlement date 2.8/20. It is a transparent model of how crowded the short side is, not a forecast that a squeeze will happen.
What share of MBWM daily volume is sold short?
59.1% on average over the last 20 sessions to Nov 2, 2026 (FINRA Reg SHO daily short volume; the 30th percentile of its own 20-day averages). Short volume counts market makers' same-day short sales, so it is not short interest.
What was MBWM's latest FINRA short volume?
On Nov 2, 2026, cached FINRA short volume for Mercantile Bank Corporation (MBWM) was 14,937 shares, 64.4% of 23,187 total volume.
How many MBWM short-volume sessions are listed on this page?
This page lists 10 cached FINRA short-volume sessions for Mercantile Bank Corporation (MBWM), from Oct 20, 2026 through Nov 2, 2026.
How did MBWM short volume percent change from the prior cached session?
Cached FINRA short volume for Mercantile Bank Corporation (MBWM) moved from 68.7% on Oct 30, 2026 to 64.4% on Nov 2, 2026, down 4.3 percentage points.
Not investment advice. Figures as filed or reported, not a live feed.