John W. Rosenthal Capital Management Inc. acquired a new position in First Merchants Co. (NASDAQ:FRME – Get Rating) during the fourth quarter, Holdings Channel reports. The firm acquired 35,250 shares of the bank’s stock, valued at approximately $1,449,000. Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas […]
StockNews.com initiated coverage on shares of First Merchants (NASDAQ:FRME – Get Rating) in a research note released on Thursday. The firm issued a hold rating on the bank’s stock. Separately, Raymond James reduced their target price on shares of First Merchants from $43.00 to $38.00 in a research note on Wednesday, April 26th. First Merchants […]
Equities researchers at StockNews.com assumed coverage on shares of First Merchants (NASDAQ:FRME – Get Rating) in a research report issued on Thursday. The firm set a “hold” rating on the bank’s stock. Separately, Raymond James decreased their price objective on shares of First Merchants from $43.00 to $38.00 in a report on Wednesday, April 26th. […]
First Merchants Co. (NASDAQ:FRME – Get Rating) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 595,600 shares, an increase of 7.2% from the April 15th total of 555,800 shares. Based on an average daily volume of 230,400 shares, the short-interest ratio is […]
First Merchants Co. (NASDAQ:FRME – Get Rating) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 595,600 shares, an increase of 7.2% from the April 15th total of 555,800 shares. Based on an average daily volume of 230,400 shares, the […]