First Merchants Co. (NASDAQ:FRME – Get Rating) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 653,200 shares, a decline of 7.8% from the May 15th total of 708,100 shares. Based on an average trading volume of 265,800 shares, the […]
Shares of First Merchants Co. (NASDAQ:FRME – Get Rating) saw strong trading volume on Thursday . 318,167 shares were traded during mid-day trading, an increase of 44% from the previous session’s volume of 220,472 shares.The stock last traded at $28.78 and had previously closed at $28.60. Analyst Upgrades and Downgrades Several analysts have issued reports […]
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) was the target of a large increase in short interest in 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 trading volume of 230,400 shares, the short-interest ratio is […]
Soltis Investment Advisors LLC trimmed its stake in First Merchants Co. (NASDAQ:FRME – Get Rating) by 12.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,912 shares of the bank’s stock after selling 1,000 shares during the quarter. Soltis Investment Advisors LLC’s holdings in […]