Basswood Capital Management L.L.C. lessened its holdings in shares of Merchants Bancorp (NASDAQ:MBIN – Free Report) by 17.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 595,843 shares of the company’s stock after selling 122,335 shares during the period. Merchants Bancorp makes up […]
Merchants Bancorp (NASDAQ:MBINN – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 600 shares, a decrease of 45.5% from the April 30th total of 1,100 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio […]
Merchants Bancorp (NASDAQ:MBINN – Get Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 600 shares, a decrease of 45.5% from the April 30th total of 1,100 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is […]
Piper Sandler reiterated their overweight rating on shares of Merchants Bancorp (NASDAQ:MBIN – Free Report) in a report released on Friday, Benzinga reports. The brokerage currently has a $56.00 price target on the stock, down from their prior price target of $58.50. Separately, Raymond James reissued a strong-buy rating and issued a $55.00 price objective […]
Merchants Bancorp (NASDAQ:MBINN – Get Free Report) announced a quarterly dividend on Thursday, May 16th, NASDAQ reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.375 per share on Monday, July 1st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date […]