Merchants Bancorp (NASDAQ:MBINN) Sees Significant Drop in Short Interest

Posted by Stuart Ham on Jul 31st, 2026

Merchants Bancorp (NASDAQ:MBINN – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 15,328 shares, a drop of 32.1% from the June 30th total of 22,567 shares. Based on an average daily volume of 8,473 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Merchants Bancorp

A hedge fund recently bought a new stake in Merchants Bancorp stock. Beck Mack & Oliver LLC bought a new position in Merchants Bancorp (NASDAQ:MBINN – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 99,359 shares of the company’s stock, valued at approximately $1,825,000.

Merchants Bancorp Stock Down 1.4%

Shares of NASDAQ MBINN opened at $19.91 on Friday. The firm’s fifty day moving average is $20.21 and its 200 day moving average is $20.19. Merchants Bancorp has a 52 week low of $18.27 and a 52 week high of $21.60.

Merchants Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a $0.375 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.5%.

About Merchants Bancorp

(Get Free Report)

Merchants Bancorp (NASDAQ: MBINN) is a bank holding company headquartered in Buffalo, New York. Through its subsidiary, Merchants Bank, the company provides a comprehensive suite of commercial and consumer banking products across Western New York. Its branch network serves individuals, small businesses and institutional clients with personalized banking solutions.

The company’s core offerings include deposit products such as checking, savings and certificates of deposit, alongside a portfolio of lending products that encompasses commercial and industrial loans, commercial real estate financing, residential mortgages and consumer credit lines.