Short Interest in Meridian Bank (NASDAQ:MRBK) Decreases By 29.6%
Meridian Bank (NASDAQ:MRBK – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 83,248 shares, a decrease of 29.6% from the March 31st total of 118,283 shares. Based on an average trading volume of 135,173 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.8% of the company’s stock are sold short.
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