Meridian Bank (NASDAQ:MRBK) Short Interest Down 26.8% in February
Meridian Bank (NASDAQ:MRBK – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 105,253 shares, a decrease of 26.8% from the February 12th total of 143,819 shares. Based on an average daily volume of 68,631 shares, the short-interest ratio is currently 1.5 days. Currently, 1.1% of the company’s shares are short sold. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 68,631 shares, the short-interest ratio is currently 1.5 days.
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