2 weeks Ago By ABMN Staff
First Merchants Co. ( NASDAQ:FRMEP – Get Free Report ) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 500 shares, an increase of 150.
0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 0.5 days.
First Merchants Price Performance FRMEP stock opened at $25.46 on Friday. The firm has a 50-day moving average price of $25.
29 and a 200-day moving average price of $25.26. First Merchants has a 12 month low of $22.
79 and a 12 month high of $26.43. First Merchants Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, August 15th.
Shareholders of record on Tuesday, July 30th were given a $0.4688 dividend. The ex-dividend date was Tuesday, July 30th.
This represents a $1.88 dividend on an annualized basis and a yield of 7.37%.
About First Merchants First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. See Also Receive News & Ratings for First Merchants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Merchants and related companies with MarketBeat.
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