5 Stocks With Lowest Short Interest

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1. Mercantile Bank Corporation (NASDAQ:MBWM)

Short Interest Percentage: 0.80%

Mercantile Bank Corporation (NASDAQ:MBWM) is a regional bank headquartered in Grand Rapids, Michigan. Despite the turmoil in the regional banking sector this year, the firm has beaten analyst EPS estimates in all four of its latest quarters and its shares are rated Buy on average.

Five out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database have invested in Mercantile Bank Corporation (NASDAQ:MBWM). Out of these, the firm’s largest shareholder is Jim Simons’ Renaissance Technologies through a $14.9 million investment.

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Disclosure: None.  You can also take a look at 12 Most Undervalued EV Stocks To Buy According To Hedge Funds and Long Term Returns of Jeff Smith’s Activist Targets.

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