Meridian Co. ( NASDAQ:MRBK – Get Rating ) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 35,500 shares, a drop of 29.0% from the April 15th total of 50,000 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is currently 1.0 days. Meridian Trading Up 2.4 % MRBK stock traded up $0.21 during mid-day trading on Friday, reaching $9.05. The company's stock had a trading volume of 13,251 shares, compared to its average volume of 30,305.

https://www.dailypolitical.com/2023/05/14/meridian-co-nasdaqmrbk-sees-significant-decline-in-short-interest.html

#dailypolitical