Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Shares Shorted: Short Interest Up 85.4% in September

Posted by Geri Gentry on Oct 17th, 2026

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 461,166 shares, an increase of 85.4% from the September 15th total of 248,765 shares. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 190,349 shares, the days-to-cover ratio is currently 2.4 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RMBI. Weiss Ratings lowered shares of Richmond Mutual Bancorporation from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, October 2nd. Wall Street Zen lowered shares of Richmond Mutual Bancorporation from a “hold” rating to a “sell” rating in a research report on Saturday, September 26th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Read Our Latest Research Report on RMBI

Insider Buying and Selling

In other news, Director Jeffrey Jackson purchased 2,500 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of $15.92 per share, with a total value of $39,800.00. Following the purchase, the director directly owned 49,125 shares of the company’s stock, valued at approximately $782,070. This trade represents a 5.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Richmond Mutual Bancorporation in the second quarter valued at $8,749,000. CX Institutional purchased a new stake in Richmond Mutual Bancorporation during the third quarter valued at about $1,211,000. Sapient Capital LLC purchased a new stake in Richmond Mutual Bancorporation during the third quarter valued at about $1,052,000. Sanctuary Advisors LLC acquired a new position in shares of Richmond Mutual Bancorporation in the second quarter worth about $947,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Richmond Mutual Bancorporation in the second quarter worth about $875,000. Institutional investors and hedge funds own 26.52% of the company’s stock.

Richmond Mutual Bancorporation Stock Performance

Shares of NASDAQ RMBI traded up $0.01 during midday trading on Friday, reaching $15.34. 31,175 shares of the company’s stock were exchanged, compared to its average volume of 111,256. Richmond Mutual Bancorporation has a 52-week low of $12.77 and a 52-week high of $16.59. The stock has a market capitalization of $257.10 million, a PE ratio of 12.68 and a beta of 0.34. The business’s fifty day moving average price is $15.65 and its two-hundred day moving average price is $15.14.

Richmond Mutual Bancorporation (NASDAQ:RMBI – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.22 earnings per share (EPS) for the quarter. Richmond Mutual Bancorporation had a return on equity of 8.30% and a net margin of 13.00%. The firm had revenue of $13.65 million for the quarter.

Richmond Mutual Bancorporation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.60 annualized dividend and a yield of 3.9%. Richmond Mutual Bancorporation’s dividend payout ratio (DPR) is presently 49.59%.

About Richmond Mutual Bancorporation

(Get Free Report)

Richmond Mutual Bancorporation, Inc is the bank holding company for First Bank Richmond, a community-focused financial institution headquartered in Richmond, Indiana. Through its banking subsidiary, the company provides financial services to individuals, families and businesses in eastern Indiana and western Ohio.

First Bank Richmond offers a range of traditional banking products, including checking and savings accounts, certificates of deposit and other deposit services. Its lending activities include residential mortgages, home equity financing, consumer loans, commercial real estate loans and business lending.