Stocks › Banks - Regional › IBCP

Independent Bank (Ionia MI) IBCP

US equityMarket cap rank #3419Banks - Regional

$35.55 −$0.24 (-0.67%)

Pre-market · Oct 8, 9:10 am ET · After hours $35.55 0.00%

Open$35.56

Prev close$35.79

Day range$35.27 – $35.80

Volume175.2K

Market cap$789.18M

P/E (TTM)10.3

Dividend yield3.04%

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Institutional ownership83.6%-5.72 pts vs. prior quarter

Institutions holding231-1 vs. prior quarter

Insider trades (recent)32 buys / 17 sellsNet buying

Short interest3.41% of floatDays to cover 5.0 · as of 15 Sep 2026

Short-sale volume share19.1%5-day average of daily volume

Short-sale volume as % of daily volume

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$1.91M (2 inflow days, 18 outflow days).

Net flow by order size, last 20 sessions

Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.

The five largest holders on file together own 29.3% of shares outstanding.

Largest holders

BlackRock13.45%
Vanguard Capital Management, LLC4.57%
Dimensional Fund Advisors4.01%
State Street Global Advisors3.71%
American Century Investment Management3.52%
Acadian Asset Management LLC3.41%
Charles Schwab Investment Management3.14%
Renaissance Technologies Corp.2.78%

By investor type

Mutual Fund66.87%
Hedge Fund10.65%
Public Company3.22%
Individual/Insider2.61%
Private Company1.48%
Insurance Company0.84%
Government Pension Fund0.49%
Family Office/Trust0.01%

Reported short interest has fallen from 3.52% to 3.41% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).

Recent institutional activity

Holder	Type	Period	Share change	New stake
Nuveen Asset Management LLC	Insurance Company	2026/Q3	+161,908	0.8%
Acadian Asset Management LLC	Mutual Fund	2026/Q3	+160,546	3.4%
Qube Research & Technologies Ltd	Mutual Fund	2026/Q3	+130,649	1.5%
Citadel Advisors LLC	Hedge Fund	2026/Q3	+124,804	1.0%
SG Americas Securities, LLC	Private Company	2026/Q3	+121,410	0.6%
State Street Global Advisors	Mutual Fund	2026/Q3	+111,277	3.7%
Bridgeway Capital Management, LLC	Mutual Fund	2026/Q3	+109,944	0.5%
BlackRock	Mutual Fund	2026/Q3	+91,860	13.4%
Charles Schwab Investment Management	Mutual Fund	2026/Q3	+74,697	3.1%
BNP Paribas Financial Markets SNC	Private Company	2026/Q3	+71,675	0.5%
American Century Investment Management	Mutual Fund	2026/Q3	+67,729	3.5%
Morgan Stanley	Public Company	2026/Q3	+67,199	0.8%
UBS Asset Management	Mutual Fund	2026/Q3	+47,964	0.7%
Hudson River Trading LLC	Private Company	2026/Q3	+43,102	0.2%
AQR Capital Management	Hedge Fund	2026/Q3	+42,927	0.8%

Institutional buy/sell activity by reporting period, largest moves first.

Insider transactions

Date	Insider	Title	Transaction	Shares	Price	Held after
30 Sep 2026	William Boer	Lead Independent Director	Other Acquisition	+292	$35.24	45,612
30 Sep 2026	Michael Wooldridge	Director	Other Derivative Acquisition	+143	–	569
30 Sep 2026	Christina Keller	Independent Director	Other Derivative Acquisition	+832	–	25,877
30 Sep 2026	Ronia Kruse	Independent Director	Other Derivative Acquisition	+307	–	24,711
30 Sep 2026	Michael Cok	Independent Director	Other Derivative Acquisition	+582	–	29,200
30 Sep 2026	Nathaniel Tagg	Director	Other Derivative Acquisition	+653	–	1,115
14 Sep 2026	William Kessel	Chief Executive Officer	Open Market Disposition	-2,000	$37.41	166,958
18 Aug 2026	Kristopher Kreter		Open Market Disposition	-300	$37.11	2,486
13 Aug 2026	Stephen Gulis	Independent Director	Other Derivative Acquisition	+466	–	64,585
13 Aug 2026	Joan Budden	Independent Director	Other Derivative Acquisition	+259	–	35,868
13 Aug 2026	Dennis Archer	Independent Director	Other Derivative Acquisition	+46	–	6,499
9 Aug 2026	James Twarozynski	Chief Accounting Officer	Open Market Disposition	-489	$37.67	12,491
30 Jul 2026	Nathaniel Tagg	Director	Other Derivative Acquisition	+461	–	462
20 Jul 2026	Nathaniel Tagg	Director	Initial Statement of Beneficial	+0	–	28,734
30 Jun 2026	William Boer	Lead Independent Director	Other Acquisition	+285	$36.07	45,198
30 Jun 2026	Michael Wooldridge	Director	Other Derivative Acquisition	+139	–	425
30 Jun 2026	Christina Keller	Independent Director	Other Derivative Acquisition	+836	–	25,044
30 Jun 2026	Ronia Kruse	Independent Director	Other Derivative Acquisition	+327	–	24,403
30 Jun 2026	Michael Cok	Independent Director	Other Derivative Acquisition	+597	–	28,618
8 Jun 2026	Patrick Ervin	Executive Vice President of Mortgage Banking	Open Market Disposition	-2,500	$35.44	36,777

From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.

Short interest, by report

Report date	Shares short	% of float	Days to cover
15 Sep 2026	757,205	3.4%	5.0
31 Aug 2026	695,193	3.1%	4.0
14 Aug 2026	629,965	2.8%	3.5
31 Jul 2026	544,413	2.6%	2.3
15 Jul 2026	527,109	2.6%	3.1
30 Jun 2026	726,046	3.5%	3.2

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