Midland States MSBI
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
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: −$81.8K (6 inflow days, 14 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 29.9% of shares outstanding.
Largest holders
By investor type
Reported short interest has risen from 4.35% to 5.06% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Nuveen Asset Management LLC | Insurance Company | 2026/Q3 | +48,166 | 0.2% |
| ProShare Advisors LLC | Mutual Fund | 2026/Q3 | +224,602 | 1.1% |
| Acadian Asset Management LLC | Mutual Fund | 2026/Q3 | +152,192 | 2.0% |
| Segall Bryant & Hamill, LLC | Mutual Fund | 2026/Q3 | +94,042 | 0.5% |
| LSV Asset Management | Mutual Fund | 2026/Q3 | +89,008 | 1.8% |
| Maltese Capital Management, LLC | Hedge Fund | 2026/Q3 | +73,600 | 0.8% |
| BlackRock | Mutual Fund | 2026/Q3 | +65,013 | 14.0% |
| Algert Global LLC | Hedge Fund | 2026/Q3 | +63,314 | 1.0% |
| Millennium Management LLC | Hedge Fund | 2026/Q3 | +49,860 | 0.3% |
| Los Angeles Capital Management LLC | Mutual Fund | 2026/Q3 | +49,458 | 0.3% |
| Arrowstreet Capital, Limited Partnership | Mutual Fund | 2026/Q3 | +49,011 | 1.2% |
| Integrated Quantitative Investments LLC | Mutual Fund | 2026/Q3 | +46,781 | 0.2% |
| Epoch Investment Partners, Inc. | Mutual Fund | 2026/Q3 | +41,587 | 0.2% |
| Federated Hermes, Inc. | Mutual Fund | 2026/Q3 | +39,627 | 0.5% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +32,882 | 1.0% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 29 Sep 2026 | Richard Ramos | Independent Director | Other Derivative Acquisition | +513 | – | 47,472 |
| 29 Sep 2026 | Jeffrey Smith | Independent Chairperson | Other Derivative Acquisition | +450 | – | 9,975 |
| 29 Sep 2026 | Robert Schultz | Independent Director | Other Derivative Acquisition | +1,193 | – | 112,221 |
| 29 Sep 2026 | Jerry McDaniel | Independent Director | Other Derivative Acquisition | +396 | – | 38,406 |
| 29 Sep 2026 | Jeffrey McDonnell | Independent Director | Other Derivative Acquisition | +282 | – | 19,401 |
| 29 Sep 2026 | Travis Franklin | Independent Director | Other Derivative Acquisition | +529 | $22.65 | 12,411 |
| 29 Sep 2026 | Gerald Carlson | Independent Director | Other Derivative Acquisition | +598 | – | 14,003 |
| 29 Sep 2026 | Richard Bingham | Independent Director | Other Derivative Acquisition | +340 | – | 23,470 |
| 29 Sep 2026 | Jennifer DiMotta | Independent Director | Other Derivative Acquisition | +165 | – | 11,560 |
| 29 Sep 2026 | Daniel Casey | EVP & Chief Risk Officer of Midland States Bank | Other Acquisition | +356 | $28.23 | 28,827 |
| 7 Sep 2026 | Kyle Mooney | Chief Information Officer | Derivative Exercise and Sale | -2,400 | $33.33 | 13,610 |
| 17 Aug 2026 | Kyle Mooney | Chief Information Officer | Open Market Disposition | -489 | $33.16 | 13,610 |
| 10 Aug 2026 | Kyle Mooney | Chief Information Officer | Derivative Exercise and Sale | -1,198 | $33.51 | 14,099 |
| 4 Aug 2026 | Kyle Mooney | Chief Information Officer | Sale to Issuer | -108 | $34.53 | 14,099 |
| 27 Jul 2026 | Jeffrey Ludwig | President, CEO & Vice Chairman | Derivative Exercise and Sale | -8,383 | $34.00 | 412,540 |
| 29 Jun 2026 | Richard Ramos | Independent Director | Other Acquisition | +1,445 | $31.14 | 21,548 |
| 29 Jun 2026 | Richard Ramos | Independent Director | Other Derivative Acquisition | +618 | – | 46,959 |
| 29 Jun 2026 | Jeffrey Smith | Independent Chairperson | Other Derivative Acquisition | +485 | – | 9,525 |
| 29 Jun 2026 | Jeffrey Smith | Independent Chairperson | Other Derivative Acquisition | +1,445 | – | 14,571 |
| 29 Jun 2026 | Robert Schultz | Independent Director | Other Derivative Acquisition | +2,864 | – | 111,028 |
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 Oct 2026 | 1,049,161 | 5.1% | 7.8 |
| 30 Sep 2026 | 943,052 | 4.5% | 4.2 |
| 15 Sep 2026 | 1,016,520 | 4.9% | 8.4 |
| 31 Aug 2026 | 982,569 | 4.7% | 6.4 |
| 14 Aug 2026 | 909,547 | 4.4% | 5.4 |
| 31 Jul 2026 | 901,833 | 4.3% | 4.2 |
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