Northrim BanCorp Short Interest Drops 12.4% in February

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Northrim BanCorp Inc. (NASDAQ:NRIM), the bank holding company for Northrim Bank, saw a 12.4% decrease in short interest during the month of February. As of February 27th, there was short interest totaling 404,510 shares, down from 461,821 shares on February 12th. Based on the company's average daily trading volume of 141,865 shares, the current short interest ratio is 2.9 days.

Why it matters

The drop in short interest for Northrim BanCorp could indicate increased investor confidence in the company's performance and outlook. Short selling activity is often seen as a bearish indicator, so a decline in short interest may suggest that some investors are becoming more bullish on the stock.

The details

Northrim BanCorp is a community bank headquartered in Anchorage, Alaska that offers a range of personal and commercial banking products and services. The company has branches located across Alaska's major population centers, serving both urban and rural communities.

• As of February 27th, 2026, there was short interest totaling 404,510 shares.
• On February 12th, 2026, the short interest totaled 461,821 shares.