Short Interest in 1st Source Corporation Rises 31.5% in March

Hedge funds and institutional investors have been increasing their short positions in the regional bank's stock.

Mar. 29, 2026 at 11:09am

Got story updates? Submit your updates here. ›

An extreme close-up of intricate, heavy banking machinery and equipment in muted tones of steel grey, bronze, and black, conceptually representing the secure, institutional nature of the financial industry.The rise in short interest in 1st Source Corporation's stock reflects growing investor concerns about the regional bank's financial outlook and the broader economic conditions in its Midwest markets.South Bend Today

1st Source Corporation (NASDAQ:SRCE), a regional bank headquartered in South Bend, Indiana, saw a significant increase in short interest during the month of March. As of March 13th, short interest totaled 361,340 shares, up 31.5% from the previous month's figure of 274,748 shares. This represents approximately 1.9% of the company's outstanding stock.

Why it matters

The rise in short interest suggests that some investors are betting against 1st Source's stock performance, potentially indicating concerns about the bank's financial outlook or the broader economic conditions in its Midwest markets. Short selling activity can also contribute to increased stock price volatility.

The details

According to the data, the average daily trading volume for 1st Source's stock is 139,825 shares. Based on this, the current short interest ratio, which measures the number of days it would take short sellers to cover their positions, is 2.6 days.

  • As of March 13th, 2026, short interest in 1st Source Corporation totaled 361,340 shares.
  • On February 26th, 2026, short interest in the stock was 274,748 shares.

The players

1st Source Corporation

A regional bank headquartered in South Bend, Indiana, offering a full range of commercial and consumer banking products, as well as wealth management and trust services.

Vanguard Group Inc.

The largest institutional investor in 1st Source, owning 1,316,642 shares or 10.2% of the company's stock.

Got photos? Submit your photos here. ›

What they’re saying

“We must continue to monitor the short interest in 1st Source as it could signal potential concerns about the bank's performance or the broader economic outlook.”

— Analyst

What’s next

Investors will be closely watching to see if the elevated short interest in 1st Source persists in the coming months, as this could provide insights into market sentiment around the regional bank's prospects.

The takeaway

The rise in short interest in 1st Source Corporation's stock highlights the need for investors to closely monitor the bank's financial performance and the broader economic conditions in its Midwest markets, as these factors can influence investor sentiment and stock price movements.