INDB (Independent Bank) Short Percentage of Float

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

INDB Independent Bank Corp INDB
64 GF Score
Price $83.67
GF Value $75.60
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Independent Bank Short Percentage of Float?

Short Percentage of Float is the percentage of shares shorted compared to the float.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.


INDB vs RNST, WSFS, CVBF: Short Percentage of Float Comparison

For the Banks - Regional subindustry, Independent Bank's Short Percentage of Float, along with its competitors' market caps and Short Percentage of Float data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Independent Bank Short Percentage of Float vs Banks Industry

For the Banks industry and Financial Services sector, Independent Bank's Short Percentage of Float distribution charts can be found below:

* The bar in red indicates where Independent Bank's Short Percentage of Float falls into.


INDB
64GF Score
Independent Bank Corp INDB
Short Percentage of Float is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Independent Bank (INDB) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued. The current stock price of $83.67 is trading 10.7% above its estimated GF Value™ of $75.60. GuruFocus considers Independent Bank to be Modestly Overvalued.

Key valuation signals for INDB:

  • Short Percentage of Float:
  • GF Value™: $75.60 vs. price of $83.67 (10.7% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the INDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Independent Bank Business Description

Address 2036 Washington Street, Hanover, MA, USA, 02339
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
64GF Score

Get the complete analysis for INDB

Short Percentage of Float is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.67
Price
$75.60
GF Value