Institutional sellers dominated buyers in INDEPENDENT BANK CORP /MI/ on 11/29/2024

Post date: 2024-12-16 17:49:02 GMT

This chart shows distribution of Institutional flows for IBCP: % buyers in green and % sellers in red. The proportions of the institutional flows are estimated as a % of the total volume traded in IBCP on 11/29/2024. As the chart shows, most recently there is more mass on the sellers side of the institutional flows than on the buyers side. However, the history of institutional flows and their relative proportion over time also matters. The 20-day trendline shows the slope of 22.0%. This implies that the trend has been dominated by institutional buyers.

Independent Bank Corp /MI/ (IBCP) is a financial institution based in Michigan that provides a wide range of banking and financial services to its clients. With over 100 years of experience, IBCP has established itself as a trusted and reliable partner for individuals and businesses alike. The bank prides itself on its independence, which allows it to make decisions based on the best interests of its customers rather than external shareholders. This commitment to independence has helped IBCP build strong relationships with its clients, who value the personalized and tailored solutions offered by the bank. Overall, IBCP is dedicated to providing quality service, fostering growth, and contributing to the economic development of the communities it serves.