Short Interest in First Bancorp, Inc (ME) (NASDAQ:FNLC) Grows By 38.8%

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Short interest in First Bancorp, Inc (ME) (NASDAQ:FNLC) surged by 38.8% in March, reaching 81,752 shares as of March 13th. This represents about 0.8% of the stock’s shares and a short-interest ratio of 4.4 days. Institutional investors have also increased their holdings, with several funds boosting their stakes, and the company recently declared a quarterly dividend of $0.37 per share, yielding approximately 5.3%.

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