Alerus Financial

ALRS

Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services.

Alerus Financial has been a target of short sellers for a while. The current short interest of 5.11% is roughly at the average of the last 12 months (3.41%).