Short Interest in First Bancorp of Indiana Inc. (OTCMKTS:FBPI) Expands By 236.8%

First Bancorp of Indiana Inc. (OTCMKTS:FBPIGet Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 1,044 shares, a growth of 236.8% from the June 15th total of 310 shares. Based on an average trading volume of 524 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.1% of the company’s stock are sold short.

First Bancorp of Indiana Price Performance

FBPI opened at $14.70 on Monday. The firm’s 50 day moving average is $14.18 and its 200-day moving average is $13.19. First Bancorp of Indiana has a 52-week low of $9.25 and a 52-week high of $15.00. The firm has a market capitalization of $25.14 million, a P/E ratio of 70.00 and a beta of 0.13.

First Bancorp of Indiana Company Profile

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First Bancorp of Indiana is a bank holding company headquartered in Evansville, Indiana. Through its banking subsidiary, the company offers a range of financial products and services, including deposit accounts, mortgage lending, consumer and commercial loans, and cash-management solutions designed to meet the needs of both individual and business clients.

The company operates a network of branch offices alongside a digital banking platform to serve communities in southwestern Indiana and the greater Louisville, Kentucky metropolitan area.

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