Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) Sees Large Growth in Short Interest

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Northeast Indiana Bancorp Trading Up 1.3%

Shares of NIDB stock traded up $0.30 during trading hours on Friday, reaching $24.00. The stock had a trading volume of 3,294 shares, compared to its average volume of 174. The stock’s fifty day simple moving average is $23.91 and its 200 day simple moving average is $23.13. Northeast Indiana Bancorp has a 12 month low of $18.60 and a 12 month high of $24.85. The firm has a market capitalization of $56.40 million, a PE ratio of 8.03 and a beta of 0.16.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.80 EPS for the quarter. The firm had revenue of $5.71 million for the quarter.

Northeast Indiana Bancorp Company Profile

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.