Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) Short Interest Update

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 64 shares, a drop of 37.9% from the May 31st total of 103 shares. Based on an average trading volume of 345 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Northeast Indiana Bancorp Stock Performance

Shares of OTCMKTS NIDB opened at $23.80 on Friday. Northeast Indiana Bancorp has a 52-week low of $17.20 and a 52-week high of $24.85. The stock has a market cap of $55.93 million, a P/E ratio of 8.26 and a beta of 0.16. The firm has a 50 day moving average price of $23.61 and a 200 day moving average price of $22.47.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last posted its earnings results on Tuesday, April 28th. The company reported $0.68 earnings per share for the quarter. The firm had revenue of $5.42 million during 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.