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 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 trading volume of 222 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Northeast Indiana Bancorp Trading Up 1.3%

Shares of OTCMKTS:NIDB traded up $0.30 during midday trading on Friday, reaching $24.00. The company had a trading volume of 3,294 shares, compared to its average volume of 174. The stock has a market cap of $56.40 million, a P/E ratio of 8.03 and a beta of 0.16. The company’s 50 day moving average price is $23.91 and its 200 day moving average price is $23.13. Northeast Indiana Bancorp has a 52-week low of $18.60 and a 52-week high of $24.85.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.80 earnings per share (EPS) for the quarter. The company 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.