First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Short Interest Up 200.0% in January

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 132 shares, an increase of 200.0% from the January 15th total of 44 shares. Based on an average daily trading volume, of 1,712 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,712 shares, the days-to-cover ratio is currently 0.1 days.

First Internet Bancorp – Fixed- Trading Down 1.6%

First Internet Bancorp – Fixed- stock opened at $24.30 on Friday. The stock has a 50-day moving average price of $24.71 and a two-hundred day moving average price of $24.72. First Internet Bancorp – Fixed- has a 12 month low of $23.00 and a 12 month high of $25.25.

First Internet Bancorp – Fixed- Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Sunday, February 15th will be given a dividend of $0.5039 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.02 dividend on an annualized basis and a yield of 8.3%.

First Internet Bancorp – Fixed- Company Profile

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.