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

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 103 shares, a growth of ∞ from the May 14th total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,095 shares, the days-to-cover ratio is currently 0.0 days.

Northeast Indiana Bancorp Stock Performance

NIDB remained flat at $23.80 during trading on Friday. Northeast Indiana Bancorp has a one year low of $16.95 and a one year high of $24.85. The firm has a market capitalization of $55.99 million, a PE ratio of 8.26 and a beta of 0.15. The company has a fifty day moving average of $23.26 and a two-hundred day moving average of $22.11.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.68 earnings per share (EPS) 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.