Short Interest in Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) Expands By ∞

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) was the target of a significant growth in short interest in 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,095 shares, the days-to-cover ratio is presently 0.0 days.

Northeast Indiana Bancorp Price Performance

Shares of Northeast Indiana Bancorp stock remained flat at $23.80 during trading hours on Tuesday. The stock had a trading volume of 17 shares, compared to its average volume of 1,299. Northeast Indiana Bancorp has a 1 year low of $16.95 and a 1 year high of $24.85. The stock has a market capitalization of $55.92 million, a PE ratio of 8.26 and a beta of 0.15. The stock’s 50-day moving average is $23.29 and its two-hundred day moving average is $22.15.

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

About Northeast Indiana Bancorp

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.