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

Northeast Indiana Bancorp Inc. (OTCMKTS:NIDB) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 103 shares, a growth of ? from the May 14th total of 0 shares. Based on an average trading volume of 4,095 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Northeast Indiana Bancorp Price Performance

Shares of NIDB stock remained flat at $23.80 during trading hours on Friday. Northeast Indiana Bancorp has a twelve month low of $16.95 and a twelve month high of $24.85. The company has a 50-day moving average of $23.26 and a 200 day moving average of $22.11. The firm has a market capitalization of $55.99 million, a P/E ratio of 8.26 and a beta of 0.15.

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 business 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.