Short Interest in First Bancorp of Indiana Inc. (OTCMKTS:FBPI) Drops By 49.2%

First Bancorp of Indiana Inc. (OTCMKTS:FBPIGet Free Report) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 373 shares, a decline of 49.2% from the April 15th total of 734 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,567 shares, the days-to-cover ratio is presently 0.1 days.

First Bancorp of Indiana Price Performance

Shares of FBPI remained flat at $14.07 on Friday. The company has a market capitalization of $24.06 million, a PE ratio of 67.00 and a beta of 0.14. First Bancorp of Indiana has a one year low of $9.25 and a one year high of $15.00. The stock has a 50-day simple moving average of $13.64 and a two-hundred day simple moving average of $12.38.

About First Bancorp of Indiana

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First Bancorp of Indiana is a bank holding company headquartered in Evansville, Indiana. Through its banking subsidiary, the company offers a range of financial products and services, including deposit accounts, mortgage lending, consumer and commercial loans, and cash-management solutions designed to meet the needs of both individual and business clients.

The company operates a network of branch offices alongside a digital banking platform to serve communities in southwestern Indiana and the greater Louisville, Kentucky metropolitan area.

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