First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Sees Significant Increase in Short Interest

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, an increase of 133.3% from the March 31st total of 300 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.2 days.

First Internet Bancorp – Fixed- Stock Down 0.5 %

Shares of NASDAQ INBKZ traded down $0.13 during midday trading on Friday, reaching $23.82. The stock had a trading volume of 101 shares, compared to its average volume of 3,918. The company’s 50 day moving average price is $23.33 and its 200 day moving average price is $22.20. First Internet Bancorp – Fixed- has a twelve month low of $17.00 and a twelve month high of $24.43.

First Internet Bancorp – Fixed- Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, March 30th. Investors of record on Thursday, February 15th were issued a $0.375 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.50 annualized dividend and a yield of 6.30%.

First Internet Bancorp – Fixed- Company Profile

first internet bancorp operates as the bank holding company for first internet bank of indiana that provides commercial and retail banking products and services in the united states. the company offers savings and money market accounts, non-interest bearing and interest-bearing demand deposits, brokered deposit accounts, and certificates of deposit.