Trading was light with 0 shares changing hands by the end of trading on Tuesday. Trading volume was down 100.00% under the stocks average daily volume.
Short traders are more bearish of late if you evaluate the rise in short interest. The company recorded a rise in short interest from September 29, 2017 to October 13, 2017 of 99.52%. Short shares increased 418 over that period. With short interest at 838 and short average daily volume at 1,995, the short-interest ratio is 0.0 and the percentage of shorted shares was 0.00% on October 13.
The company is unchanged since yesterday’s close of $0.00. Company shares are trading at $25.53 just a bit lower than the 50 day moving average of $25.69 and which is just under the 200 day moving average of $25.91. The 50 day moving average was down $-0.16 whereas the 200 day moving average was down $-0.38 or -1.4693%.
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides online commercial and retail banking services in the United States. It offers savings accounts, non-interest bearing and interest-bearing accounts, money market accounts, brokered deposit accounts, and certificates of deposit. The company provides loans to individuals, which include residential real estate loans, home equity loans, lines of credit, and other consumer loans; and loans to commercial clients that comprise commercial and industrial loans, owner-occupied commercial real estate loans, investor commercial real estate loans, construction loans, letters of credit, and single tenant lease financing. It offers its services through its Website, firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana..Advertisement