First Bancorp of Indiana Inc. (OTCMKTS:FBPI) Short Interest Up 236.8% in June

First Bancorp of Indiana Inc. (OTCMKTS:FBPI) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,044 shares, a growth of 236.8% from the June 15th total of 310 shares. Based on an average daily volume of 524 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.1% of the shares of the stock are sold short.

First Bancorp of Indiana Stock Performance

Shares of First Bancorp of Indiana stock traded up $0.28 on Tuesday, hitting $14.58. 250 shares of the company traded hands, compared to its average volume of 1,197. The business has a 50-day simple moving average of $14.19 and a 200 day simple moving average of $13.21. First Bancorp of Indiana has a 52 week low of $9.25 and a 52 week high of $15.00. The stock has a market capitalization of $24.93 million, a P/E ratio of 69.42 and a beta of 0.13.

First Bancorp of Indiana Company Profile

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.