First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Short Interest Update

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 933 shares, a growth of 606.8% from the January 29th total of 132 shares. Based on an average daily trading volume, of 4,076 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 4,076 shares, the short-interest ratio is presently 0.2 days.

First Internet Bancorp – Fixed- Trading Up 0.8%

Shares of First Internet Bancorp – Fixed- stock traded up $0.19 during trading on Wednesday, reaching $24.54. The company’s stock had a trading volume of 5,182 shares, compared to its average volume of 3,499. The business’s 50-day moving average price is $24.69 and its 200-day moving average price is $24.70. First Internet Bancorp – Fixed- has a 52 week low of $23.00 and a 52 week high of $25.14.

First Internet Bancorp – Fixed- Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Sunday, February 15th will be issued a $0.5039 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.02 dividend on an annualized basis and a yield of 8.2%.

About First Internet Bancorp – Fixed-

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.