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

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 44 shares, a decrease of 98.8% from the December 31st total of 3,672 shares. Based on an average daily trading volume, of 2,927 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 2,927 shares, the short-interest ratio is currently 0.0 days.

First Internet Bancorp – Fixed- Stock Up 0.7%

Shares of First Internet Bancorp – Fixed- stock traded up $0.17 during trading hours on Thursday, hitting $24.64. The company’s stock had a trading volume of 669 shares, compared to its average volume of 2,645. The stock has a 50 day moving average of $24.68 and a 200 day moving average of $24.72. First Internet Bancorp – Fixed- has a 12 month low of $23.00 and a 12 month high of $25.49.

First Internet Bancorp – Fixed- Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Saturday, November 15th were paid a $0.5236 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.09 dividend on an annualized basis and a yield of 8.5%.

First Internet Bancorp – Fixed- Company Profile

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.