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

First Bancorp of Indiana Inc. (OTCMKTS:FBPIGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,044 shares, an increase of 236.8% from the June 15th total of 310 shares. Based on an average trading volume of 524 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.1% of the company’s stock are sold short.

First Bancorp of Indiana Stock Performance

OTCMKTS:FBPI opened at $14.70 on Monday. The stock has a market cap of $25.14 million, a price-to-earnings ratio of 70.00 and a beta of 0.13. First Bancorp of Indiana has a one year low of $9.25 and a one year high of $15.00. The business’s 50-day simple moving average is $14.18 and its 200 day simple moving average is $13.19.

About First Bancorp of Indiana

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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.

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