First Internet Bancorp Sees Surge in Short Interest

Shares of the online-only bank see significant increase in short positions

Mar. 30, 2026 at 5:13pm

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First Internet Bancorp (NASDAQ:INBK), a pioneer in digital banking, saw a significant increase in short interest during March. As of March 13th, short interest totaled 153,446 shares, up 26.5% from the previous month. With an average daily trading volume of 50,422 shares, the days-to-cover ratio is currently 3.0 days, indicating increased bearish sentiment around the stock.

Why it matters

The rise in short interest suggests investors are growing more pessimistic about First Internet Bancorp's near-term prospects, potentially signaling concerns about the company's performance or the broader economic outlook. This could impact the stock price and investor confidence in the digital banking sector.

The details

First Internet Bancorp, which operates an online-only bank, has seen its short interest increase to 1.9% of its outstanding shares. The company's stock price has fluctuated in recent months, trading between $17.05 and $28.51 over the past 52 weeks.

  • As of March 13th, 2026, short interest totaled 153,446 shares.
  • This represents a 26.5% increase from the February 26th total of 121,277 shares.

The players

First Internet Bancorp

A pioneer in digital banking in the United States, offering fully integrated, web-based financial solutions without the overhead of physical branches.

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What’s next

Investors will be closely watching to see if the increased short interest leads to further volatility in First Internet Bancorp's stock price in the coming weeks and months.

The takeaway

The surge in short interest for First Internet Bancorp highlights the growing skepticism around the digital banking sector, as investors may be concerned about the company's performance or the broader economic outlook. This could signal a shift in sentiment that bears watching for the industry.