First Internet Bancorp (INBK) May Face Short Squeeze

In the past 20 years (since 2005 with the introduction of RegSho), short selling has come under scrutiny as millions of retail investors have discovered what we have been highlighting since early 2005. Market makers abuse the “market maker’s exemption” and short excessive amounts of shares in your stock without locating, borrowing, paying the rebate or the interest rate to borrow. They are required to cover on the same trading day, and our data proves they do not.

The chart below shows “Daily Short Volume” in First Internet Bancorp (INBK), and includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales. We consolidate the tape of all 14 US stock exchanges and purchase the “sell short” trade identifier data directly from the exchanges on a daily basis. This complete view of the trading in your stock shows a vastly different picture than “Total Short Interest”, which only includes non-exempt short sales that have not been covered by the twice per month reporting date. Unfortunately, this misses the majority of the short selling.

This indicates that a Short Squeeze may be starting in shares of First Internet Bancorp at $27.68, after crossing above the $27.315 Trigger Price. This could signal a buying opportunity, given the right market conditions.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-07-15	14,050	47,515	29.57	27.48	386,094
2025-07-14	12,442	75,281	16.53	27.81	346,012
2025-07-11	15,383	46,582	33.02	27.65	425,340
2025-07-10	7,748	92,444	8.38	27.74	214,930
2025-07-09	4,417	27,083	16.31	27.45	121,247
2025-07-08	5,272	39,385	13.39	27.53	145,138
2025-07-07	10,007	29,855	33.52	27.63	276,493
2025-07-03	13,521	23,925	56.51	28.14	380,481
2025-07-02	22,374	58,715	38.11	27.88	623,787
2025-07-01	11,140	67,769	16.44	27.68	308,355
2025-06-30	11,629	30,024	38.73	27.01	314,099
2025-06-27	7,469	78,250	9.55	27.58	205,995
2025-06-26	16,290	50,284	32.4	27.5	447,975
2025-06-25	25,019	52,286	47.85	26.55	664,254
2025-06-24	30,949	82,608	37.46	26.49	819,839
2025-06-23	13,040	49,455	26.37	24.57	320,393
2025-06-20	19,583	71,462	27.4	23.35	457,263
2025-06-18	7,781	17,660	44.06	23.27	181,064
2025-06-17	8,314	21,249	39.13	23.21	192,968
2025-06-16	6,169	22,717	27.16	23.42	144,478
2025-06-13	10,936	28,679	38.13	23.42	256,121
2025-06-12	6,419	19,483	32.95	24.03	154,249
2025-06-11	10,790	26,285	41.05	24.25	261,658
2025-06-10	6,303	21,208	29.72	24.15	152,217
2025-06-09	5,633	25,825	21.81	23.63	133,108
2025-06-06	8,244	21,034	39.19	23.36	192,580
2025-06-05	12,203	45,634	26.74	22.69	276,886
2025-06-04	9,049	43,753	20.68	23.14	209,394
2025-06-03	6,432	34,631	18.57	23.79	153,017
2025-06-02	34,350	84,427	40.69	23.57	809,630
2025-05-30	9,882	22,225	44.46	24.22	239,342
2025-05-29	19,043	31,022	61.39	24.53	467,125
2025-05-28	9,557	35,256	27.11	24.26	231,853
2025-05-27	37,005	90,675	40.81	24.58	909,583
2025-05-23	16,715	47,011	35.56	23.56	393,805
2025-05-22	12,770	36,705	34.79	23.76	303,415
2025-05-21	13,075	37,725	34.66	23.95	313,146

Total	16,796,030	56,941,947	29.5	27.33	458,959,282

* Totals include all data records back to 2020-07-17 00:00:00, data set is truncated for viewing.