NASB Financial Inc. (OTCMKTS:NASB) Sees Significant Drop in Short Interest

by · The Cerbat Gem

NASB Financial Inc. (OTCMKTS:NASB – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 86 shares, a decline of 53.0% from the December 15th total of 183 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,102 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,102 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

NASB Financial Stock Performance

Shares of NASB traded up $0.20 during mid-day trading on Wednesday, reaching $37.20. The company’s stock had a trading volume of 600 shares, compared to its average volume of 750. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.57. NASB Financial has a 1-year low of $30.68 and a 1-year high of $37.56. The business has a 50-day simple moving average of $36.06 and a two-hundred day simple moving average of $35.23. The stock has a market cap of $268.96 million, a P/E ratio of 9.35 and a beta of 0.03.

NASB Financial (OTCMKTS:NASB – Get Free Report) last posted its quarterly earnings results on Tuesday, December 16th. The financial services provider reported $1.12 earnings per share for the quarter. NASB Financial had a return on equity of 6.85% and a net margin of 15.19%.The business had revenue of $23.23 million for the quarter.

About NASB Financial

(Get Free Report)

NASB Financial, Inc is the bank holding company for North American Savings Bank, F.S.B., a federal savings bank headquartered in Little Rock, Arkansas. Through its subsidiary operations, NASB Financial offers a full suite of banking and financial services to individual and business clients. The company’s core activities include accepting deposits, making consumer and commercial loans, and originating mortgage loans for sale into the secondary market.

In addition to traditional deposit and lending services, NASB Financial provides mortgage banking solutions, including retail mortgage origination, correspondent lending, and loan servicing.

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