Short Interest in Madison County Financial Inc. (OTCMKTS:MCBK) Drops By 64.7%

by · The Cerbat Gem

Madison County Financial Inc. (OTCMKTS:MCBK – Get Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 110 shares, a decline of 64.7% from the April 30th total of 312 shares. Based on an average trading volume of 995 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Madison County Financial Price Performance

Shares of MCBK remained flat at $31.85 during midday trading on Monday. Madison County Financial has a fifty-two week low of $25.01 and a fifty-two week high of $34.45. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72. The company has a 50-day simple moving average of $30.58 and a 200-day simple moving average of $28.65.

Madison County Financial Company Profile

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Madison County Financial, Inc is a bank holding company headquartered in Huntsville, Alabama, operating through its wholly owned subsidiary, Madison County Bank. The company focuses on community banking services, serving individuals, small businesses and nonprofit organizations across Madison County and its surrounding areas.

Madison County Financial offers a full suite of deposit products, including checking, savings and money market accounts, as well as certificates of deposit. On the lending side, the company provides consumer loans, residential real estate financing, commercial lending and construction loans.

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