Short Interest in BANCORP 34 (OTCMKTS:BCTF) Grows By 29,200.0%
by Mitch Edgeman · The Markets DailyBANCORP 34 (OTCMKTS:BCTF – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 586 shares, a growth of 29,200.0% from the November 30th total of 2 shares. Based on an average daily volume of 9,915 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,915 shares, the short-interest ratio is currently 0.1 days.
BANCORP 34 Stock Performance
OTCMKTS BCTF traded up $0.06 during trading hours on Wednesday, reaching $13.47. 500 shares of the company’s stock were exchanged, compared to its average volume of 8,647. The company has a market capitalization of $91.87 million, a price-to-earnings ratio of 15.31 and a beta of 0.17. The company’s 50-day moving average is $13.42 and its two-hundred day moving average is $12.83. BANCORP 34 has a one year low of $10.84 and a one year high of $14.50.
BANCORP 34 (OTCMKTS:BCTF – Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.19 earnings per share for the quarter. BANCORP 34 had a net margin of 11.76% and a return on equity of 4.02%. The company had revenue of $7.98 million during the quarter.
BANCORP 34 Company Profile
Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.