Bancorp 34, Inc. (OTCMKTS:BCTF) Short Interest Up 900.0% in October

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, an increase of 900.0% from the September 30th total of 100 shares. Based on an average trading volume of 10,000 shares, the short-interest ratio is presently 0.1 days.

Bancorp 34 Price Performance

Bancorp 34 stock traded down $0.16 during trading hours on Friday, hitting $11.84. 2,703 shares of the company traded hands, compared to its average volume of 6,468. The firm has a market cap of $78.25 million, a P/E ratio of -23.68 and a beta of 0.32. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.65. The firm’s 50-day simple moving average is $11.22 and its two-hundred day simple moving average is $10.04. Bancorp 34 has a 1-year low of $7.56 and a 1-year high of $12.50.

Bancorp 34 (OTCMKTS:BCTF) last issued its quarterly earnings data on Wednesday, August 14th. The company reported $0.21 EPS for the quarter. Bancorp 34 had a negative net margin of 4.02% and a negative return on equity of 2.38%. The firm had revenue of $9.10 million for 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.