CF Bankshares Inc. (NASDAQ:CFBK) Sees Large Decrease in Short Interest

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 8,800 shares, a decline of 22.8% from the February 13th total of 11,400 shares. Based on an average trading volume of 20,500 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are short sold.

CF Bankshares Stock Down 0.0 %

NASDAQ:CFBK traded down $0.00 during trading hours on Tuesday, hitting $22.15. The stock had a trading volume of 3,373 shares, compared to its average volume of 11,408. The company has a market cap of $113.54 million, a PE ratio of 10.75 and a beta of 0.59. The business has a 50 day simple moving average of $23.53 and a two-hundred day simple moving average of $24.34. CF Bankshares has a 1-year low of $16.92 and a 1-year high of $31.17. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were paid a $0.07 dividend. The ex-dividend date was Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.26%. CF Bankshares’s dividend payout ratio (DPR) is presently 13.59%.

Hedge Funds Weigh In On CF Bankshares

Hedge funds have recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in CF Bankshares during the fourth quarter valued at approximately $395,000. Citadel Advisors LLC bought a new stake in shares of CF Bankshares in the 4th quarter valued at approximately $251,000. 683 Capital Management LLC acquired a new stake in shares of CF Bankshares during the 4th quarter valued at approximately $340,000. Rhino Investment Partners Inc bought a new position in CF Bankshares during the fourth quarter worth $5,557,000. Finally, Northern Trust Corp acquired a new position in CF Bankshares in the fourth quarter worth $486,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.