Carver Bancorp, Inc. (NASDAQ:CARV) Short Interest Up 9.6% in November

Carver Bancorp, Inc. (NASDAQ:CARV) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 25,100 shares, an increase of 9.6% from the November 15th total of 22,900 shares. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is currently 1.0 days.

Insider Transactions at Carver Bancorp

In related news, CEO Donald Felix acquired 26,946 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was bought at an average cost of $1.67 per share, with a total value of $44,999.82. Following the acquisition, the chief executive officer now owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.32% of the company’s stock.

Carver Bancorp Trading Up 1.1 %

Shares of NASDAQ CARV traded up $0.02 during mid-day trading on Monday, hitting $1.86. The stock had a trading volume of 11,387 shares, compared to its average volume of 30,531. The firm has a market cap of $9.50 million, a P/E ratio of -2.22 and a beta of 1.12. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50 day moving average price of $1.73 and a two-hundred day moving average price of $1.78. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Carver Bancorp in a research note on Wednesday, December 11th. They issued a “sell” rating for the company.

Carver Bancorp Company Profile

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.