Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Rises By 5.6%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 13,300 shares, an increase of 5.6% from the November 30th total of 12,600 shares. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Citizens Community Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of CZWI. Geode Capital Management LLC lifted its position in shares of Citizens Community Bancorp by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after buying an additional 1,732 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares during the last quarter. Empowered Funds LLC boosted its position in Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after purchasing an additional 2,948 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Citizens Community Bancorp by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares in the last quarter. Finally, Barclays PLC bought a new stake in shares of Citizens Community Bancorp in the third quarter valued at approximately $48,000. 55.11% of the stock is owned by institutional investors.

Citizens Community Bancorp Price Performance

Shares of NASDAQ:CZWI opened at $16.25 on Thursday. The company has a market capitalization of $163.05 million, a P/E ratio of 11.52 and a beta of 1.08. The company’s 50-day moving average is $15.70 and its 200 day moving average is $13.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. The firm had revenue of $25.43 million for the quarter, compared to analysts’ expectations of $14.00 million. On average, equities research analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Citizens Community Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, December 19th.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.