Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Grows By 127.1%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 30,200 shares, an increase of 127.1% from the December 15th total of 13,300 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are short sold.

Citizens Community Bancorp Trading Down 0.5 %

Shares of CZWI traded down $0.08 during mid-day trading on Thursday, reaching $15.86. 16,776 shares of the company were exchanged, compared to its average volume of 22,144. The business has a 50 day simple moving average of $16.04 and a two-hundred day simple moving average of $14.17. Citizens Community Bancorp has a 52 week low of $10.14 and a 52 week high of $17.04. The stock has a market capitalization of $159.07 million, a PE ratio of 11.27 and a beta of 1.08. 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 (NASDAQ:CZWI) last announced its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. On average, analysts predict that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Citizens Community Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Fourthstone LLC bought a new stake in Citizens Community Bancorp in the 3rd quarter valued at about $1,520,000. Ritholtz Wealth Management acquired a new position in shares of Citizens Community Bancorp during the fourth quarter worth approximately $240,000. Acadian Asset Management LLC lifted its holdings in shares of Citizens Community Bancorp by 25.0% in the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after purchasing an additional 9,615 shares in the last quarter. Barclays PLC acquired a new stake in Citizens Community Bancorp in the 3rd quarter valued at $48,000. Finally, Dimensional Fund Advisors LP increased its stake in Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after purchasing an additional 2,986 shares in the last quarter. Institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Company Profile

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.