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

Citizens Community Bancorp, Inc. (NASDAQ:CZWIGet Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 30,200 shares, an increase of 127.1% from the December 31st total of 13,300 shares. Based on an average daily trading volume, of 23,800 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CZWI. Empowered Funds LLC boosted its stake in shares of Citizens Community Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock worth $967,000 after buying an additional 1,100 shares during the last quarter. Ritholtz Wealth Management acquired a new position in Citizens Community Bancorp during the fourth quarter valued at approximately $240,000. Barclays PLC bought a new position in Citizens Community Bancorp in the third quarter valued at approximately $48,000. Geode Capital Management LLC increased 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 worth $1,476,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Fourthstone LLC bought a new stake in shares of Citizens Community Bancorp during the 3rd quarter worth approximately $1,520,000. 55.11% of the stock is currently owned by institutional investors and hedge funds.

Citizens Community Bancorp Stock Up 0.8 %

Shares of Citizens Community Bancorp stock traded up $0.13 during trading on Friday, reaching $15.93. The stock had a trading volume of 2,114 shares, compared to its average volume of 21,725. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $159.73 million, a price-to-earnings ratio of 11.97 and a beta of 1.08. The stock has a fifty day moving average price of $16.28 and a two-hundred day moving average price of $14.51. Citizens Community Bancorp has a 52 week low of $10.14 and a 52 week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWIGet Free Report) last released its earnings results on Monday, January 27th. The bank reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. Sell-side analysts predict that Citizens Community Bancorp will post 1.31 EPS for the current fiscal year.

Citizens Community Bancorp Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.36 per share. This is a boost from Citizens Community Bancorp’s previous annual dividend of $0.32. The ex-dividend date of this dividend is Friday, February 7th. This represents a yield of 2%. Citizens Community Bancorp’s dividend payout ratio is presently 24.06%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

Read Our Latest Stock Report on CZWI

Citizens Community Bancorp Company Profile

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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.

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