Short Interest in BANCORP 34 (OTCMKTS:BCTF) Expands By 5,677.8%

BANCORP 34 (OTCMKTS:BCTF) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,560 shares, an increase of 5,677.8% from the January 29th total of 27 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 11,944 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 11,944 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

BANCORP 34 Stock Performance

OTCMKTS BCTF opened at $15.98 on Friday. The firm’s 50 day moving average price is $14.07 and its two-hundred day moving average price is $13.46. BANCORP 34 has a twelve month low of $10.84 and a twelve month high of $15.98. The stock has a market cap of $108.98 million, a price-to-earnings ratio of 15.08 and a beta of 0.18.

BANCORP 34 (OTCMKTS:BCTF) last released its earnings results on Thursday, January 29th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $8.06 million during the quarter. BANCORP 34 had a return on equity of 4.02% and a net margin of 14.51%.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.