Security Federal Corp. (OTCMKTS:SFDL) Sees Significant Increase in Short Interest

Security Federal Corp. (OTCMKTS:SFDL) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 83 shares, a growth of 937.5% from the April 15th total of 8 shares. Based on an average daily volume of 559 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Security Federal Price Performance

Shares of OTCMKTS SFDL opened at $36.00 on Tuesday. The firm has a market cap of $111.24 million, a P/E ratio of 9.00 and a beta of 0.42. The business’s 50 day moving average is $35.34 and its 200-day moving average is $33.58. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.09. Security Federal has a 1-year low of $29.49 and a 1-year high of $36.62.

Security Federal (OTCMKTS:SFDL) last released its quarterly earnings results on Friday, May 1st. The bank reported $1.00 earnings per share (EPS) for the quarter. The business had revenue of $15.20 million during the quarter. Security Federal had a return on equity of 12.60% and a net margin of 15.72%.

About Security Federal

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts. The company provides real estate loans comprising commercial real estate loans secured by non-residential commercial properties, churches, hotels, residential developments, and multi-family dwellings; one-to-four family residential real estate loans; and construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects.