Sturgis Bancorp Inc. (OTCMKTS:STBI) Short Interest Up ∞ in May

Sturgis Bancorp Inc. (OTCMKTS:STBI) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 244 shares, an increase of ∞ from the May 14th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,513 shares, the days-to-cover ratio is currently 0.1 days.

Sturgis Bancorp Price Performance

Shares of STBI opened at $25.75 on Friday. The stock’s 50-day moving average is $24.84 and its two-hundred day moving average is $23.03. The stock has a market cap of $55.88 million, a PE ratio of 7.04 and a beta of 0.17. Sturgis Bancorp has a 12 month low of $18.10 and a 12 month high of $26.55.

Sturgis Bancorp (OTCMKTS:STBI) last issued its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $0.88 EPS for the quarter. The company had revenue of $10.96 million for the quarter.

Sturgis Bancorp Company Profile

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.