First National Bank Alaska (OTCMKTS:FBAK) Short Interest Update

First National Bank Alaska (OTCMKTS:FBAK) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 134 shares, a growth of 13,300.0% from the June 15th total of 1 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 508 shares, the days-to-cover ratio is currently 0.3 days.

First National Bank Alaska Stock Up 1.5%

Shares of FBAK traded up $4.76 on Friday, reaching $317.01. The company’s stock had a trading volume of 283 shares, compared to its average volume of 263. First National Bank Alaska has a twelve month low of $250.00 and a twelve month high of $343.00. The stock has a market capitalization of $1.00 billion, a PE ratio of 12.40 and a beta of 0.27. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average of $327.31 and a 200-day moving average of $314.14.

First National Bank Alaska (OTCMKTS:FBAK) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $6.68 earnings per share (EPS) for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community‐oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC‐traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.