M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Update

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 466 shares, an increase of 2,018.2% from the December 15th total of 22 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

M&F Bancorp Stock Performance

Shares of OTCMKTS MFBP traded down $0.44 during trading hours on Monday, hitting $19.25. The company’s stock had a trading volume of 220 shares, compared to its average volume of 355. M&F Bancorp has a 12 month low of $17.90 and a 12 month high of $24.31. The stock has a market cap of $37.15 million, a price-to-earnings ratio of 9.67 and a beta of -0.63. The business has a 50-day simple moving average of $18.94 and a 200-day simple moving average of $19.07.

M&F Bancorp (OTCMKTS:MFBP) last released its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.58 earnings per share for the quarter. The business had revenue of $6.16 million during the quarter.

About M&F Bancorp

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.