Short Interest in Madison County Financial Inc. (OTCMKTS:MCBK) Declines By 64.7%

Madison County Financial Inc. (OTCMKTS:MCBK) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 110 shares, a decrease of 64.7% from the April 30th total of 312 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 995 shares, the days-to-cover ratio is currently 0.1 days.

Madison County Financial Stock Performance

Shares of MCBK stock remained flat at $31.85 during mid-day trading on Friday. The stock’s 50-day simple moving average is $30.58 and its 200-day simple moving average is $28.64. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72. Madison County Financial has a 1-year low of $25.01 and a 1-year high of $34.45.

About Madison County Financial

Madison County Financial, Inc is a bank holding company headquartered in Huntsville, Alabama, operating through its wholly owned subsidiary, Madison County Bank. The company focuses on community banking services, serving individuals, small businesses and nonprofit organizations across Madison County and its surrounding areas.

Madison County Financial offers a full suite of deposit products, including checking, savings and money market accounts, as well as certificates of deposit. On the lending side, the company provides consumer loans, residential real estate financing, commercial lending and construction loans.