Short Interest in Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) Increases By 744.3%

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 3,850 shares, a growth of 744.3% from the May 14th total of 456 shares. Based on an average trading volume of 6,455 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Quaint Oak Bancorp Stock Performance

Shares of OTCMKTS:QNTO remained flat at $16.85 during trading hours on Wednesday. Quaint Oak Bancorp has a 52 week low of $8.84 and a 52 week high of $17.59. The firm’s fifty day moving average price is $16.72 and its two-hundred day moving average price is $14.16. The stock has a market capitalization of $44.65 million, a price-to-earnings ratio of 80.24 and a beta of -0.08. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.38.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its earnings results on Thursday, April 30th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a return on equity of 1.09% and a net margin of 1.19%.The business had revenue of $6.51 million during the quarter.

About Quaint Oak Bancorp

Quaint Oak Bancorp is a bank holding company headquartered in Lakeville, Connecticut, whose sole banking subsidiary, Quaint Oak Bank, serves communities in western Connecticut. The institution operates branch offices across Litchfield County, providing relationship-driven banking services tailored to individuals, families and small businesses. Quaint Oak Bancorp’s regional focus emphasizes local decision-making and community engagement.

The company offers a full suite of deposit products, including checking and savings accounts, certificates of deposit and money market accounts.