Southern Banc Co. (OTCMKTS:SRNN) Short Interest Up ∞ in May

Southern Banc Co. (OTCMKTS:SRNN) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 194 shares, a growth of ∞ from the May 14th total of 0 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,493 shares, the days-to-cover ratio is currently 0.1 days.

Southern Banc Price Performance

Southern Banc stock opened at $14.16 on Tuesday. The stock has a market capitalization of $11.47 million, a price-to-earnings ratio of 10.11 and a beta of -0.02. Southern Banc has a 1-year low of $9.71 and a 1-year high of $15.40. The business has a fifty day moving average price of $12.59 and a 200-day moving average price of $11.37.

Southern Banc (OTCMKTS:SRNN) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. The firm had revenue of $2.53 million during the quarter. Southern Banc had a return on equity of 6.13% and a net margin of 8.42%.

About Southern Banc

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.