Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Up 127.1% in December

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 30,200 shares, an increase of 127.1% from the December 15th total of 13,300 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 23,800 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Citizens Community Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Barclays PLC purchased a new stake in shares of Citizens Community Bancorp in the third quarter worth about $48,000. Ritholtz Wealth Management acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at $240,000. Commonwealth Equity Services LLC grew its position in Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after buying an additional 2,000 shares during the period. Acadian Asset Management LLC raised its holdings in Citizens Community Bancorp by 25.0% in the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after purchasing an additional 9,615 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Citizens Community Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after buying an additional 2,948 shares during the period. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Stock Down 0.4 %

CZWI traded down $0.06 during trading on Thursday, hitting $15.88. The stock had a trading volume of 26,075 shares, compared to its average volume of 23,118. Citizens Community Bancorp has a twelve month low of $10.14 and a twelve month high of $17.04. The company has a market capitalization of $159.28 million, a PE ratio of 11.26 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50 day simple moving average of $16.04 and a two-hundred day simple moving average of $14.17.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, October 28th. The bank reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. The company had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. On average, research analysts predict that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.