Bancorp 34, Inc. (OTCMKTS:BCTF) Short Interest Down 90.0% in October

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 90.0% from the October 15th total of 1,000 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 0.0 days.

Bancorp 34 Stock Performance

Shares of BCTF stock traded down $0.10 during trading on Tuesday, reaching $11.55. 12,641 shares of the company’s stock were exchanged, compared to its average volume of 4,293. The firm’s fifty day moving average price is $11.42 and its 200-day moving average price is $10.24. Bancorp 34 has a twelve month low of $7.56 and a twelve month high of $12.50. The stock has a market capitalization of $76.35 million, a PE ratio of -23.10 and a beta of 0.31. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.65.

Bancorp 34 (OTCMKTS:BCTF) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.21 EPS for the quarter. Bancorp 34 had a negative return on equity of 2.38% and a negative net margin of 4.02%. The firm had revenue of $9.10 million during the quarter.

Bancorp 34 Company Profile

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit.