CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) saw a large drop in short interest in June. As of June 30th, there was short interest totalling 2,200 shares, a drop of 57.7% from the June 15th total of 5,200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of CF Bankshares

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Kennedy Capital Management LLC acquired a new stake in shares of CF Bankshares during the 1st quarter worth about $619,000. Windsor Advisory Group LLC acquired a new position in CF Bankshares in the 4th quarter valued at about $390,000. Finally, AJOVista LLC acquired a new position in CF Bankshares in the 4th quarter valued at about $25,000. 41.06% of the stock is owned by institutional investors and hedge funds.

CF Bankshares Trading Up 2.1 %

Shares of CFBK traded up $0.40 during midday trading on Friday, reaching $19.44. The company had a trading volume of 378 shares, compared to its average volume of 4,798. CF Bankshares has a 1-year low of $14.69 and a 1-year high of $22.00. The stock has a market cap of $99.73 million, a PE ratio of 7.93 and a beta of 0.57. The firm has a 50 day simple moving average of $19.07 and a 200-day simple moving average of $19.94. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.80.

CF Bankshares (NASDAQ:CFBK) last issued its earnings results on Tuesday, May 7th. The savings and loans company reported $0.47 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 10.17% and a net margin of 13.25%. The business had revenue of $12.19 million during the quarter.

CF Bankshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, July 11th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, July 11th. CF Bankshares’s dividend payout ratio (DPR) is presently 10.00%.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.