Short Interest in Bancorp 34, Inc. (OTCMKTS:BCTF) Declines By 66.7%

Bancorp 34, Inc. (OTCMKTS:BCTF) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 100 shares, a drop of 66.7% from the June 15th total of 300 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 0.0 days.

Bancorp 34 Price Performance

OTCMKTS:BCTF remained flat at $9.60 during mid-day trading on Thursday. 126 shares of the company were exchanged, compared to its average volume of 6,028. The firm’s fifty day moving average price is $9.13 and its 200 day moving average price is $8.98. Bancorp 34 has a 1 year low of $7.56 and a 1 year high of $11.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.93.

Bancorp 34 (OTCMKTS:BCTF) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.31) earnings per share for the quarter. The business had revenue of $8.53 million during the quarter. Bancorp 34 had a negative net margin of 8.91% and a negative return on equity of 4.66%.

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.