Bancorp 34, Inc. (OTCMKTS:BCTF) Sees Large Increase in Short Interest

Bancorp 34, Inc. (OTCMKTS:BCTF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 400 shares, a growth of 300.0% from the November 15th total of 100 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 0.1 days.

Bancorp 34 Price Performance

Shares of BCTF traded down $0.02 during trading hours on Wednesday, hitting $12.20. 800 shares of the stock were exchanged, compared to its average volume of 6,088. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. Bancorp 34 has a 12-month low of $8.15 and a 12-month high of $12.50. The company has a market cap of $80.64 million, a price-to-earnings ratio of -43.57 and a beta of 0.32. The stock’s 50-day moving average price is $11.75 and its two-hundred day moving average price is $10.66.

About Bancorp 34

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.