Short Interest in BNCCORP, Inc. (OTCMKTS:BNCC) Expands By 250.0%

BNCCORP, Inc. (OTCMKTS:BNCC) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, an increase of 250.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.2 days.

BNCCORP Stock Performance

Shares of BNCCORP stock traded up $0.19 during trading on Thursday, reaching $34.59. The company’s stock had a trading volume of 405 shares, compared to its average volume of 2,906. The company has a 50-day moving average price of $29.99 and a two-hundred day moving average price of $26.79. BNCCORP has a fifty-two week low of $20.10 and a fifty-two week high of $35.22. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.14. The firm has a market cap of $122.55 million, a PE ratio of 15.65 and a beta of 0.88.

BNCCORP (OTCMKTS:BNCC) last released its quarterly earnings results on Friday, November 1st. The bank reported $0.59 earnings per share for the quarter. The firm had revenue of $13.06 million during the quarter. BNCCORP had a return on equity of 7.47% and a net margin of 15.03%. During the same quarter in the prior year, the company earned $0.42 EPS.

BNCCORP Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th will be paid a dividend of $4.00 per share. This is an increase from BNCCORP’s previous dividend of $2.25. The ex-dividend date is Monday, December 30th.

BNCCORP Company Profile

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.