IF Bancorp Inc (NASDAQ:IROQ) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 500 shares, a decline of 88.9% from the July 31st total of 4,500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 0.1 days.
IROQ traded down $0.25 during midday trading on Friday, reaching $21.75. The company had a trading volume of 300 shares, compared to its average volume of 3,025. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $78.41 million, a PE ratio of 21.20 and a beta of 0.39. IF Bancorp has a 12-month low of $18.70 and a 12-month high of $24.95. The business has a 50-day moving average price of $21.54 and a two-hundred day moving average price of $20.79.
IF Bancorp (NASDAQ:IROQ) last released its earnings results on Thursday, August 29th. The savings and loans company reported $0.30 earnings per share for the quarter. The firm had revenue of $5.55 million for the quarter. IF Bancorp had a net margin of 11.52% and a return on equity of 4.45%.
A hedge fund recently bought a new stake in IF Bancorp stock. Context BH Capital Management LP bought a new stake in IF Bancorp Inc (NASDAQ:IROQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,068 shares of the savings and loans company’s stock, valued at approximately $211,000. Context BH Capital Management LP owned about 0.28% of IF Bancorp as of its most recent SEC filing. 28.27% of the stock is owned by institutional investors.
Separately, ValuEngine cut shares of IF Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 8th.
About IF Bancorp
IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial solutions to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.
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