BANCORP 34 (OTCMKTS:BCTF) Sees Significant Decline in Short Interest

BANCORP 34 (OTCMKTS:BCTF) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 2 shares, a decrease of 99.7% from the December 15th total of 586 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 16,959 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 16,959 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

BANCORP 34 Price Performance

Shares of BANCORP 34 stock traded up $0.04 during midday trading on Monday, hitting $13.60. 16,935 shares of the company were exchanged, compared to its average volume of 4,586. The firm has a 50 day simple moving average of $13.38 and a 200-day simple moving average of $12.98. BANCORP 34 has a 52 week low of $10.84 and a 52 week high of $14.50. The firm has a market cap of $92.77 million, a P/E ratio of 15.45 and a beta of 0.19.

BANCORP 34 (OTCMKTS:BCTF) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.19 EPS for the quarter. The business had revenue of $7.98 million for the quarter. BANCORP 34 had a return on equity of 4.02% and a net margin of 11.76%.

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. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.