CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 83,688 shares, a growth of 34.3% from the December 15th total of 62,335 shares. Based on an average trading volume of 85,791 shares, the short-interest ratio is presently 1.0 days. Currently, 1.7% of the shares of the stock are short sold. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 85,791 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of CF Bankshares

A number of large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in shares of CF Bankshares by 30.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,998 shares of the savings and loans company’s stock valued at $463,000 after purchasing an additional 4,910 shares during the period. Jane Street Group LLC acquired a new position in CF Bankshares in the first quarter valued at approximately $263,000. Geode Capital Management LLC boosted its holdings in shares of CF Bankshares by 108.4% during the 2nd quarter. Geode Capital Management LLC now owns 86,433 shares of the savings and loans company’s stock worth $2,072,000 after buying an additional 44,963 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of CF Bankshares during the 2nd quarter worth approximately $44,000. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of CF Bankshares in the 2nd quarter valued at $278,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Price Performance

Shares of CFBK opened at $27.94 on Friday. CF Bankshares has a 1 year low of $19.22 and a 1 year high of $28.21. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $177.98 million, a price-to-earnings ratio of 11.22 and a beta of 0.43. The business has a 50-day moving average of $24.69 and a 200-day moving average of $24.29.

CF Bankshares (NASDAQ:CFBK) last announced its earnings results on Monday, November 3rd. The savings and loans company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.48). CF Bankshares had a net margin of 12.78% and a return on equity of 9.23%. The company had revenue of $15.51 million during the quarter, compared to the consensus estimate of $15.88 million.

CF Bankshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Thursday, January 15th will be paid a dividend of $0.09 per share. This is a boost from CF Bankshares’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, January 15th. CF Bankshares’s payout ratio is 14.46%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CFBK shares. Zacks Research lowered CF Bankshares from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings cut CF Bankshares from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. Finally, Wall Street Zen lowered shares of CF Bankshares from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $29.00.

About CF Bankshares

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.