Short Interest in Solera National Bancorp Inc. (OTCMKTS:SLRK) Expands By 517.6%

Solera National Bancorp Inc. (OTCMKTS:SLRK) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,625 shares, a growth of 517.6% from the April 30th total of 425 shares. Based on an average daily trading volume, of 2,473 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the company’s shares are short sold.

Solera National Bancorp Stock Performance

OTCMKTS:SLRK traded down $0.09 during mid-day trading on Friday, hitting $19.81. The company had a trading volume of 2,930 shares, compared to its average volume of 3,656. Solera National Bancorp has a fifty-two week low of $8.45 and a fifty-two week high of $20.95. The business’s fifty day moving average is $18.62 and its two-hundred day moving average is $16.59. The firm has a market cap of $85.19 million, a P/E ratio of 3.40 and a beta of 0.31.

Solera National Bancorp (OTCMKTS:SLRK) last released its earnings results on Tuesday, April 28th. The financial services provider reported $1.55 earnings per share for the quarter. The company had revenue of $17.66 million during the quarter.

About Solera National Bancorp

Solera National Bancorp, Inc operates as the bank holding company for Solera National Bank that provides commercial and consumer banking services in the United States. The company offers checking and savings accounts, money market accounts, time and demand deposits, and individual retirement accounts (IRA), as well as certificates of deposit; and real estate secured loans, construction loans, small business administration loans, business lines of credit, and equipment financing. It also provides online banking, account analysis, combined account analysis, commercial sweep, remote deposit, ACH origination, payroll direct deposit, merchant, business debit card, and cash management services.