M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Down 68.4% in May

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 89 shares, a decline of 68.4% from the April 30th total of 282 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 4,881 shares, the days-to-cover ratio is currently 0.0 days.

M&F Bancorp Stock Performance

Shares of OTCMKTS:MFBP opened at $27.90 on Monday. The company’s 50-day moving average is $24.97 and its 200 day moving average is $21.89. The company has a market capitalization of $54.13 million, a P/E ratio of 21.46 and a beta of -0.53. M&F Bancorp has a fifty-two week low of $18.00 and a fifty-two week high of $27.90.

M&F Bancorp (OTCMKTS:MFBP) last issued its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share for the quarter. The company had revenue of $5.74 million during the quarter.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.