Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Significant Decrease in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 299 shares, a decline of 54.8% from the July 30th total of 661 shares. Based on an average daily trading volume, of 1,651 shares, the short-interest ratio is currently 0.2 days.

Consumers Bancorp Price Performance

Shares of CBKM remained flat at $31.90 during mid-day trading on Friday. Consumers Bancorp has a 52-week low of $20.70 and a 52-week high of $32.00. The firm’s 50-day moving average is $30.26 and its 200 day moving average is $27.85.

Consumers Bancorp Company Profile

Consumers Bancorp, Inc is a bank holding company that provides commercial and consumer banking services through its wholly owned subsidiary, Consumers Bank. The company offers a range of deposit and lending products designed to meet the needs of individual customers and small- to mid-sized businesses.

Its deposit portfolio includes checking accounts, savings accounts, money market accounts and certificates of deposit. On the lending side, Consumers Bancorp extends commercial real estate loans, construction financing, industrial and agricultural credit, as well as residential mortgages and consumer installment loans.