IF Bancorp, Inc. (NASDAQ:IROQ) Short Interest Update

IF Bancorp, Inc. (NASDAQ:IROQ) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 5,363 shares, an increase of 50.9% from the December 15th total of 3,553 shares. Based on an average daily volume of 3,209 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,209 shares, the days-to-cover ratio is presently 1.7 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of IF Bancorp in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

IF Bancorp Stock Performance

Shares of IROQ stock traded up $0.13 during trading hours on Friday, reaching $27.33. The company had a trading volume of 2,445 shares, compared to its average volume of 7,334. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 0.90. The business has a fifty day moving average price of $26.45 and a 200-day moving average price of $25.69. IF Bancorp has a one year low of $23.00 and a one year high of $27.33. The firm has a market cap of $91.61 million, a PE ratio of 17.41 and a beta of 0.20.

IF Bancorp (NASDAQ:IROQ) last issued its earnings results on Wednesday, November 12th. The savings and loans company reported $0.43 earnings per share (EPS) for the quarter. The company had revenue of $7.33 million for the quarter. IF Bancorp had a net margin of 10.49% and a return on equity of 6.30%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in IF Bancorp stock. Alliancebernstein L.P. grew its holdings in shares of IF Bancorp, Inc. (NASDAQ:IROQ) by 35.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,571 shares of the savings and loans company’s stock after purchasing an additional 30,372 shares during the quarter. Alliancebernstein L.P. owned approximately 3.48% of IF Bancorp worth $3,016,000 as of its most recent filing with the Securities & Exchange Commission. 44.11% of the stock is owned by institutional investors and hedge funds.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans.