M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Rating) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 200 shares, a growth of 100.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 0.2 days.
OTCMKTS:MFBP opened at $6.97 on Friday. The company has a fifty day moving average of $7.22 and a two-hundred day moving average of $7.24. M&F Bancorp has a fifty-two week low of $6.60 and a fifty-two week high of $8.00.
The company also recently disclosed a dividend, which was paid on Monday, March 14th. Investors of record on Monday, February 28th were given a dividend of $0.03 per share. This is a boost from M&F Bancorp’s previous dividend of $0.02. This represents a yield of 1.73%. The ex-dividend date was Friday, February 25th.
M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.
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