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

IF Bancorp, Inc. (NASDAQ:IROQ) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,600 shares, a drop of 7.1% from the March 15th total of 2,800 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 1.6 days.

IF Bancorp Stock Up 1.4 %

IROQ stock opened at $16.49 on Tuesday. The firm’s 50-day simple moving average is $16.65 and its 200 day simple moving average is $15.64. The stock has a market cap of $55.24 million, a PE ratio of 27.48 and a beta of 0.51. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.33. IF Bancorp has a fifty-two week low of $13.75 and a fifty-two week high of $18.51.

IF Bancorp (NASDAQ:IROQ) last announced its earnings results on Tuesday, January 30th. The savings and loans company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $5.30 million during the quarter. IF Bancorp had a net margin of 4.79% and a return on equity of 2.71%.

IF Bancorp Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 22nd were given a dividend of $0.20 per share. The ex-dividend date was Thursday, March 21st. This represents a dividend yield of 2.4%. IF Bancorp’s dividend payout ratio (DPR) is 66.67%.

Hedge Funds Weigh In On IF Bancorp

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of IF Bancorp by 5.3% in the fourth quarter. Vanguard Group Inc. now owns 39,173 shares of the savings and loans company’s stock worth $628,000 after purchasing an additional 1,962 shares in the last quarter. Gendell Jeffrey L raised its position in IF Bancorp by 7.9% during the fourth quarter. Gendell Jeffrey L now owns 272,040 shares of the savings and loans company’s stock valued at $4,361,000 after acquiring an additional 19,877 shares in the last quarter. Stilwell Value LLC raised its position in IF Bancorp by 7.9% during the fourth quarter. Stilwell Value LLC now owns 239,297 shares of the savings and loans company’s stock valued at $3,836,000 after acquiring an additional 17,561 shares in the last quarter. BlackRock Inc. raised its position in IF Bancorp by 1,925.4% during the second quarter. BlackRock Inc. now owns 17,297 shares of the savings and loans company’s stock valued at $250,000 after acquiring an additional 16,443 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in IF Bancorp by 18.1% during the second quarter. Geode Capital Management LLC now owns 24,565 shares of the savings and loans company’s stock valued at $355,000 after acquiring an additional 3,771 shares in the last quarter. Institutional investors own 44.11% of the company’s stock.

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.