Affinity Bancshares, Inc. (NASDAQ:AFBI) Short Interest Up 9.1% in April

Affinity Bancshares, Inc. (NASDAQ:AFBI) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,600 shares, a growth of 9.1% from the March 31st total of 3,300 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Affinity Bancshares

An institutional investor recently bought a new position in Affinity Bancshares stock. Salzhauer Michael bought a new stake in Affinity Bancshares, Inc. (NASDAQ:AFBI) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,576 shares of the company’s stock, valued at approximately $208,000. Salzhauer Michael owned approximately 0.20% of Affinity Bancshares as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 39.31% of the company’s stock.

Affinity Bancshares Stock Performance

Shares of NASDAQ AFBI opened at $16.77 on Tuesday. The company has a market cap of $107.66 million, a P/E ratio of 18.23 and a beta of 0.45. Affinity Bancshares has a 52-week low of $11.29 and a 52-week high of $17.15. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s fifty day moving average is $16.56 and its two-hundred day moving average is $15.78.

Affinity Bancshares (NASDAQ:AFBI) last issued its earnings results on Thursday, February 1st. The company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $7.31 million for the quarter. Affinity Bancshares had a return on equity of 5.08% and a net margin of 12.98%.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.It also offers commercial and residential real estate, commercial and industrial, residential mortgage, construction and land, and consumer loans, as well as balloon and adjustable-rate loans.