BANCORP 34 (OTCMKTS:BCTF) Sees Significant Growth in Short Interest

BANCORP 34 (OTCMKTS:BCTF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 586 shares, an increase of 29,200.0% from the November 30th total of 2 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 9,915 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 9,915 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

BANCORP 34 Stock Up 0.4%

Shares of BCTF stock opened at $13.47 on Friday. The firm has a market cap of $91.87 million, a P/E ratio of 15.31 and a beta of 0.17. The company has a 50 day moving average of $13.40 and a 200-day moving average of $12.84. BANCORP 34 has a 12-month low of $10.84 and a 12-month high of $14.50.

BANCORP 34 (OTCMKTS:BCTF) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.19 EPS for the quarter. BANCORP 34 had a return on equity of 4.02% and a net margin of 11.76%.The business had revenue of $7.98 million for the quarter.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.