BANCORP 34 (OTCMKTS:BCTF) Short Interest Up 50.1% in February

BANCORP 34 (OTCMKTS:BCTF) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 2,342 shares, an increase of 50.1% from the February 12th total of 1,560 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,532 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 2,532 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s stock are sold short.

BANCORP 34 Stock Performance

BANCORP 34 stock opened at $14.89 on Friday. BANCORP 34 has a 52 week low of $10.84 and a 52 week high of $15.98. The stock has a market cap of $101.56 million, a P/E ratio of 14.05 and a beta of 0.16. The stock has a 50 day moving average of $14.44 and a 200-day moving average of $13.67.

BANCORP 34 (OTCMKTS:BCTF) last announced its quarterly earnings data on Thursday, January 29th. The company reported $0.19 earnings per share for the quarter. The company had revenue of $8.06 million during the quarter. BANCORP 34 had a net margin of 14.51% and a return on equity of 4.02%.

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.