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

BANCORP 34 (OTCMKTS:BCTF) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 2 shares, a decline of 99.7% from the December 15th total of 586 shares. Based on an average daily volume of 16,959 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 16,959 shares, the days-to-cover ratio is presently 0.0 days.

BANCORP 34 Stock Performance

Shares of OTCMKTS BCTF traded up $0.04 during trading hours on Monday, reaching $13.60. 16,935 shares of the stock were exchanged, compared to its average volume of 4,586. The firm has a market capitalization of $92.77 million, a price-to-earnings ratio of 15.45 and a beta of 0.19. The stock’s fifty day simple moving average is $13.38 and its 200 day simple moving average is $12.98. BANCORP 34 has a 52 week low of $10.84 and a 52 week high of $14.50.

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

BANCORP 34 Company Profile

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.