Bogota Financial Corporation (NASDAQ:BSBK) Short Interest Update

Bogota Financial Corporation (NASDAQ:BSBK) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 14,319 shares, an increase of 105.5% from the January 15th total of 6,967 shares. Based on an average daily volume of 1,869 shares, the days-to-cover ratio is presently 7.7 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,869 shares, the days-to-cover ratio is presently 7.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Bogota Financial in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Bogota Financial

A hedge fund recently raised its stake in Bogota Financial stock. Renaissance Technologies LLC increased its position in Bogota Financial Corporation (NASDAQ:BSBK) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,551 shares of the company’s stock after buying an additional 1,700 shares during the period. Renaissance Technologies LLC owned 0.24% of Bogota Financial worth $258,000 at the end of the most recent reporting period. 11.63% of the stock is currently owned by hedge funds and other institutional investors.

Bogota Financial Price Performance

Shares of BSBK opened at $8.58 on Friday. The firm has a market cap of $111.28 million, a PE ratio of 171.63 and a beta of 0.21. Bogota Financial has a 52-week low of $6.59 and a 52-week high of $9.50. The business’s 50 day moving average price is $8.43 and its two-hundred day moving average price is $8.68. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.03 and a current ratio of 1.03.

Bogota Financial (NASDAQ:BSBK) last released its quarterly earnings data on Friday, February 13th. The company reported $0.05 earnings per share for the quarter. Bogota Financial had a net margin of 1.08% and a return on equity of 0.35%. The company had revenue of $4.51 million during the quarter.

Bogota Financial Company Profile

Bogota Financial Corp (NASDAQ: BSBK) is the bank holding company for Bogota Savings Bank, a New Jersey-chartered savings institution headquartered in Bogota, New Jersey. As a community-focused financial services provider, the company offers a range of deposit, lending and cash management solutions tailored to individuals, small businesses and commercial clients in Bergen County and surrounding areas.

The company’s deposit portfolio includes checking and savings accounts, money market deposit accounts, certificates of deposit and individual retirement accounts.