Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Large Decline in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2 shares, a decline of 97.8% from the April 30th total of 89 shares. Based on an average trading volume of 6,521 shares, the days-to-cover ratio is presently 0.0 days.

Consumers Bancorp Price Performance

Shares of OTCMKTS:CBKM remained flat at $27.39 during trading on Wednesday. The company’s stock had a trading volume of 690 shares, compared to its average volume of 1,815. Consumers Bancorp has a 12-month low of $18.45 and a 12-month high of $27.45. The firm’s 50-day moving average is $26.32 and its 200 day moving average is $25.56.

Consumers Bancorp Company Profile

Consumers Bancorp, Inc is a bank holding company that provides commercial and consumer banking services through its wholly owned subsidiary, Consumers Bank. The company offers a range of deposit and lending products designed to meet the needs of individual customers and small- to mid-sized businesses.

Its deposit portfolio includes checking accounts, savings accounts, money market accounts and certificates of deposit. On the lending side, Consumers Bancorp extends commercial real estate loans, construction financing, industrial and agricultural credit, as well as residential mortgages and consumer installment loans.