First National Bank Alaska (OTCMKTS:FBAK) Short Interest Update

First National Bank Alaska (OTCMKTS:FBAK) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 135 shares, a growth of 154.7% from the April 30th total of 53 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 261 shares, the days-to-cover ratio is presently 0.5 days.

First National Bank Alaska Stock Performance

Shares of FBAK remained flat at $338.00 during midday trading on Monday. The stock had a trading volume of 198 shares, compared to its average volume of 171. The company has a 50-day moving average price of $321.57 and a 200-day moving average price of $307.26. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 13.22 and a beta of 0.25. First National Bank Alaska has a fifty-two week low of $242.00 and a fifty-two week high of $343.00. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

First National Bank Alaska (OTCMKTS:FBAK) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $6.68 earnings per share for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community‐oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC‐traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.