Southern Banc Co. (OTCMKTS:SRNN) Short Interest Up ∞ in May

Southern Banc Co. (OTCMKTS:SRNN) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 194 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 1,493 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Southern Banc Stock Performance

Shares of Southern Banc stock opened at $14.50 on Friday. The company has a 50 day moving average of $12.54 and a 200-day moving average of $11.33. Southern Banc has a 1-year low of $9.71 and a 1-year high of $15.40. The company has a market cap of $11.75 million, a PE ratio of 10.36 and a beta of -0.02.

Southern Banc (OTCMKTS:SRNN) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. Southern Banc had a net margin of 8.42% and a return on equity of 6.13%. The company had revenue of $2.53 million during the quarter.

Southern Banc Company Profile

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.