CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Down 33.7% in February

CF Bankshares Inc. (NASDAQ:CFBK) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 54,204 shares, a decrease of 33.7% from the January 29th total of 81,808 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily volume of 79,543 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 79,543 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.1% of the company’s shares are short sold.

Institutional Investors Weigh In On CF Bankshares

Several hedge funds have recently modified their holdings of CFBK. Fourthstone LLC lifted its position in shares of CF Bankshares by 450.2% during the 2nd quarter. Fourthstone LLC now owns 421,191 shares of the savings and loans company’s stock valued at $10,096,000 after buying an additional 344,642 shares in the last quarter. Daytona Street Capital LLC acquired a new position in CF Bankshares during the fourth quarter worth $3,752,000. Segall Bryant & Hamill LLC acquired a new position in shares of CF Bankshares during the 3rd quarter valued at about $1,330,000. Geode Capital Management LLC grew its stake in shares of CF Bankshares by 108.4% in the 2nd quarter. Geode Capital Management LLC now owns 86,433 shares of the savings and loans company’s stock valued at $2,072,000 after buying an additional 44,963 shares during the period. Finally, Renaissance Technologies LLC grew its position in CF Bankshares by 54.6% in the fourth quarter. Renaissance Technologies LLC now owns 86,079 shares of the savings and loans company’s stock worth $2,148,000 after acquiring an additional 30,400 shares during the period. 41.06% of the stock is owned by hedge funds and other institutional investors.

CF Bankshares Stock Performance

Shares of CFBK stock opened at $30.22 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.14 and a quick ratio of 1.14. CF Bankshares has a 1 year low of $19.22 and a 1 year high of $34.33. The firm has a market capitalization of $192.50 million, a price-to-earnings ratio of 11.23 and a beta of 0.42. The business has a fifty day moving average of $28.78 and a 200 day moving average of $25.69.

CF Bankshares (NASDAQ:CFBK) last issued its earnings results on Thursday, February 5th. The savings and loans company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. CF Bankshares had a return on equity of 9.87% and a net margin of 13.82%.The firm had revenue of $10.54 million for the quarter, compared to analyst estimates of $15.94 million.

CF Bankshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Thursday, January 15th were issued a $0.09 dividend. This is a boost from CF Bankshares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $0.36 annualized dividend and a dividend yield of 1.2%. CF Bankshares’s payout ratio is presently 13.38%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of CF Bankshares in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of CF Bankshares from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $29.00.

CF Bankshares Company Profile

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.