Southern Banc Co. (OTCMKTS:SRNN – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 69 shares, an increase of ∞ from the April 15th total of 0 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 131 shares, the days-to-cover ratio is presently 0.5 days.
Southern Banc Stock Performance
Southern Banc stock opened at $11.60 on Tuesday. The stock has a market cap of $9.40 million, a PE ratio of 8.29 and a beta of -0.08. The stock has a 50-day moving average price of $11.63 and a 200 day moving average price of $10.84. Southern Banc has a 52 week low of $9.71 and a 52 week high of $12.60.
Southern Banc (OTCMKTS:SRNN – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.48 EPS for the quarter. The firm had revenue of $2.53 million during the quarter. Southern Banc had a return on equity of 6.27% and a net margin of 8.42%.
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.
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