M&F Bancorp Inc. (OTCMKTS:MFBP) Sees Significant Increase in Short Interest

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 133 shares, a growth of 72.7% from the July 30th total of 77 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is presently 0.0 days.

M&F Bancorp Stock Performance

Shares of MFBP opened at $48.50 on Wednesday. The firm has a fifty day moving average of $40.84 and a 200-day moving average of $30.53. The company has a market cap of $94.09 million, a price-to-earnings ratio of 45.76 and a beta of -0.58. M&F Bancorp has a 1 year low of $18.40 and a 1 year high of $49.40.

M&F Bancorp (OTCMKTS:MFBP) last released its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.18 earnings per share for the quarter. The firm had revenue of $5.77 million during the quarter.

About M&F Bancorp

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.