Oak Ridge Financial Services Inc. (OTCMKTS:BKOR) Shares Shorted: Short Interest Down 86.4% in September

Oak Ridge Financial Services Inc. (OTCMKTS:BKOR) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 6 shares, a decline of 86.4% from the September 15th total of 44 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 21,884 shares, the days-to-cover ratio is presently 0.0 days.

Oak Ridge Financial Services Stock Performance

Shares of BKOR stock opened at $32.40 on Monday. The company has a 50 day moving average price of $32.14 and a 200 day moving average price of $31.29. The stock has a market capitalization of $89.75 million, a P/E ratio of 11.33 and a beta of 0.14. Oak Ridge Financial Services has a fifty-two week low of $27.00 and a fifty-two week high of $33.00.

Oak Ridge Financial Services (OTCMKTS:BKOR) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.79 earnings per share for the quarter. The company had revenue of $7.94 million for the quarter.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc is a bank holding company headquartered in Oak Ridge, North Carolina. Through its banking subsidiary, Bank of Oak Ridge, the company provides community banking services to individuals, families, businesses and nonprofit organizations.

Bank of Oak Ridge offers deposit accounts, checking and savings products, certificates of deposit, residential mortgage loans, commercial and industrial financing, commercial real estate loans, and consumer lending. Its services also include online and mobile banking, treasury and cash-management solutions, and other financial services designed to support personal and business banking needs.

Founded in 2000, the company has focused on serving communities in the Piedmont Triad region of North Carolina.