BANCORP 34 (OTCMKTS:BCTF) Sees Significant Decline in Short Interest

Key Points

• BANCORP 34 experienced a significant decline in short interest, dropping from 300 shares to just 100 shares in September, representing a decrease of 66.7%.
• The company's market capitalization is currently valued at $92.07 million, with a PE ratio of 15.70.
• BANCORP 34 reported earnings of $0.16 per share, with a net margin of 11.27% and revenue of $8.39 million for the last quarter.

BANCORP 34 (OTCMKTS:BCTF - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a decline of 66.7% from the September 15th total of 300 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 0.0 days.

BANCORP 34 Price Performance

Shares of OTCMKTS:BCTF opened at $13.50 on Friday. BANCORP 34 has a 1 year low of $10.84 and a 1 year high of $14.50. The business has a 50 day simple moving average of $12.90 and a two-hundred day simple moving average of $12.30. The firm has a market capitalization of $92.07 million, a PE ratio of 15.70 and a beta of 0.34.

BANCORP 34 (OTCMKTS:BCTF - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.16 earnings per share (EPS) for the quarter. BANCORP 34 had a return on equity of 4.26% and a net margin of 11.27%.The business had revenue of $8.39 million during the quarter.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit.

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