Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,200 shares, anincreaseof60.0% from the June 30th total of 2,000 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 0.8 days.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen began coverage on Bank of South Carolina in a research note on Sunday, May 18th. They issued a "sell" rating on the stock.
View Our Latest Analysis on Bank of South Carolina
Bank of South Carolina Price Performance
NASDAQ:BKSC traded down $0.04 during trading hours on Friday, reaching $15.67. 357 shares of the company were exchanged, compared to its average volume of 2,244. The company has a market capitalization of $84.93 million, a P/E ratio of 12.74 and a beta of 0.28. Bank of South Carolina has a 1-year low of $11.25 and a 1-year high of $16.00. The business has a 50 day moving average of $14.64 and a 200 day moving average of $14.10.
Bank of South Carolina Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 8th were given a $0.21 dividend. This is a positive change from Bank of South Carolina's previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a dividend yield of 5.4%. Bank of South Carolina's dividend payout ratio (DPR) is 63.16%.
About Bank of South Carolina
(
Get Free Report)
Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.
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