BNCCORP Inc. (OTCMKTS:BNCC) Sees Large Decline in Short Interest

Key Points

• BNCCORP Inc. experienced a significant decrease in short interest, falling by 66.7% from 300 shares in August to just 100 shares in September.
• The company's most recent stock price was $30.50, with a market capitalization of $108.28 million and a P/E ratio of 12.98.
• BNCCORP reported earnings of $0.62 EPS with a net margin of 15.39% and a return on equity of 8.30%.

BNCCORP Inc. (OTCMKTS:BNCC - Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 100 shares, a decrease of 66.7% from the August 31st total of 300 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.2 days.

BNCCORP Price Performance

OTCMKTS BNCC opened at $30.50 on Thursday. BNCCORP has a 52 week low of $25.52 and a 52 week high of $35.45. The firm has a market capitalization of $108.28 million, a P/E ratio of 12.98 and a beta of 0.43. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $30.19 and a 200-day moving average price of $29.50.

BNCCORP (OTCMKTS:BNCC - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.62 EPS for the quarter. BNCCORP had a net margin of 15.39% and a return on equity of 8.30%.

About BNCCORP

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.