Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Update

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 29,700 shares, a growth of 24.3% from the April 30th total of 23,900 shares. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the shares of the company are sold short.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI traded up $0.06 during mid-day trading on Thursday, hitting $14.22. The stock had a trading volume of 937 shares, compared to its average volume of 18,168. The stock has a market capitalization of $142.01 million, a price-to-earnings ratio of 10.69 and a beta of 0.74. The company has a 50 day simple moving average of $14.33 and a 200-day simple moving average of $15.23. Citizens Community Bancorp has a 52 week low of $10.75 and a 52 week high of $17.04. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The bank reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The firm had revenue of $14.19 million for the quarter, compared to the consensus estimate of $14.20 million. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. On average, research analysts expect that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Citizens Community Bancorp from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CZWI. Russell Investments Group Ltd. bought a new stake in Citizens Community Bancorp during the fourth quarter worth approximately $31,000. Fiduciary Trust Co acquired a new position in shares of Citizens Community Bancorp in the fourth quarter worth $165,000. Citadel Advisors LLC acquired a new position in shares of Citizens Community Bancorp in the fourth quarter worth $202,000. Schonfeld Strategic Advisors LLC acquired a new position in Citizens Community Bancorp during the fourth quarter worth $204,000. Finally, Hillsdale Investment Management Inc. acquired a new position in Citizens Community Bancorp during the fourth quarter worth $226,000. Institutional investors and hedge funds own 55.11% of the company's stock.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.