Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Sees Large Increase in Short Interest

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 29,700 shares, an increase 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 stock are sold short.

Citizens Community Bancorp Price Performance

CZWI stock traded up $0.18 during midday trading on Friday, reaching $14.20. The stock had a trading volume of 23,919 shares, compared to its average volume of 18,218. The company's fifty day simple moving average is $14.32 and its 200 day simple moving average is $15.22. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The company has a market cap of $141.86 million, a price-to-earnings ratio of 10.68 and a beta of 0.74. Citizens Community Bancorp has a 52-week low of $10.75 and a 52-week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its earnings results on Monday, April 28th. The bank reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. The business had revenue of $14.19 million during the quarter, compared to analysts' expectations of $14.20 million. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. As a group, sell-side analysts predict that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of Citizens Community Bancorp

A number of hedge funds have recently bought and sold shares of the business. Empowered Funds LLC boosted its holdings in shares of Citizens Community Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank's stock worth $967,000 after purchasing an additional 1,100 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Citizens Community Bancorp during the 4th quarter worth $31,000. O Shaughnessy Asset Management LLC boosted its position in shares of Citizens Community Bancorp by 36.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank's stock valued at $407,000 after acquiring an additional 6,631 shares during the last quarter. Northern Trust Corp boosted its position in shares of Citizens Community Bancorp by 33.9% during the 4th quarter. Northern Trust Corp now owns 39,081 shares of the bank's stock valued at $637,000 after acquiring an additional 9,894 shares during the last quarter. Finally, Fiduciary Trust Co purchased a new stake in shares of Citizens Community Bancorp in the fourth quarter valued at about $165,000. 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.