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

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 17,600 shares, a drop of 15.8% from the March 31st total of 20,900 shares. Based on an average daily volume of 23,500 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company's stock are short sold.

Citizens Community Bancorp Stock Performance

CZWI traded up $0.30 during midday trading on Thursday, hitting $14.85. 17,380 shares of the company traded hands, compared to its average volume of 23,115. The company's 50-day moving average is $14.23 and its 200 day moving average is $15.16. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $148.35 million, a PE ratio of 11.17 and a beta of 0.74. Citizens Community Bancorp has a 52 week low of $10.64 and a 52 week high of $17.04.

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 analysts' consensus estimates of $0.27 by $0.05. The company 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 EPS for the current year.

Institutional Trading of Citizens Community Bancorp

Large investors have recently modified their holdings of the company. Fourthstone LLC increased its stake in shares of Citizens Community Bancorp by 145.8% in the 4th quarter. Fourthstone LLC now owns 263,742 shares of the bank's stock worth $4,296,000 after purchasing an additional 156,461 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $1,534,000. RFG Bristol Wealth Advisors LLC purchased a new position in shares of Citizens Community Bancorp in the fourth quarter worth $1,449,000. Millennium Management LLC bought a new position in shares of Citizens Community Bancorp during the fourth quarter worth $416,000. Finally, Ritholtz Wealth Management grew its stake in Citizens Community Bancorp by 159.4% during the first quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank's stock valued at $549,000 after acquiring an additional 23,451 shares in the last quarter. Institutional investors own 55.11% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com cut Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research note on Friday, April 18th.

Citizens Community Bancorp Company Profile

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.