Madison County Financial Inc. (OTCMKTS:MCBK) Sees Significant Increase in Short Interest

Key Points

• Madison County Financial Inc. experienced a significant increase of 300.0% in short interest, rising from 100 shares to 400 shares as of August 31.
• The stock's current price remained flat at $26.25, while its 52-week high and low are $27.25 and $24.30, respectively.
• Madison County Financial operates as a holding company for Madison County Bank, providing various banking and financial services to individual and corporate customers in Nebraska.

Madison County Financial Inc. (OTCMKTS:MCBK - ) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 400 shares, a growth of 300.0% from the August 15th total of 100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Madison County Financial Price Performance

Shares of Madison County Financial stock remained flat at $26.25 during midday trading on Friday. The company has a current ratio of 0.97, a quick ratio of 1.04 and a debt-to-equity ratio of 0.34. The stock has a 50 day simple moving average of $26.15 and a 200 day simple moving average of $25.56. Madison County Financial has a 52 week low of $24.30 and a 52 week high of $27.25.

Madison County Financial Company Profile

Madison County Financial, Inc operates as the holding company for Madison County Bank that provides banking and financial services to individual and corporate customers in Nebraska, the United States. It offers checking, money market savings, savings, and individual retirement accounts; certificates of deposit; credit and debit cards; home loans; and consumer loans, including home equity lines of credit, second mortgage, home improvement, recreational vehicle, personal, and overdraft protection loans, as well as loans for automobiles, trucks, and vans.

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