Madison County Financial Inc. (OTCMKTS:MCBK) Sees Large Growth 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 - Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 400 shares, an increase of 300.0% from the August 15th total of 100 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company's stock are short sold.

Madison County Financial Price Performance

Shares of MCBK stock traded down $0.16 during midday trading on Wednesday, hitting $26.09. 400 shares of the company were exchanged, compared to its average volume of 217. The firm's 50 day moving average price is $26.20 and its two-hundred day moving average price is $25.58. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.04 and a current ratio of 0.97. 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.