Bogota Financial Corp. (NASDAQ:BSBK) Short Interest Down 52.6% in April

Bogota Financial Corp. (NASDAQ:BSBK - Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 9,300 shares, a decrease of 52.6% from the April 15th total of 19,600 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 1.7 days.

Analyst Ratings Changes

Separately, TheStreet lowered Bogota Financial from a "c" rating to a "d+" rating in a research note on Tuesday, February 6th.

Bogota Financial Trading Up 0.7 %

Shares of NASDAQ:BSBK traded up $0.05 during trading on Friday, reaching $6.79. 11,309 shares of the company traded hands, compared to its average volume of 6,037. The firm has a market capitalization of $89.94 million, a price-to-earnings ratio of -135.80 and a beta of 0.52. Bogota Financial has a 52-week low of $6.46 and a 52-week high of $8.75. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.95. The business's fifty day moving average is $6.97 and its 200-day moving average is $7.40.

Bogota Financial (NASDAQ:BSBK - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported ($0.09) earnings per share for the quarter. Bogota Financial had a negative net margin of 2.00% and a negative return on equity of 0.57%. The company had revenue of $3.22 million for the quarter.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.