IF Bancorp, Inc. (NASDAQ:IROQ) Short Interest Update

IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 2,600 shares, a decrease of 7.1% from the March 15th total of 2,800 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 1.6 days.

IF Bancorp Price Performance

IROQ traded up $0.18 during midday trading on Tuesday, hitting $16.50. The stock had a trading volume of 59 shares, compared to its average volume of 1,001. The company has a market cap of $55.28 million, a P/E ratio of 27.50 and a beta of 0.51. The business has a fifty day moving average of $16.66 and a 200 day moving average of $15.65. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.91 and a current ratio of 0.91. IF Bancorp has a 1 year low of $13.75 and a 1 year high of $18.51.

IF Bancorp (NASDAQ:IROQ - Get Free Report) last issued its earnings results on Tuesday, January 30th. The savings and loans company reported $0.06 earnings per share (EPS) for the quarter. IF Bancorp had a net margin of 4.79% and a return on equity of 2.71%. The firm had revenue of $5.30 million for the quarter.

IF Bancorp Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.20 per share. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, March 21st. IF Bancorp's dividend payout ratio (DPR) is 66.67%.

Institutional Trading of IF Bancorp

Several large investors have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in IF Bancorp by 1,925.4% in the 2nd quarter. BlackRock Inc. now owns 17,297 shares of the savings and loans company's stock worth $250,000 after buying an additional 16,443 shares during the period. Geode Capital Management LLC increased its stake in shares of IF Bancorp by 18.1% during the second quarter. Geode Capital Management LLC now owns 24,565 shares of the savings and loans company's stock valued at $355,000 after buying an additional 3,771 shares during the period. Vanguard Group Inc. increased its stake in shares of IF Bancorp by 5.3% during the fourth quarter. Vanguard Group Inc. now owns 39,173 shares of the savings and loans company's stock valued at $628,000 after buying an additional 1,962 shares during the period. Stilwell Value LLC increased its stake in shares of IF Bancorp by 62.9% during the first quarter. Stilwell Value LLC now owns 48,695 shares of the savings and loans company's stock valued at $757,000 after buying an additional 18,798 shares during the period. Finally, Gendell Jeffrey L increased its stake in shares of IF Bancorp by 6.1% during the third quarter. Gendell Jeffrey L now owns 252,163 shares of the savings and loans company's stock valued at $3,755,000 after buying an additional 14,454 shares during the period. 44.11% of the stock is owned by institutional investors.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.