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

Key Points

• The short interest in Madison County Financial Inc. (OTCMKTS:MCBK) has dropped by 66.7%, from 300 shares to 100 shares as of July 31st.
• The current short-interest ratio is 0.5 days, indicating a very low percentage of the company's shares are sold short.
• Madison County Financial's stock price remained stable at $26.00 with a 1-year trading range between $23.00 and $26.65.

Madison County Financial Inc. (OTCMKTS:MCBK - Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 100 shares, adeclineof66.7% from the July 15th total of 300 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 0.5 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Madison County Financial Price Performance

Madison County Financial stock traded up $0.12 during midday trading on Thursday, hitting $26.00. The company's stock had a trading volume of 140 shares, compared to its average volume of 224. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.97 and a quick ratio of 1.04. The stock's 50-day moving average price is $25.85 and its 200-day moving average price is $25.41. Madison County Financial has a 12 month low of $23.00 and a 12 month high of $26.65.

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.