Affinity Bancshares, Inc. (NASDAQ:AFBI) Short Interest Update

Affinity Bancshares, Inc. (NASDAQ:AFBI) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 6,000 shares, a growth of 57.9% from the May 15th total of 3,800 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is currently 0.5 days.

Affinity Bancshares Stock Performance

Shares of NASDAQ:AFBI opened at $20.70 on Friday. The business’s 50 day moving average price is $17.65 and its 200-day moving average price is $16.68. Affinity Bancshares has a 1 year low of $11.56 and a 1 year high of $20.92. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $132.89 million, a PE ratio of 22.50 and a beta of 0.49.

Affinity Bancshares (NASDAQ:AFBI) last announced its quarterly earnings data on Friday, April 26th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $7.33 million during the quarter. Affinity Bancshares had a net margin of 12.98% and a return on equity of 5.04%.

Institutional Trading of Affinity Bancshares

An institutional investor recently bought a new position in Affinity Bancshares stock. Objectivity Squared LLC bought a new stake in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 28,000 shares of the company’s stock, valued at approximately $447,000. Affinity Bancshares accounts for 0.4% of Objectivity Squared LLC’s portfolio, making the stock its 26th biggest position. Objectivity Squared LLC owned 0.44% of Affinity Bancshares at the end of the most recent quarter. Institutional investors and hedge funds own 39.31% of the company’s stock.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.