Bogota Financial Corp. (NASDAQ:BSBK) Sees Significant Decrease in Short Interest

Bogota Financial Corp. (NASDAQ:BSBK) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 9,400 shares, a decline of 44.4% from the May 31st total of 16,900 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the company’s shares are short sold.

Bogota Financial Trading Up 0.6 %

Shares of BSBK stock traded up $0.04 on Friday, reaching $6.73. 830 shares of the stock were exchanged, compared to its average volume of 6,026. The stock has a market cap of $89.24 million, a PE ratio of -134.57 and a beta of 0.52. Bogota Financial has a one year low of $6.40 and a one year high of $8.75. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a 50 day moving average price of $6.75 and a 200 day moving average price of $7.34.

Bogota Financial (NASDAQ:BSBK) last released its earnings results on Tuesday, April 30th. The company reported ($0.03) earnings per share for the quarter. Bogota Financial had a negative return on equity of 0.57% and a negative net margin of 2.00%. The firm had revenue of $2.95 million for the quarter.

About Bogota Financial

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.