Short Interest in Carver Bancorp, Inc. (NASDAQ:CARV) Expands By 172.6%

Carver Bancorp, Inc. (NASDAQ:CARV) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 22,900 shares, an increase of 172.6% from the October 31st total of 8,400 shares. Based on an average daily trading volume, of 22,500 shares, the short-interest ratio is currently 1.0 days.

Carver Bancorp Stock Up 0.5 %

Shares of CARV traded up $0.01 during trading hours on Friday, hitting $1.84. The company had a trading volume of 25,748 shares, compared to its average volume of 31,114. Carver Bancorp has a 52-week low of $1.26 and a 52-week high of $2.39. The firm has a fifty day moving average price of $1.76 and a 200-day moving average price of $1.78. The stock has a market capitalization of $9.40 million, a price-to-earnings ratio of -2.22 and a beta of 1.11. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Carver Bancorp in a research report on Monday. They issued a “sell” rating on the stock.

About Carver Bancorp

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.