Bancorp 34, Inc. (OTCMKTS:BCTF) Short Interest Up 900.0% in October

Bancorp 34, Inc. (OTCMKTS:BCTF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, an increase of 900.0% from the September 30th total of 100 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

Bancorp 34 Trading Down 1.4 %

BCTF traded down $0.16 during trading on Friday, hitting $11.84. The company’s stock had a trading volume of 2,703 shares, compared to its average volume of 6,468. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.65. Bancorp 34 has a twelve month low of $7.56 and a twelve month high of $12.50. The stock’s fifty day moving average price is $11.22 and its 200-day moving average price is $10.04. The firm has a market capitalization of $78.25 million, a P/E ratio of -23.68 and a beta of 0.32.

Bancorp 34 (OTCMKTS:BCTF) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.21 earnings per share (EPS) for the quarter. Bancorp 34 had a negative net margin of 4.02% and a negative return on equity of 2.38%. The firm had revenue of $9.10 million for the quarter.

About Bancorp 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit.