Carver Bancorp, Inc. (NASDAQ:CARV) Short Interest Update

Carver Bancorp, Inc. (NASDAQ:CARV) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 25,100 shares, a growth of 9.6% from the November 15th total of 22,900 shares. Based on an average daily trading volume, of 26,000 shares, the days-to-cover ratio is presently 1.0 days.

Carver Bancorp Stock Up 1.1 %

Shares of CARV traded up $0.02 during midday trading on Monday, reaching $1.86. 11,387 shares of the stock were exchanged, compared to its average volume of 30,531. Carver Bancorp has a 52 week low of $1.26 and a 52 week high of $2.39. The company’s 50 day moving average is $1.73 and its two-hundred day moving average is $1.78. The company has a market capitalization of $9.50 million, a P/E ratio of -2.22 and a beta of 1.12. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Carver Bancorp in a research report on Wednesday, December 11th. They issued a “sell” rating on the stock.

Insider Buying and Selling at Carver Bancorp

In other Carver Bancorp news, CEO Donald Felix acquired 26,946 shares of the stock in a transaction dated Monday, November 25th. The shares were acquired at an average cost of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the transaction, the chief executive officer now directly owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.32% of the stock is owned by company insiders.

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.