Citizens Holding (NASDAQ:CIZN) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,700 shares, an increase of 112.5% from the June 30th total of 800 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are short sold.
A hedge fund recently raised its stake in Citizens stock. BancorpSouth Bank grew its holdings in Citizens Holding (NASDAQ:CIZN) by 110.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,764 shares of the bank’s stock after buying an additional 44,017 shares during the quarter. BancorpSouth Bank owned 1.71% of Citizens worth $1,728,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 5.99% of the company’s stock.
Citizens stock traded down $0.01 during mid-day trading on Monday, reaching $20.35. The company had a trading volume of 400 shares, compared to its average volume of 2,087. Citizens has a 52 week low of $19.08 and a 52 week high of $24.00. The stock has a market cap of $99.91 million, a price-to-earnings ratio of 17.09 and a beta of -0.16. The stock’s 50 day simple moving average is $20.81.
Citizens (NASDAQ:CIZN) last announced its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.28 earnings per share (EPS) for the quarter. Citizens had a net margin of 13.98% and a return on equity of 6.85%. The company had revenue of $8.28 million during the quarter.
Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; installment loans; credit card loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.
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