Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Sees Significant Growth in Short Interest

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 30,200 shares, an increase of 127.1% from the December 31st total of 13,300 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,800 shares, the days-to-cover ratio is presently 1.3 days.

Analyst Ratings Changes

Separately, StockNews.com downgraded Citizens Community Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd.

Institutional Investors Weigh In On Citizens Community Bancorp

Large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its holdings in shares of Citizens Community Bancorp by 1.9% in the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock valued at $967,000 after purchasing an additional 1,100 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in Citizens Community Bancorp in the 4th quarter valued at approximately $240,000. Barclays PLC acquired a new stake in Citizens Community Bancorp during the 3rd quarter valued at $48,000. Geode Capital Management LLC increased its position in Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after buying an additional 1,732 shares in the last quarter. Finally, Fourthstone LLC purchased a new position in Citizens Community Bancorp during the third quarter worth $1,520,000. 55.11% of the stock is owned by institutional investors and hedge funds.

Citizens Community Bancorp Price Performance

CZWI traded up $0.04 on Friday, hitting $15.84. 5,014 shares of the company were exchanged, compared to its average volume of 21,863. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $158.88 million, a P/E ratio of 11.91 and a beta of 1.08. The business’s fifty day moving average is $16.28 and its 200 day moving average is $14.51.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, January 27th. The bank reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. As a group, sell-side analysts anticipate that Citizens Community Bancorp will post 1.31 EPS for the current year.

Citizens Community Bancorp Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 7th. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. This represents a dividend yield of 2%. Citizens Community Bancorp’s payout ratio is currently 24.06%.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.