Bancorp 34, Inc. (OTCMKTS:BCTF) Sees Significant Growth in Short Interest

Bancorp 34, Inc. (OTCMKTS:BCTF) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 400 shares, a growth of 300.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 0.1 days.

Bancorp 34 Trading Up 3.4 %

Shares of OTCMKTS BCTF traded up $0.46 during midday trading on Wednesday, reaching $13.93. The stock had a trading volume of 800 shares, compared to its average volume of 2,640. The company’s 50 day moving average price is $12.61 and its 200 day moving average price is $11.70. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. Bancorp 34 has a twelve month low of $8.15 and a twelve month high of $14.50. The firm has a market cap of $92.08 million, a price-to-earnings ratio of -49.75 and a beta of 0.34.

Bancorp 34 Company Profile

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.