Madison County Financial Inc. (OTCMKTS:MCBK) Sees Significant Decrease in Short Interest

Madison County Financial Inc. (OTCMKTS:MCBK) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 110 shares, a decrease of 64.7% from the April 30th total of 312 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 995 shares, the days-to-cover ratio is currently 0.1 days.

Madison County Financial Price Performance

MCBK remained flat at $31.85 during midday trading on Friday. The business has a fifty day moving average price of $30.58 and a 200-day moving average price of $28.64. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.72. Madison County Financial has a 52 week low of $25.01 and a 52 week high of $34.45.

Madison County Financial Company Profile

Madison County Financial, Inc is a bank holding company headquartered in Huntsville, Alabama, operating through its wholly owned subsidiary, Madison County Bank. The company focuses on community banking services, serving individuals, small businesses and nonprofit organizations across Madison County and its surrounding areas.

Madison County Financial offers a full suite of deposit products, including checking, savings and money market accounts, as well as certificates of deposit. On the lending side, the company provides consumer loans, residential real estate financing, commercial lending and construction loans.