Southern Banc Co. (OTCMKTS:SRNN) Short Interest Up ∞ in May

Southern Banc Co. (OTCMKTS:SRNN) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 194 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 1,493 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Southern Banc Price Performance

Shares of Southern Banc stock opened at $14.50 on Friday. Southern Banc has a fifty-two week low of $9.71 and a fifty-two week high of $15.40. The firm has a market capitalization of $11.75 million, a P/E ratio of 10.36 and a beta of -0.02. The company’s 50 day moving average price is $12.54 and its two-hundred day moving average price is $11.33.

Southern Banc (OTCMKTS:SRNN) last issued its earnings results on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. Southern Banc had a net margin of 8.42% and a return on equity of 6.13%. The firm had revenue of $2.53 million for the quarter.

About Southern Banc

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.