Security Federal Corp. (OTCMKTS:SFDL) Sees Significant Decrease in Short Interest

Security Federal Corp. (OTCMKTS:SFDL) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 101 shares, a decline of 46.8% from the August 15th total of 190 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 456 shares, the short-interest ratio is presently 0.2 days.

Security Federal Stock Performance

Security Federal stock opened at $44.00 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.54 and a current ratio of 0.54. Security Federal has a fifty-two week low of $30.78 and a fifty-two week high of $44.17. The stock has a market cap of $135.96 million, a price-to-earnings ratio of 11.00 and a beta of 0.43. The stock’s 50 day simple moving average is $42.28 and its two-hundred day simple moving average is $38.35.

Security Federal Company Profile

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts. The company provides real estate loans comprising commercial real estate loans secured by non-residential commercial properties, churches, hotels, residential developments, and multi-family dwellings; one-to-four family residential real estate loans; and construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects.