River City Bank (NASDAQ:RCBC) Stock Short Interest Report for September

River City Bank (NASDAQ:RCBC) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 150,874 shares, a growth of 74.9% from the September 15th total of 86,272 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 125,879 shares, the short-interest ratio is presently 1.2 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods raised River City Bank to a “moderate buy” rating in a research report on Monday, August 31st. Zacks Research upgraded shares of River City Bank to a “hold” rating in a research note on Tuesday, September 1st. Raymond James Financial began coverage on shares of River City Bank in a research note on Monday, August 31st. They issued an “outperform” rating and a $56.00 price target for the company. Stephens initiated coverage on shares of River City Bank in a report on Monday, August 31st. They set an “equal weight” rating and a $54.00 price target for the company. Finally, DA Davidson assumed coverage on shares of River City Bank in a research report on Monday, August 31st. They issued a “neutral” rating and a $55.00 price objective on the stock. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $55.00.

River City Bank Stock Up 0.1%

NASDAQ RCBC traded up $0.05 during trading on Thursday, reaching $53.64. 14,040 shares of the company’s stock were exchanged, compared to its average volume of 27,936. River City Bank has a 1 year low of $38.30 and a 1 year high of $56.71.

River City Bank Company Profile

River City Bank is a community-focused commercial bank headquartered in Sacramento, California. The bank provides banking services to businesses, nonprofit organizations, professionals and individuals, with an emphasis on relationship-based financial solutions and local market expertise.

Its products and services include commercial and small-business lending, commercial real estate financing, construction loans, business checking and savings accounts, treasury management, online and mobile banking, residential mortgage lending and personal deposit services.