Oxford Bank Corp. (OTCMKTS:OXBC) Sees Large Decrease in Short Interest

Oxford Bank Corp. (OTCMKTS:OXBC) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 100 shares, a drop of 88.0% from the October 15th total of 834 shares. Based on an average trading volume of 1,067 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Oxford Bank Price Performance

OTCMKTS OXBC remained flat at $51.00 on Wednesday. The stock has a market cap of $126.99 million, a PE ratio of 12.26 and a beta of 0.03. The stock has a 50 day moving average price of $46.70 and a 200 day moving average price of $43.91. Oxford Bank has a 1-year low of $40.05 and a 1-year high of $51.00.

Oxford Bank (OTCMKTS:OXBC) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.52 earnings per share for the quarter. The company had revenue of $16.19 million for the quarter.

About Oxford Bank

Oxford Bank Corporation is the bank holding company for Oxford Bank, a community banking institution headquartered in Oxford, Michigan. Founded in 1884, the bank has a long history of serving individuals, families, businesses and organizations in southeastern Michigan. Oxford Bank provides a range of personal and commercial banking services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate financing and business loans.