CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 34,700 shares, an increase of 350.6% from the December 15th total of 7,700 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 23,800 shares, the short-interest ratio is currently 1.5 days.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of CF Bankshares in a report on Tuesday, November 12th. They issued a “hold” rating on the stock.

CF Bankshares Trading Up 1.9 %

CFBK traded up $0.42 during trading on Wednesday, hitting $21.96. The company’s stock had a trading volume of 9,225 shares, compared to its average volume of 34,344. The firm’s 50 day moving average price is $26.35 and its 200-day moving average price is $23.39. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. CF Bankshares has a twelve month low of $16.92 and a twelve month high of $31.17. The stock has a market cap of $112.57 million, a PE ratio of 10.82 and a beta of 0.57.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported $0.65 earnings per share for the quarter. The company had revenue of $31.60 million for the quarter. CF Bankshares had a net margin of 10.63% and a return on equity of 8.20%. During the same period in the prior year, the business earned $0.62 EPS.

CF Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Thursday, January 16th will be issued a $0.07 dividend. The ex-dividend date is Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a yield of 1.28%. CF Bankshares’s dividend payout ratio is currently 13.79%.

Insider Transactions at CF Bankshares

In other CF Bankshares news, CEO Timothy T. O’dell sold 20,522 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $26.54, for a total transaction of $544,653.88. Following the completion of the transaction, the chief executive officer now owns 292,621 shares of the company’s stock, valued at approximately $7,766,161.34. This trade represents a 6.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold a total of 23,297 shares of company stock valued at $621,211 in the last ninety days. Corporate insiders own 19.70% of the company’s stock.

Institutional Trading of CF Bankshares

Large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its stake in CF Bankshares by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after purchasing an additional 2,172 shares in the last quarter. Geode Capital Management LLC grew its position in shares of CF Bankshares by 72.3% during the third quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock worth $808,000 after buying an additional 15,658 shares in the last quarter. De Lisle Partners LLP increased its stake in shares of CF Bankshares by 10.4% in the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock worth $1,120,000 after buying an additional 4,843 shares during the last quarter. Finally, Graham Capital Wealth Management LLC acquired a new stake in CF Bankshares in the second quarter valued at $2,774,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.