CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Up 40.7% in February

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 11,400 shares, a growth of 40.7% from the January 31st total of 8,100 shares. Based on an average trading volume of 21,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

Insider Buying and Selling at CF Bankshares

In other news, CEO Timothy T. O’dell sold 20,522 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $26.54, for a total transaction of $544,653.88. Following the transaction, the chief executive officer now owns 292,621 shares in the company, valued at approximately $7,766,161.34. This represents a 6.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 19.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC bought a new position in CF Bankshares in the 4th quarter worth approximately $395,000. Citadel Advisors LLC bought a new position in CF Bankshares in the 4th quarter worth approximately $251,000. 683 Capital Management LLC bought a new position in CF Bankshares in the 4th quarter worth approximately $340,000. Rhino Investment Partners Inc bought a new position in CF Bankshares in the 4th quarter worth approximately $5,557,000. Finally, Northern Trust Corp bought a new position in CF Bankshares in the 4th quarter worth approximately $486,000. 41.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

CF Bankshares Stock Down 2.2 %

Shares of NASDAQ CFBK traded down $0.53 during trading on Monday, hitting $23.32. 3,166 shares of the company traded hands, compared to its average volume of 17,512. CF Bankshares has a fifty-two week low of $16.92 and a fifty-two week high of $31.17. The business’s fifty day moving average is $24.03 and its 200 day moving average is $24.26. The firm has a market capitalization of $119.54 million, a price-to-earnings ratio of 11.32 and a beta of 0.57. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13.

CF Bankshares (NASDAQ:CFBK) last released its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 16th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s dividend payout ratio (DPR) is presently 13.59%.

CF Bankshares Company Profile

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.