BANCORP 34 (OTCMKTS:BCTF) Short Interest Up 50.1% in February

BANCORP 34 (OTCMKTS:BCTF) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 2,342 shares, a growth of 50.1% from the February 12th total of 1,560 shares. Based on an average daily trading volume, of 2,532 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,532 shares, the short-interest ratio is currently 0.9 days.

BANCORP 34 Stock Performance

OTCMKTS BCTF opened at $14.89 on Monday. The firm’s fifty day moving average price is $14.44 and its two-hundred day moving average price is $13.69. The stock has a market cap of $101.56 million, a PE ratio of 14.05 and a beta of 0.15. BANCORP 34 has a fifty-two week low of $10.84 and a fifty-two week high of $15.98.

BANCORP 34 (OTCMKTS:BCTF) last released its quarterly earnings results on Thursday, January 29th. The company reported $0.19 earnings per share for the quarter. BANCORP 34 had a return on equity of 4.02% and a net margin of 14.51%.The company had revenue of $8.06 million for the quarter.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.