Short Interest in M&F Bancorp Inc. (OTCMKTS:MFBP) Declines By 51.2%

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 141 shares, a decrease of 51.2% from the May 31st total of 289 shares. Based on an average daily trading volume, of 1,315 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

M&F Bancorp Price Performance

M&F Bancorp stock opened at $30.98 on Wednesday. The firm has a market capitalization of $60.10 million, a P/E ratio of 23.83 and a beta of -0.53. M&F Bancorp has a 1-year low of $18.40 and a 1-year high of $31.93. The company’s 50-day moving average is $26.85 and its 200 day moving average is $23.34.

M&F Bancorp (OTCMKTS:MFBP) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $5.74 million for the quarter.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.