Short Interest in M&F Bancorp Inc. (OTCMKTS:MFBP) Drops By 77.4%

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 30 shares, a drop of 77.4% from the August 15th total of 133 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,140 shares, the short-interest ratio is currently 0.0 days.

M&F Bancorp Trading Down 0.1%

Shares of MFBP traded down $0.07 during trading hours on Friday, hitting $48.40. 4,115 shares of the stock traded hands, compared to its average volume of 753. M&F Bancorp has a 1-year low of $18.40 and a 1-year high of $49.40. The firm has a market capitalization of $93.75 million, a PE ratio of 45.66 and a beta of -0.58. The business has a fifty day moving average of $43.82 and a 200-day moving average of $31.99.

M&F Bancorp (OTCMKTS:MFBP) last announced its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.18 earnings per share for the quarter. The firm had revenue of $5.77 million for the quarter.

About M&F Bancorp

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.