Security Federal Co. (OTCMKTS:SFDL) Short Interest Update

Security Federal Co. (OTCMKTS:SFDL) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 100 shares, a drop of 50.0% from the February 13th total of 200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Security Federal Price Performance

OTCMKTS:SFDL traded down $0.09 during mid-day trading on Friday, reaching $29.75. 101 shares of the company were exchanged, compared to its average volume of 1,929. Security Federal has a 12 month low of $22.00 and a 12 month high of $30.23. The company has a fifty day moving average of $29.35 and a 200 day moving average of $28.04. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.95. The stock has a market cap of $95.05 million, a PE ratio of 10.78 and a beta of 0.47.

Security Federal (OTCMKTS:SFDL) last issued its quarterly earnings data on Friday, January 31st. The bank reported $0.94 EPS for the quarter. Security Federal had a net margin of 11.20% and a return on equity of 10.26%.

Security Federal Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Monday, March 31st. This is a positive change from Security Federal’s previous quarterly dividend of $0.14. Security Federal’s dividend payout ratio (DPR) is 21.74%.

About Security Federal

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts.