CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 15,100 shares, a growth of 251.2% from the September 15th total of 4,300 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is presently 4.7 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CFBK. Graham Capital Wealth Management LLC acquired a new stake in CF Bankshares in the 2nd quarter valued at about $2,774,000. Dimensional Fund Advisors LP lifted its stake in CF Bankshares by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after purchasing an additional 2,172 shares during the last quarter. Finally, Kennedy Capital Management LLC acquired a new stake in CF Bankshares during the first quarter valued at approximately $619,000. Institutional investors own 41.06% of the company’s stock.

CF Bankshares Price Performance

CF Bankshares stock traded down $0.55 during trading hours on Friday, hitting $22.03. 7,489 shares of the company traded hands, compared to its average volume of 4,561. CF Bankshares has a 1-year low of $14.69 and a 1-year high of $22.97. The firm has a market cap of $113.01 million, a P/E ratio of 11.02 and a beta of 0.56. The firm’s 50-day simple moving average is $21.62 and its two-hundred day simple moving average is $20.09. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.95.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings data on Tuesday, August 6th. The savings and loans company reported $0.26 EPS for the quarter. CF Bankshares had a net margin of 10.79% and a return on equity of 8.35%. The business had revenue of $12.59 million for the quarter.

CF Bankshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 19th. Stockholders of record on Friday, October 11th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, October 11th. This is an increase from CF Bankshares’s previous quarterly dividend of $0.06. CF Bankshares’s payout ratio is currently 12.00%.

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.