Bancorp 34, Inc. (OTCMKTS:BCTF) Sees Large Growth in Short Interest

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,200 shares, an increase of 200.0% from the January 31st total of 400 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.1 days.

Bancorp 34 Price Performance

BCTF stock traded up $0.12 during mid-day trading on Friday, reaching $13.72. 100 shares of the company traded hands, compared to its average volume of 2,686. The company has a fifty day moving average price of $13.03 and a 200-day moving average price of $11.99. Bancorp 34 has a 52-week low of $8.15 and a 52-week high of $14.50. The company has a market capitalization of $91.39 million, a P/E ratio of -49.00 and a beta of 0.34. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.04 and a quick ratio of 1.04.

Bancorp 34 Company Profile

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.