Bancorp 34, Inc. (OTCMKTS:BCTF) Short Interest Down 90.0% in October

Bancorp 34, Inc. (OTCMKTS:BCTF) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 90.0% from the October 15th total of 1,000 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 0.0 days.

Bancorp 34 Stock Performance

Shares of OTCMKTS BCTF traded down $0.10 during midday trading on Tuesday, hitting $11.55. 12,641 shares of the stock traded hands, compared to its average volume of 4,293. Bancorp 34 has a one year low of $7.56 and a one year high of $12.50. The firm has a 50-day moving average of $11.42 and a two-hundred day moving average of $10.24. The firm has a market capitalization of $76.35 million, a P/E ratio of -23.10 and a beta of 0.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.04 and a current ratio of 1.04.

Bancorp 34 (OTCMKTS:BCTF) last announced its earnings results on Wednesday, August 14th. The company reported $0.21 EPS for the quarter. Bancorp 34 had a negative return on equity of 2.38% and a negative net margin of 4.02%. The company had revenue of $9.10 million for the quarter.

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.