Short Interest in Bancorp 34, Inc. (OTCMKTS:BCTF) Drops By 90.9%

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 90.9% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Bancorp 34 Trading Down 1.9 %

BCTF traded down $0.25 during trading on Wednesday, hitting $12.75. 600 shares of the company’s stock were exchanged, compared to its average volume of 3,263. Bancorp 34 has a 1 year low of $8.15 and a 1 year high of $14.50. The stock has a 50 day moving average price of $13.37 and a 200 day moving average price of $12.30. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The firm has a market cap of $84.93 million, a P/E ratio of -45.53 and a beta of 0.35.

Bancorp 34 (OTCMKTS:BCTF) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $8.57 million during the quarter. Bancorp 34 had a negative net margin of 0.27% and a negative return on equity of 0.17%.

About Bancorp 34

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.