Short Interest in CF Bankshares Inc. (NASDAQ:CFBK) Increases By 19.3%

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 10,500 shares, an increase of 19.3% from the February 28th total of 8,800 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 19,300 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On CF Bankshares

A number of institutional investors have recently bought and sold shares of CFBK. Cutter & CO Brokerage Inc. acquired a new stake in shares of CF Bankshares during the fourth quarter worth approximately $219,000. Citadel Advisors LLC acquired a new stake in shares of CF Bankshares during the 4th quarter valued at $251,000. 683 Capital Management LLC purchased a new position in shares of CF Bankshares during the 4th quarter valued at $340,000. Millennium Management LLC acquired a new position in shares of CF Bankshares in the fourth quarter worth $395,000. Finally, Aspiring Ventures LLC purchased a new stake in shares of CF Bankshares during the fourth quarter worth $469,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Price Performance

CFBK stock opened at $20.38 on Friday. The firm has a 50-day moving average of $23.35 and a two-hundred day moving average of $24.33. The firm has a market capitalization of $104.69 million, a PE ratio of 9.89 and a beta of 0.44. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. CF Bankshares has a one year low of $16.92 and a one year high of $31.17.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Monday, April 14th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Monday, April 14th. CF Bankshares’s payout ratio is 13.59%.

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.