CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Down 22.8% in February

CF Bankshares Inc. (NASDAQ:CFBK) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 8,800 shares, a decrease of 22.8% from the February 13th total of 11,400 shares. Based on an average daily volume of 20,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

CF Bankshares Trading Up 2.7 %

Shares of NASDAQ:CFBK opened at $22.26 on Monday. CF Bankshares has a 12-month low of $16.92 and a 12-month high of $31.17. The business’s fifty day simple moving average is $23.58 and its 200-day simple moving average is $24.33. The company has a market capitalization of $114.13 million, a PE ratio of 10.81 and a beta of 0.59. 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 (NASDAQ:CFBK) last announced its quarterly earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 16th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a yield of 1.26%. CF Bankshares’s payout ratio is presently 13.59%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Salzhauer Michael boosted its stake in CF Bankshares by 4.6% during the fourth quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock worth $684,000 after buying an additional 1,189 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of CF Bankshares by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company’s stock valued at $991,000 after buying an additional 1,448 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CF Bankshares by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company’s stock valued at $733,000 after purchasing an additional 2,961 shares in the last quarter. De Lisle Partners LLP boosted its position in CF Bankshares by 10.4% in the 3rd quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock valued at $1,120,000 after buying an additional 4,843 shares during the period. Finally, Kennedy Capital Management LLC grew its stake in CF Bankshares by 17.0% during the 4th quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company’s stock worth $1,111,000 after purchasing an additional 6,309 shares in the last quarter. 41.06% of the stock is owned by hedge funds and other institutional investors.

About CF Bankshares

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.