IF Bancorp, Inc. (NASDAQ:IROQ) Sees Large Growth in Short Interest

IF Bancorp, Inc. (NASDAQ:IROQ) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 6,100 shares, an increase of 177.3% from the December 31st total of 2,200 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 1.8 days.

IF Bancorp Stock Down 0.7 %

IF Bancorp stock traded down $0.17 during midday trading on Friday, reaching $23.40. The stock had a trading volume of 551 shares, compared to its average volume of 1,479. The stock has a market capitalization of $78.39 million, a P/E ratio of 38.42 and a beta of 0.49. The firm’s fifty day simple moving average is $23.19 and its 200-day simple moving average is $20.50. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.91 and a current ratio of 0.91. IF Bancorp has a 1-year low of $14.85 and a 1-year high of $24.64.

IF Bancorp (NASDAQ:IROQ) last posted its quarterly earnings results on Thursday, January 30th. The savings and loans company reported $0.38 earnings per share for the quarter. IF Bancorp had a return on equity of 2.62% and a net margin of 4.14%.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.