Short Interest in Bogota Financial Corp. (NASDAQ:BSBK) Grows By 6.4%

Bogota Financial Corp. (NASDAQ:BSBK) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 13,300 shares, a growth of 6.4% from the September 15th total of 12,500 shares. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is presently 1.6 days. Currently, 0.3% of the shares of the company are short sold.

Bogota Financial Stock Performance

Shares of BSBK stock traded down $0.05 during trading on Wednesday, reaching $8.28. 7,877 shares of the company’s stock were exchanged, compared to its average volume of 6,842. Bogota Financial has a twelve month low of $6.40 and a twelve month high of $8.66. The stock has a market capitalization of $109.76 million, a PE ratio of -166.60 and a beta of 0.53. The firm’s fifty day moving average price is $7.64 and its 200-day moving average price is $7.14. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.88.

Bogota Financial (NASDAQ:BSBK) last announced its quarterly earnings data on Wednesday, July 31st. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $3.05 million for the quarter. Bogota Financial had a negative return on equity of 1.52% and a negative net margin of 5.13%.

About Bogota Financial

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.