Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Update

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 30,200 shares, an increase of 127.1% from the December 31st total of 13,300 shares. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

Citizens Community Bancorp Price Performance

CZWI stock traded down $0.02 during mid-day trading on Wednesday, hitting $15.70. 34,438 shares of the stock were exchanged, compared to its average volume of 23,041. The business has a fifty day moving average price of $16.28 and a 200 day moving average price of $14.50. Citizens Community Bancorp has a 12 month low of $10.14 and a 12 month high of $17.04. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $157.47 million, a price-to-earnings ratio of 11.13 and a beta of 1.08.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. On average, sell-side analysts anticipate that Citizens Community Bancorp will post 1.34 EPS for the current year.

Citizens Community Bancorp Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.36 per share. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. This represents a yield of 2%. The ex-dividend date of this dividend is Friday, February 7th. Citizens Community Bancorp’s dividend payout ratio is currently 22.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

Hedge Funds Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC bought a new stake in Citizens Community Bancorp in the third quarter valued at $48,000. Ritholtz Wealth Management purchased a new stake in shares of Citizens Community Bancorp in the 4th quarter worth about $240,000. Empowered Funds LLC boosted its stake in shares of Citizens Community Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after purchasing an additional 2,948 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after buying an additional 1,732 shares during the period. Finally, Fourthstone LLC bought a new position in Citizens Community Bancorp in the third quarter worth about $1,520,000. 55.11% of the stock is owned by institutional investors.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.