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

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 8,800 shares, a decline 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 currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

CF Bankshares Stock Up 2.7 %

CFBK stock opened at $22.26 on Monday. CF Bankshares has a one year low of $16.92 and a one year high of $31.17. The company has a 50 day moving average price of $23.58 and a two-hundred day moving average price of $24.33. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $114.13 million, a P/E ratio of 10.81 and a beta of 0.59.

CF Bankshares (NASDAQ:CFBK) last issued its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share 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 dividend payout ratio (DPR) is 13.59%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CFBK. Millennium Management LLC purchased a new position in CF Bankshares in the 4th quarter worth approximately $395,000. Citadel Advisors LLC acquired a new position in CF Bankshares in the 4th quarter worth $251,000. 683 Capital Management LLC acquired a new stake in shares of CF Bankshares during the fourth quarter valued at about $340,000. Rhino Investment Partners Inc purchased a new stake in shares of CF Bankshares during the fourth quarter worth about $5,557,000. Finally, Northern Trust Corp purchased a new position in CF Bankshares in the fourth quarter valued at about $486,000. 41.06% of the stock is owned by hedge funds and other institutional investors.

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.