Bancorp 34, Inc. (OTCMKTS:BCTF) Sees Large Drop in Short Interest

Bancorp 34, Inc. (OTCMKTS:BCTF) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 90.9% from the February 28th total of 1,100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is currently 0.0 days.

Bancorp 34 Stock Down 1.9 %

OTCMKTS:BCTF traded down $0.25 during trading hours on Wednesday, hitting $12.75. 600 shares of the company’s stock traded hands, compared to its average volume of 3,263. The firm has a market cap of $84.93 million, a P/E ratio of -45.53 and a beta of 0.35. Bancorp 34 has a twelve month low of $8.15 and a twelve month high of $14.50. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. The stock’s fifty day moving average price is $13.37 and its two-hundred day moving average price is $12.30.

Bancorp 34 (OTCMKTS:BCTF) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.01 earnings per share for the quarter. Bancorp 34 had a negative net margin of 0.27% and a negative return on equity of 0.17%. The firm had revenue of $8.57 million for the quarter.

Bancorp 34 Company Profile

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit.