Bancorp 34, Inc. (OTCMKTS:BCTF) Sees Significant Increase in Short Interest

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 300 shares, a growth of 50.0% from the May 31st total of 200 shares. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is presently 0.0 days.

Bancorp 34 Stock Performance

BCTF opened at $9.10 on Monday. Bancorp 34 has a 12-month low of $7.56 and a 12-month high of $11.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.00 and a quick ratio of 1.00. The business’s fifty day simple moving average is $9.06 and its 200-day simple moving average is $9.02.

Bancorp 34 (OTCMKTS:BCTF) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.31) earnings per share for the quarter. Bancorp 34 had a negative net margin of 8.91% and a negative return on equity of 4.66%. The company had revenue of $8.53 million for the quarter.

About Bancorp 34

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.