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

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a significant 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 trading volume of 25,400 shares, the days-to-cover ratio is presently 0.0 days.

Bancorp 34 Stock Up 1.1 %

Shares of OTCMKTS:BCTF opened at $9.10 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.93. Bancorp 34 has a 1 year low of $7.56 and a 1 year high of $11.00. The stock’s fifty day moving average price is $9.06 and its 200-day moving average price is $9.02.

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

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.