Carver Bancorp, Inc. (NASDAQ:CARV) Short Interest Update

Carver Bancorp, Inc. (NASDAQ:CARV) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 12,400 shares, a decrease of 20.5% from the September 15th total of 15,600 shares. Based on an average daily volume of 32,600 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Carver Bancorp in a research report on Tuesday, October 8th. They set a “sell” rating on the stock.

Carver Bancorp Trading Up 11.0 %

Shares of Carver Bancorp stock traded up $0.16 on Friday, hitting $1.61. 202,144 shares of the company’s stock traded hands, compared to its average volume of 32,137. Carver Bancorp has a one year low of $1.15 and a one year high of $2.39. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.05 and a quick ratio of 1.05. The company has a fifty day moving average of $1.91 and a two-hundred day moving average of $1.75. The company has a market capitalization of $8.03 million, a price-to-earnings ratio of -1.61 and a beta of 1.09.

Carver Bancorp (NASDAQ:CARV) last announced its earnings results on Wednesday, August 14th. The savings and loans company reported ($0.43) EPS for the quarter. Carver Bancorp had a negative net margin of 8.95% and a negative return on equity of 20.02%. The business had revenue of $6.21 million for the quarter.

Carver Bancorp Company Profile

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.