Bancorp 34, Inc. (OTCMKTS:BCTF) Short Interest Up 900.0% in October

Bancorp 34, Inc. (OTCMKTS:BCTF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the September 30th total of 100 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

Bancorp 34 Price Performance

BCTF opened at $11.84 on Friday. Bancorp 34 has a 12 month low of $7.56 and a 12 month high of $12.50. The company has a market cap of $78.25 million, a PE ratio of -23.68 and a beta of 0.32. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $11.24 and a 200 day moving average of $10.06.

Bancorp 34 (OTCMKTS:BCTF) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.21 EPS for the quarter. Bancorp 34 had a negative return on equity of 2.38% and a negative net margin of 4.02%. The firm had revenue of $9.10 million during 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.