CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Up 33.2% in December

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 62,335 shares, an increase of 33.2% from the November 30th total of 46,787 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 44,922 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 44,922 shares, the short-interest ratio is presently 1.4 days. Approximately 1.2% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

CFBK has been the topic of several recent research reports. Wall Street Zen lowered shares of CF Bankshares from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings downgraded CF Bankshares from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. Finally, Zacks Research cut CF Bankshares from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, CF Bankshares has a consensus rating of “Hold” and a consensus target price of $29.00.

CF Bankshares Stock Down 0.7%

Shares of CF Bankshares stock traded down $0.17 during trading on Wednesday, reaching $24.84. The company had a trading volume of 1,912 shares, compared to its average volume of 26,274. The company has a market cap of $158.16 million, a price-to-earnings ratio of 9.98 and a beta of 0.47. CF Bankshares has a fifty-two week low of $19.22 and a fifty-two week high of $27.46. The firm’s fifty day moving average is $23.98 and its 200-day moving average is $24.06. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.14 and a current ratio of 1.14.

CF Bankshares (NASDAQ:CFBK) last released its earnings results on Monday, November 3rd. The savings and loans company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.48). The firm had revenue of $15.51 million for the quarter, compared to the consensus estimate of $15.88 million. CF Bankshares had a return on equity of 9.23% and a net margin of 12.78%.

Institutional Investors Weigh In On CF Bankshares

Hedge funds have recently added to or reduced their stakes in the stock. Bridgeway Capital Management LLC increased its holdings in shares of CF Bankshares by 1.7% in the 2nd quarter. Bridgeway Capital Management LLC now owns 27,097 shares of the savings and loans company’s stock worth $650,000 after acquiring an additional 441 shares during the period. Graham Capital Wealth Management LLC grew its stake in shares of CF Bankshares by 0.5% in the second quarter. Graham Capital Wealth Management LLC now owns 145,515 shares of the savings and loans company’s stock worth $3,488,000 after purchasing an additional 698 shares in the last quarter. CWM LLC acquired a new stake in CF Bankshares in the third quarter worth about $29,000. Russell Investments Group Ltd. acquired a new stake in shares of CF Bankshares in the 3rd quarter worth approximately $29,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of CF Bankshares by 2.9% in the third quarter. Dimensional Fund Advisors LP now owns 45,718 shares of the savings and loans company’s stock valued at $1,095,000 after acquiring an additional 1,303 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors.

CF Bankshares Company Profile

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.