M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Down 68.4% in May

M&F Bancorp Inc. (OTCMKTS:MFBP) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 89 shares, a decline of 68.4% from the April 30th total of 282 shares. Based on an average daily trading volume, of 4,881 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

M&F Bancorp Price Performance

Shares of MFBP stock traded up $0.45 during trading hours on Friday, reaching $27.90. 100 shares of the company traded hands, compared to its average volume of 1,630. M&F Bancorp has a 12-month low of $18.00 and a 12-month high of $27.90. The company has a market cap of $54.13 million, a P/E ratio of 21.46 and a beta of -0.55. The firm has a 50-day moving average price of $24.97 and a 200 day moving average price of $21.87.

M&F Bancorp (OTCMKTS:MFBP) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share for the quarter. The company had revenue of $5.74 million for the quarter.

About M&F Bancorp

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.