Redwood Financial, Inc. (OTCMKTS:REDW) Sees Large Increase in Short Interest

Redwood Financial, Inc. (OTCMKTS:REDW) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 1 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 14 shares, the short-interest ratio is currently 0.1 days.

Redwood Financial Stock Performance

REDW opened at $195.50 on Friday. Redwood Financial has a twelve month low of $186.00 and a twelve month high of $295.00. The company has a 50-day moving average price of $215.60 and a 200 day moving average price of $222.13.

Redwood Financial Company Profile

Redwood Financial, Inc operates as the financial holding company for HomeTown Bank that provides various banking products and services in Minnesota. It offers checking, savings, money market, and demand deposit accounts; IRAs and HSAs; certificates of deposit. The company also provides personal, home equity/HELOC, real estate, business, and agricultural loans. In addition, it offers property, casualty, crop, and health/life insurance products; ATMS, bill pay, notary, safe deposit box, wire transfer, positive pay, remote deposit capture, merchant card, and ACH transaction processing services; credit cards; and online, phone, and mobile banking services.