BANCORP 34 (OTCMKTS:BCTF) Sees Large Growth in Short Interest

BANCORP 34 (OTCMKTS:BCTF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 444 shares, an increase of 22,100.0% from the August 15th total of 2 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,449 shares, the short-interest ratio is currently 0.2 days.

BANCORP 34 Stock Performance

BANCORP 34 stock remained flat at $15.79 during mid-day trading on Thursday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 2,215. BANCORP 34 has a 52-week low of $12.40 and a 52-week high of $15.98. The company has a 50 day moving average price of $15.44 and a 200 day moving average price of $15.16. The firm has a market cap of $107.70 million, a P/E ratio of 17.94 and a beta of 0.13.

About BANCORP 34

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. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.