Oxford Bank Corp. (OTCMKTS:OXBC) Sees Large Increase in Short Interest

Oxford Bank Corp. (OTCMKTS:OXBC) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 365 shares, an increase of 90.1% from the August 15th total of 192 shares. Based on an average daily volume of 573 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Oxford Bank Price Performance

OXBC stock remained flat at $45.15 on Wednesday. Oxford Bank has a 12 month low of $35.80 and a 12 month high of $45.15. The company has a market cap of $111.79 million, a PE ratio of 11.64 and a beta of 0.08. The stock has a 50 day moving average price of $44.66 and a 200 day moving average price of $43.29.

Oxford Bank (OTCMKTS:OXBC) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.09 earnings per share (EPS) for the quarter. The business had revenue of $13.51 million during the quarter.

About Oxford Bank

Oxford Bank Corporation is the bank holding company for Oxford Bank, a community bank headquartered in Oxford, Michigan. The bank serves individuals, families, businesses and nonprofit organizations in southeastern Michigan, with a focus on Oakland County and surrounding communities.

Oxford Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer lending, residential mortgage lending and commercial loans. It also offers business banking services, treasury management and other deposit and credit solutions designed to support local businesses and organizations.

Established in 1884, Oxford Bank has a long history of serving Michigan communities.