Security Federal Corp. (OTCMKTS:SFDL) Sees Significant Decline in Short Interest

Security Federal Corp. (OTCMKTS:SFDL) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 101 shares, a decline of 46.8% from the August 15th total of 190 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 456 shares, the days-to-cover ratio is currently 0.2 days.

Security Federal Price Performance

OTCMKTS SFDL remained flat at $44.00 on Thursday. The company’s stock had a trading volume of 402 shares, compared to its average volume of 392. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a market capitalization of $135.96 million, a P/E ratio of 11.00 and a beta of 0.43. The stock’s fifty day moving average is $42.47 and its two-hundred day moving average is $38.46. Security Federal has a 52-week low of $30.78 and a 52-week high of $44.68.

Security Federal Company Profile

Security Federal Corporation is a bank holding company headquartered in Aiken, South Carolina. Through its subsidiary, Security Federal Bank, the company provides community banking services to individuals, families, businesses and other organizations.

Security Federal Bank offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential mortgage loans, commercial real estate and business loans, construction financing, home equity lending and consumer loans.

The bank serves customers through branches and other banking channels in communities across South Carolina and the surrounding region.