BNCCORP, Inc. (OTCMKTS:BNCC) Short Interest Up 250.0% in December

BNCCORP, Inc. (OTCMKTS:BNCC) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 700 shares, a growth of 250.0% from the November 30th total of 200 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 0.2 days.

BNCCORP Price Performance

OTCMKTS BNCC traded up $0.85 on Friday, reaching $35.45. 3,718 shares of the company’s stock traded hands, compared to its average volume of 2,897. The stock has a market cap of $125.60 million, a PE ratio of 16.04 and a beta of 0.88. BNCCORP has a 12 month low of $20.10 and a 12 month high of $35.45. The stock has a 50-day simple moving average of $30.32 and a 200 day simple moving average of $26.93. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.93 and a quick ratio of 0.93.

BNCCORP (OTCMKTS:BNCC) last released its earnings results on Friday, November 1st. The bank reported $0.59 EPS for the quarter. BNCCORP had a net margin of 15.03% and a return on equity of 7.47%. The company had revenue of $13.06 million for the quarter. During the same period in the prior year, the business posted $0.42 EPS.

BNCCORP Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th will be issued a $4.00 dividend. This is a boost from BNCCORP’s previous dividend of $2.25. The ex-dividend date of this dividend is Monday, December 30th.

BNCCORP Company Profile

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.