First National Bank Alaska (OTCMKTS:FBAK) Short Interest Up 100.0% in July

First National Bank Alaska (OTCMKTS:FBAK) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, an increase of 100.0% from the June 30th total of 100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.3 days.

First National Bank Alaska Price Performance

Shares of FBAK stock opened at $260.00 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.03. First National Bank Alaska has a twelve month low of $194.48 and a twelve month high of $275.89. The company has a market cap of $824.20 million, a P/E ratio of 11.55 and a beta of 0.29. The business has a fifty day simple moving average of $260.64 and a 200 day simple moving average of $243.51.

About First National Bank Alaska

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.