Short Interest in Bancorp 34, Inc. (OTCMKTS:BCTF) Drops By 87.5%

Bancorp 34, Inc. (OTCMKTS:BCTF) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 100 shares, a drop of 87.5% from the December 31st total of 800 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 0.0 days.

Bancorp 34 Price Performance

Shares of BCTF stock traded down $0.25 during trading hours on Thursday, hitting $13.75. The company had a trading volume of 729 shares, compared to its average volume of 2,179. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $90.89 million, a price-to-earnings ratio of -49.11 and a beta of 0.32. Bancorp 34 has a 12 month low of $8.15 and a 12 month high of $14.00. The firm’s fifty day moving average is $12.24 and its 200 day moving average is $11.45.

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.