Short Interest in Bancorp 34, Inc. (OTCMKTS:BCTF) Rises By 60.0%

Bancorp 34, Inc. (OTCMKTS:BCTF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 800 shares, an increase of 60.0% from the December 15th total of 500 shares. Based on an average daily trading volume, of 9,800 shares, the days-to-cover ratio is currently 0.1 days.

Bancorp 34 Price Performance

OTCMKTS:BCTF traded up $0.40 during mid-day trading on Wednesday, hitting $12.41. 9,120 shares of the company’s stock traded hands, compared to its average volume of 3,117. 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 company has a market cap of $82.03 million, a PE ratio of -44.32 and a beta of 0.32. The firm’s 50 day simple moving average is $11.94 and its 200 day simple moving average is $11.18. Bancorp 34 has a 1 year low of $8.15 and a 1 year high of $13.10.

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.