Central Federal Co. (NASDAQ:CFBK) Sees Large Decrease in Short Interest

Central Federal Co. (NASDAQ:CFBK) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 1,200 shares, a decrease of 50.0% from the May 15th total of 2,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 0.2 days.

Shares of Central Federal stock remained flat at $$12.17 during trading hours on Friday. 30 shares of the stock traded hands, compared to its average volume of 5,658. Central Federal has a fifty-two week low of $10.62 and a fifty-two week high of $16.95. The company has a market cap of $53.72 million, a price-to-earnings ratio of 9.85 and a beta of 0.54. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.05 and a current ratio of 1.09. The firm’s fifty day simple moving average is $12.14.

Central Federal (NASDAQ:CFBK) last released its earnings results on Wednesday, April 24th. The savings and loans company reported $0.39 EPS for the quarter. The company had revenue of $6.79 million during the quarter. Central Federal had a net margin of 16.31% and a return on equity of 11.52%.

An institutional investor recently bought a new position in Central Federal stock. Ancora Advisors LLC purchased a new stake in Central Federal Co. (NASDAQ:CFBK) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 74,548 shares of the savings and loans company’s stock, valued at approximately $871,000. Ancora Advisors LLC owned approximately 1.73% of Central Federal as of its most recent SEC filing. Hedge funds and other institutional investors own 23.90% of the company’s stock.

Central Federal Company Profile

Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits, as well as other loans.

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