Community Financial Corp(Maryland) (NASDAQ:TCFC) Short Interest Update

Community Financial Corp(Maryland) (NASDAQ:TCFC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 19,000 shares, an increase of 12.4% from the July 31st total of 16,900 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 3.7 days. Currently, 0.4% of the shares of the company are short sold.

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Community Financial Corp(Maryland) by 1.5% during the second quarter. Vanguard Group Inc. now owns 218,789 shares of the financial services provider’s stock valued at $7,380,000 after acquiring an additional 3,210 shares during the last quarter. BlackRock Inc. boosted its position in shares of Community Financial Corp(Maryland) by 2.5% during the second quarter. BlackRock Inc. now owns 220,177 shares of the financial services provider’s stock worth $7,427,000 after buying an additional 5,330 shares during the period. Northern Trust Corp boosted its position in shares of Community Financial Corp(Maryland) by 2.8% during the second quarter. Northern Trust Corp now owns 50,746 shares of the financial services provider’s stock worth $1,712,000 after buying an additional 1,393 shares during the period. Renaissance Technologies LLC boosted its position in shares of Community Financial Corp(Maryland) by 16.6% during the second quarter. Renaissance Technologies LLC now owns 61,214 shares of the financial services provider’s stock worth $2,065,000 after buying an additional 8,701 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Community Financial Corp(Maryland) by 8.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 11,678 shares of the financial services provider’s stock worth $394,000 after buying an additional 902 shares during the period. Hedge funds and other institutional investors own 31.21% of the company’s stock.

Shares of NASDAQ TCFC traded up $0.71 during trading on Friday, hitting $31.70. The company had a trading volume of 6,242 shares, compared to its average volume of 3,954. The stock has a 50 day simple moving average of $31.59 and a 200 day simple moving average of $30.94. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.94 and a current ratio of 0.94. Community Financial Cor has a 12 month low of $26.47 and a 12 month high of $34.73. The firm has a market capitalization of $171.58 million, a P/E ratio of 11.22 and a beta of 0.38.

Community Financial Corp(Maryland) (NASDAQ:TCFC) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.04). The business had revenue of $14.51 million for the quarter. Community Financial Corp(Maryland) had a return on equity of 9.68% and a net margin of 20.54%.

About Community Financial Corp(Maryland)

The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. Its deposit products include savings, money market, demand deposit, IRA, SEP, and time deposit accounts. The company also provides loan products, such as commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, commercial, consumer, and commercial equipment loans.

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