CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, a growth of 16.7% from the March 15th total of 3,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On CF Bankshares

Large investors have recently bought and sold shares of the business. AJOVista LLC bought a new position in CF Bankshares in the fourth quarter worth approximately $25,000. UBS Group AG bought a new position in CF Bankshares in the third quarter worth approximately $27,000. Tower Research Capital LLC TRC increased its position in shares of CF Bankshares by 1,661.6% during the third quarter. Tower Research Capital LLC TRC now owns 2,660 shares of the savings and loans company’s stock worth $45,000 after purchasing an additional 2,509 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of CF Bankshares by 65.9% during the second quarter. Wells Fargo & Company MN now owns 4,449 shares of the savings and loans company’s stock worth $67,000 after purchasing an additional 1,768 shares in the last quarter. Finally, Northern Trust Corp acquired a new position in shares of CF Bankshares during the fourth quarter worth $199,000. Institutional investors own 41.06% of the company’s stock.

CF Bankshares Trading Down 0.1 %

Shares of NASDAQ CFBK traded down $0.02 during trading hours on Tuesday, reaching $18.64. The stock had a trading volume of 1,267 shares, compared to its average volume of 6,385. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.80. The firm has a market cap of $94.69 million, a price-to-earnings ratio of 7.14 and a beta of 0.52. The business’s fifty day moving average price is $20.57 and its two-hundred day moving average price is $18.79. CF Bankshares has a 52-week low of $14.69 and a 52-week high of $22.00.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings results on Wednesday, February 7th. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $12.79 million during the quarter. CF Bankshares had a return on equity of 11.34% and a net margin of 15.08%.

CF Bankshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 18th will be issued a $0.06 dividend. The ex-dividend date is Wednesday, April 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.29%. CF Bankshares’s payout ratio is 9.20%.

Analyst Ratings Changes

Separately, TheStreet upgraded CF Bankshares from a “c+” rating to a “b-” rating in a report on Tuesday, January 30th.

About CF Bankshares

CF Bankshares Inc 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 accounts, 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 and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.