CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 8,800 shares, a drop of 22.8% from the February 13th total of 11,400 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 20,500 shares, the short-interest ratio is presently 0.4 days.
CF Bankshares Price Performance
Shares of CF Bankshares stock traded up $0.04 during midday trading on Friday, hitting $22.20. 18,535 shares of the company traded hands, compared to its average volume of 11,697. The stock has a market cap of $113.80 million, a price-to-earnings ratio of 10.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The firm's fifty day moving average price is $23.47 and its 200-day moving average price is $24.31. CF Bankshares has a 12 month low of $16.92 and a 12 month high of $31.17.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.
CF Bankshares Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were given a $0.07 dividend. The ex-dividend date was Thursday, January 16th. This represents a $0.28 annualized dividend and a yield of 1.26%. CF Bankshares's dividend payout ratio is presently 13.59%.
Institutional Trading of CF Bankshares
Hedge funds have recently made changes to their positions in the company. Salzhauer Michael raised its holdings in CF Bankshares by 4.6% in the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company's stock valued at $684,000 after buying an additional 1,189 shares during the last quarter. Geode Capital Management LLC increased its position in CF Bankshares by 3.9% in the 4th quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company's stock valued at $991,000 after acquiring an additional 1,448 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of CF Bankshares by 11.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company's stock valued at $733,000 after acquiring an additional 2,961 shares during the last quarter. De Lisle Partners LLP lifted its holdings in shares of CF Bankshares by 10.4% during the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company's stock worth $1,120,000 after purchasing an additional 4,843 shares during the period. Finally, Kennedy Capital Management LLC grew its stake in shares of CF Bankshares by 17.0% in the fourth quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company's stock worth $1,111,000 after purchasing an additional 6,309 shares during the last quarter. 41.06% of the stock is owned by institutional investors and hedge funds.
About CF Bankshares
(
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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 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.
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