CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 8,100 shares, a decline of 83.6% from the January 15th total of 49,500 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 25,500 shares, the short-interest ratio is currently 0.3 days.
Insider Activity
In other news, CEO Timothy T. O'dell sold 2,278 shares of the company's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $27.28, for a total value of $62,143.84. Following the completion of the transaction, the chief executive officer now owns 313,143 shares in the company, valued at $8,542,541.04. This represents a 0.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 19.70% of the stock is owned by company insiders.
Hedge Funds Weigh In On CF Bankshares
A number of institutional investors have recently bought and sold shares of the business. Cutter & CO Brokerage Inc. bought a new position in shares of CF Bankshares during the 4th quarter worth approximately $219,000. Aspiring Ventures LLC acquired a new position in shares of CF Bankshares in the fourth quarter valued at $469,000. Northern Trust Corp acquired a new stake in shares of CF Bankshares during the 4th quarter worth about $486,000. Salzhauer Michael lifted its stake in shares of CF Bankshares by 4.6% during the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company's stock worth $684,000 after buying an additional 1,189 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of CF Bankshares by 11.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company's stock worth $733,000 after buying an additional 2,961 shares during the period. Institutional investors and hedge funds own 41.06% of the company's stock.
CF Bankshares Stock Down 0.0 %
NASDAQ CFBK traded down $0.01 during trading on Friday, hitting $24.99. The stock had a trading volume of 4,778 shares, compared to its average volume of 16,591. CF Bankshares has a 12 month low of $16.92 and a 12 month high of $31.17. 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 company's 50-day moving average price is $24.53 and its two-hundred day moving average price is $24.04. The company has a market capitalization of $128.20 million, a PE ratio of 12.31 and a beta of 0.57.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a net margin of 10.63% and a return on equity of 8.20%.
CF Bankshares Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Thursday, January 16th. CF Bankshares's dividend payout ratio (DPR) is presently 13.79%.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on CF Bankshares in a research note on Tuesday, November 12th. They issued a "hold" rating on the stock.
View Our Latest Stock Report on CF Bankshares
CF Bankshares Company Profile
(
Get Free Report)
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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