Short Interest in CF Bankshares Inc. (NASDAQ:CFBK) Expands By 19.3%

CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 10,500 shares, a growth of 19.3% from the February 28th total of 8,800 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 19,300 shares, the days-to-cover ratio is presently 0.5 days.

CF Bankshares Stock Performance

Shares of CFBK stock traded up $0.26 during trading hours on Monday, reaching $19.86. 13,424 shares of the company's stock were exchanged, compared to its average volume of 11,396. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. CF Bankshares has a 1 year low of $16.92 and a 1 year high of $31.17. The company has a market cap of $102.02 million, a P/E ratio of 9.64 and a beta of 0.44. The company's 50 day moving average is $23.26 and its two-hundred day moving average is $24.35.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Monday, April 14th will be given a dividend of $0.07 per share. The ex-dividend date is Monday, April 14th. This represents a $0.28 annualized dividend and a yield of 1.41%. CF Bankshares's payout ratio is currently 13.59%.

Institutional Investors Weigh In On CF Bankshares

A number of hedge funds and other institutional investors have recently modified their holdings of CFBK. Geode Capital Management LLC increased its stake in CF Bankshares by 72.3% in the 3rd quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company's stock valued at $808,000 after purchasing an additional 15,658 shares in the last quarter. Aspiring Ventures LLC purchased a new position in shares of CF Bankshares in the fourth quarter valued at $469,000. Salzhauer Michael raised 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. Cutter & CO Brokerage Inc. purchased a new stake in shares of CF Bankshares in the 4th quarter worth about $219,000. Finally, Truffle Hound Capital LLC acquired a new stake in CF Bankshares in the 4th quarter valued at about $2,043,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Company Profile

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.