Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Update

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 30,200 shares, a growth of 127.1% from the December 31st total of 13,300 shares. Based on an average trading volume of 23,800 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Citizens Community Bancorp from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd.

Citizens Community Bancorp Trading Up 0.3 %

NASDAQ:CZWI traded up $0.04 during mid-day trading on Friday, hitting $15.84. 20,965 shares of the company's stock were exchanged, compared to its average volume of 22,678. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $158.88 million, a P/E ratio of 11.91 and a beta of 1.08. The company has a 50 day simple moving average of $16.27 and a 200-day simple moving average of $14.54.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. As a group, research analysts expect that Citizens Community Bancorp will post 1.31 earnings per share for the current year.

Citizens Community Bancorp Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.36 dividend. This is a boost from Citizens Community Bancorp's previous annual dividend of $0.32. The ex-dividend date of this dividend is Friday, February 7th. This represents a dividend yield of 2%. Citizens Community Bancorp's dividend payout ratio is presently 24.06%.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of hedge funds have recently made changes to their positions in CZWI. Barclays PLC acquired a new stake in Citizens Community Bancorp during the 3rd quarter valued at approximately $48,000. Ritholtz Wealth Management bought a new position in Citizens Community Bancorp during the fourth quarter worth $240,000. Empowered Funds LLC lifted its holdings in Citizens Community Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank's stock valued at $825,000 after buying an additional 2,948 shares during the period. Geode Capital Management LLC boosted its position in Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank's stock valued at $1,476,000 after acquiring an additional 1,732 shares during the last quarter. Finally, Fourthstone LLC acquired a new stake in Citizens Community Bancorp during the 3rd quarter worth about $1,520,000. 55.11% of the stock is currently owned by institutional investors.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.