Bogota Financial Corp. (NASDAQ:BSBK) Short Interest Up 48.9% in October

Bogota Financial Corp. (NASDAQ:BSBK - Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 19,800 shares, an increase of 48.9% from the September 30th total of 13,300 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 2.3 days.

Bogota Financial Price Performance

BSBK stock traded up $0.05 during trading on Friday, reaching $8.10. 2,964 shares of the company were exchanged, compared to its average volume of 6,850. The company has a market capitalization of $107.37 million, a price-to-earnings ratio of -162.00 and a beta of 0.53. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.03 and a quick ratio of 1.03. The company has a 50-day moving average of $7.79 and a two-hundred day moving average of $7.20. Bogota Financial has a twelve month low of $6.40 and a twelve month high of $8.66.

Bogota Financial (NASDAQ:BSBK - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported ($0.03) earnings per share for the quarter. Bogota Financial had a negative return on equity of 1.52% and a negative net margin of 5.13%. The company had revenue of $3.05 million for the quarter.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.