BNCCORP, Inc. (OTCMKTS:BNCC) Sees Large Increase in Short Interest

BNCCORP, Inc. (OTCMKTS:BNCC - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, an increase of 250.0% from the November 30th total of 200 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 0.2 days.

BNCCORP Stock Up 0.0 %

Shares of BNCC traded up $0.01 during midday trading on Thursday, hitting $34.60. The company had a trading volume of 472 shares, compared to its average volume of 2,893. BNCCORP has a 1 year low of $20.10 and a 1 year high of $35.22. The firm has a market capitalization of $122.59 million, a P/E ratio of 15.66 and a beta of 0.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.93 and a current ratio of 0.93. The company's 50-day simple moving average is $29.99 and its 200-day simple moving average is $26.79.

BNCCORP (OTCMKTS:BNCC - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The bank reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $13.06 million during the quarter. BNCCORP had a net margin of 15.03% and a return on equity of 7.47%. During the same period last year, the firm posted $0.42 earnings per share.

BNCCORP Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th will be given a dividend of $4.00 per share. The ex-dividend date of this dividend is Monday, December 30th. This is an increase from BNCCORP's previous dividend of $2.25.

BNCCORP Company Profile

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.