Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Decreases By 20.7%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 29,500 shares, a decline of 20.7% from the October 15th total of 37,200 shares. Based on an average trading volume of 15,400 shares, the short-interest ratio is presently 1.9 days. Approximately 0.3% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Citizens Community Bancorp in a research report on Thursday. They issued a "hold" rating on the stock.

Citizens Community Bancorp Trading Up 1.4 %

Shares of CZWI traded up $0.21 during mid-day trading on Friday, hitting $15.21. 20,545 shares of the company's stock traded hands, compared to its average volume of 16,460. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The business's 50-day moving average price is $14.02 and its 200-day moving average price is $12.64. The firm has a market capitalization of $152.56 million, a P/E ratio of 10.64 and a beta of 1.06. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $15.21.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. As a group, sell-side analysts forecast that Citizens Community Bancorp will post 1.34 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of large investors have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC purchased a new position in shares of Citizens Community Bancorp during the first quarter valued at about $236,000. Commonwealth Equity Services LLC raised its holdings in Citizens Community Bancorp by 10.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank's stock valued at $246,000 after buying an additional 2,000 shares during the period. Acadian Asset Management LLC grew its position in shares of Citizens Community Bancorp by 37.3% during the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank's stock worth $465,000 after buying an additional 10,445 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank's stock valued at $624,000 after acquiring an additional 3,850 shares in the last quarter. Finally, Fourthstone LLC purchased a new position in Citizens Community Bancorp during the 3rd quarter valued at 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.

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