NASB Financial Inc. (OTCMKTS:NASB) Sees Significant Increase in Short Interest

NASB Financial Inc. (OTCMKTS:NASB) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 681 shares, an increase of 243.9% from the February 26th total of 198 shares. Based on an average daily volume of 6,385 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

NASB Financial Trading Up 3.7%

NASB Financial stock opened at $40.98 on Thursday. The stock has a 50-day moving average price of $38.95 and a 200 day moving average price of $36.79. The company has a market capitalization of $294.24 million, a price-to-earnings ratio of 10.17 and a beta of 0.05. NASB Financial has a 52 week low of $30.68 and a 52 week high of $40.98. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.54.

NASB Financial (OTCMKTS:NASB) last issued its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.15 earnings per share for the quarter. NASB Financial had a net margin of 16.14% and a return on equity of 6.84%. The company had revenue of $22.85 million for the quarter.

NASB Financial Company Profile

NASB Financial, Inc is the bank holding company for North American Savings Bank, F.S.B., a federal savings bank headquartered in Little Rock, Arkansas. Through its subsidiary operations, NASB Financial offers a full suite of banking and financial services to individual and business clients. The company’s core activities include accepting deposits, making consumer and commercial loans, and originating mortgage loans for sale into the secondary market.

In addition to traditional deposit and lending services, NASB Financial provides mortgage banking solutions, including retail mortgage origination, correspondent lending, and loan servicing.