Southern Banc Co. (OTCMKTS:SRNN – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 657 shares, a growth of 238.7% from the May 31st total of 194 shares. Based on an average daily volume of 892 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.
Southern Banc Price Performance
Southern Banc stock opened at $16.00 on Monday. The stock has a market capitalization of $12.96 million, a PE ratio of 11.43 and a beta of -0.02. Southern Banc has a 12 month low of $9.71 and a 12 month high of $16.00. The business has a 50 day simple moving average of $13.21 and a 200-day simple moving average of $11.69.
Southern Banc (OTCMKTS:SRNN – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. Southern Banc had a return on equity of 6.13% and a net margin of 8.42%.The business had revenue of $2.53 million during the quarter.
Southern Banc Company Profile
The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.
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