Southern Banc Co. (OTCMKTS:SRNN – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,552 shares, a growth of 136.2% from the June 15th total of 657 shares. Based on an average trading volume of 1,509 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short.
Southern Banc Price Performance
SRNN remained flat at $16.50 during midday trading on Tuesday. The firm’s fifty day moving average is $14.22 and its two-hundred day moving average is $12.17. The firm has a market capitalization of $13.30 million, a P/E ratio of 11.78 and a beta of -0.06. Southern Banc has a 12-month low of $9.71 and a 12-month high of $16.76.
Southern Banc (OTCMKTS:SRNN – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. Southern Banc had a net margin of 8.42% and a return on equity of 6.13%. The company had revenue of $2.53 million during the quarter.
About Southern Banc
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.
See Also
- Five stocks we like better than Southern Banc
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Southern Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Banc and related companies with MarketBeat.com's FREE daily email newsletter.
