M&F Bancorp Inc. (OTCMKTS:MFBP – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 323 shares, an increase of 976.7% from the August 31st total of 30 shares. Based on an average trading volume of 2,712 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
M&F Bancorp Stock Performance
MFBP stock remained flat at $49.25 during midday trading on Thursday. The company had a trading volume of 6 shares, compared to its average volume of 919. The business has a 50 day simple moving average of $47.16 and a 200-day simple moving average of $33.62. M&F Bancorp has a fifty-two week low of $18.40 and a fifty-two week high of $49.40. The stock has a market capitalization of $95.55 million, a P/E ratio of 46.46 and a beta of -0.58.
M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last posted its earnings results on Friday, July 31st. The financial services provider reported $0.18 EPS for the quarter. The business had revenue of $5.77 million during the quarter.
M&F Bancorp Company Profile
M&F Bancorp, Inc is a bank holding company for Mechanics and Farmers Bank, commonly known as M&F Bank. The company provides banking and financial services to individuals, businesses, and community organizations through its banking operations.
M&F Bank offers products and services that generally include consumer and business deposit accounts, commercial and personal lending, mortgage lending, online and mobile banking, and other treasury and financial management services. Its activities are focused primarily on serving customers in North Carolina.
Founded in 1907, Mechanics and Farmers Bank has a long history of supporting underserved communities and is recognized as one of the nation’s historically Black-owned banks.
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