Sturgis Bancorp Inc. (OTCMKTS:STBI – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 303 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 574 shares, the days-to-cover ratio is presently 0.5 days.
Sturgis Bancorp Stock Performance
Shares of OTCMKTS:STBI opened at $29.79 on Tuesday. Sturgis Bancorp has a 52-week low of $18.65 and a 52-week high of $29.79. The company has a market capitalization of $64.64 million, a P/E ratio of 7.34 and a beta of 0.16. The company has a 50-day simple moving average of $29.07 and a 200 day simple moving average of $26.32.
Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) last posted its earnings results on Monday, July 13th. The financial services provider reported $1.16 earnings per share for the quarter. The business had revenue of $10.87 million for the quarter.
Sturgis Bancorp Company Profile
Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.
The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.
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