M&F Bancorp Inc. (OTCMKTS:MFBP – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 586 shares, a growth of 81.4% from the September 15th total of 323 shares. Based on an average daily trading volume, of 535 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.
M&F Bancorp Stock Up 0.3%
Shares of OTCMKTS MFBP opened at $49.00 on Thursday. The firm’s 50-day simple moving average is $48.59 and its 200 day simple moving average is $36.12. The company has a market cap of $95.06 million, a price-to-earnings ratio of 46.09 and a beta of -0.62. M&F Bancorp has a 12-month low of $18.40 and a 12-month high of $49.50.
M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.18 EPS for the quarter. The company had revenue of $5.77 million for the quarter.
About M&F Bancorp
M&F Bancorp, Inc is a bank holding company for Mechanics and Farmers Bank (M&F Bank), a community bank headquartered in Durham, North Carolina. M&F Bank provides banking services to individuals, families, businesses and nonprofit organizations, including deposit accounts, consumer and commercial lending, mortgage services, online and mobile banking, and treasury-management services.
Founded in 1907, M&F Bank is one of the oldest African American-owned banks in the United States.
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