BNCCORP Inc. (OTCMKTS:BNCC) Sees Large Increase in Short Interest

BNCCORP Inc. (OTCMKTS:BNCC) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 530 shares, an increase of 116.3% from the June 15th total of 245 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,245 shares, the days-to-cover ratio is currently 0.1 days.

BNCCORP Price Performance

BNCCORP stock opened at $35.90 on Friday. The business’s 50-day simple moving average is $34.89 and its 200 day simple moving average is $35.18. The stock has a market cap of $127.09 million, a price-to-earnings ratio of 13.86 and a beta of 0.33. BNCCORP has a 12-month low of $28.39 and a 12-month high of $38.00. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.14.

BNCCORP (OTCMKTS:BNCC) last announced its quarterly earnings data on Friday, May 15th. The bank reported $0.61 earnings per share for the quarter. BNCCORP had a return on equity of 8.75% and a net margin of 15.52%.

About BNCCORP

BNCCORP (OTCMKTS:BNCC) is a bank holding company headquartered in New Canaan, Connecticut. Through its wholly owned subsidiary, The Bank of New Canaan, the company offers a full suite of community banking services tailored to the needs of individuals and businesses. Established in the early 2000s, BNCCORP has grown by focusing on relationship-based lending and personalized deposit products, positioning itself as a regional banking partner in Fairfield County and neighboring Westchester County, New York.

The company’s core business activities include consumer and commercial lending, deposit account services, mortgage finance and treasury management solutions.