M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Update

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 289 shares, an increase of 224.7% from the May 14th total of 89 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

M&F Bancorp Price Performance

Shares of OTCMKTS:MFBP opened at $27.00 on Friday. M&F Bancorp has a 52-week low of $18.15 and a 52-week high of $28.35. The stock has a market cap of $52.38 million, a P/E ratio of 20.77 and a beta of -0.53. The business’s 50 day moving average is $25.63 and its 200 day moving average is $22.41.

M&F Bancorp (OTCMKTS:MFBP) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $5.74 million during the quarter.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.