Bogota Financial Corp. (NASDAQ:BSBK) Short Interest Update

Bogota Financial Corp. (NASDAQ:BSBK) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 19,800 shares, an increase of 48.9% from the September 30th total of 13,300 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 2.3 days. Currently, 0.5% of the company’s stock are short sold.

Bogota Financial Stock Down 0.5 %

BSBK stock traded down $0.04 during trading hours on Monday, reaching $8.06. 764 shares of the stock were exchanged, compared to its average volume of 6,819. The firm’s 50-day moving average is $7.79 and its 200-day moving average is $7.21. Bogota Financial has a 12 month low of $6.40 and a 12 month high of $8.66. The company has a market cap of $106.84 million, a price-to-earnings ratio of -161.20 and a beta of 0.53. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.03 and a quick ratio of 1.03.

Bogota Financial (NASDAQ:BSBK) last posted its quarterly earnings data on Wednesday, July 31st. The company reported ($0.03) earnings per share (EPS) for the quarter. Bogota Financial had a negative return on equity of 1.52% and a negative net margin of 5.13%. The firm had revenue of $3.05 million for the quarter.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.