Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Up 127.1% in December

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 30,200 shares, a growth of 127.1% from the December 15th total of 13,300 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CZWI. Dimensional Fund Advisors LP boosted its position in Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares during the period. Fourthstone LLC acquired a new position in Citizens Community Bancorp in the 3rd quarter valued at $1,520,000. Geode Capital Management LLC raised its holdings in Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after acquiring an additional 1,732 shares during the period. Empowered Funds LLC lifted its position in Citizens Community Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after acquiring an additional 2,948 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in Citizens Community Bancorp by 25.0% during the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after acquiring an additional 9,615 shares during the period. Institutional investors and hedge funds own 55.11% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th.

Citizens Community Bancorp Stock Up 0.8 %

NASDAQ CZWI traded up $0.13 during trading on Tuesday, reaching $15.50. The company’s stock had a trading volume of 20,724 shares, compared to its average volume of 21,503. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $155.47 million, a PE ratio of 10.99 and a beta of 1.08. Citizens Community Bancorp has a 1-year low of $10.14 and a 1-year high of $17.04. The business has a 50-day moving average price of $15.98 and a 200-day moving average price of $14.13.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. On average, research analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.