CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 8,800 shares, a drop of 22.8% from the February 13th total of 11,400 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 20,500 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CFBK. De Lisle Partners LLP lifted its holdings in CF Bankshares by 10.4% in the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock worth $1,120,000 after purchasing an additional 4,843 shares during the period. Geode Capital Management LLC raised its position in shares of CF Bankshares by 72.3% during the 3rd quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock worth $808,000 after buying an additional 15,658 shares in the last quarter. Aspiring Ventures LLC acquired a new stake in shares of CF Bankshares in the 4th quarter worth approximately $469,000. Salzhauer Michael boosted its holdings in shares of CF Bankshares by 4.6% in the fourth quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock valued at $684,000 after acquiring an additional 1,189 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new position in shares of CF Bankshares during the fourth quarter valued at approximately $219,000. Institutional investors own 41.06% of the company’s stock.

CF Bankshares Stock Performance

Shares of CFBK traded down $0.00 during midday trading on Tuesday, hitting $22.15. 3,373 shares of the stock traded hands, compared to its average volume of 11,408. The business’s 50 day moving average price is $23.53 and its two-hundred day moving average price is $24.34. The firm has a market capitalization of $113.54 million, a PE ratio of 10.75 and a beta of 0.59. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. CF Bankshares has a 1-year low of $16.92 and a 1-year high of $31.17.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s payout ratio is currently 13.59%.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.