OptimumBank Holdings, Inc. (NASDAQ:OPHC) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 10,900 shares, a growth of 678.6% from the December 15th total of 1,400 shares. Based on an average daily trading volume, of 24,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short.
OPHC stock opened at $4.22 on Friday. The firm has a market capitalization of $19.96 million, a P/E ratio of 7.28 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.54. OptimumBank has a 12 month low of $3.02 and a 12 month high of $7.27. The firm has a 50 day moving average of $4.47 and a 200-day moving average of $4.93.
OptimumBank (NASDAQ:OPHC) last posted its earnings results on Tuesday, November 9th. The bank reported $0.21 earnings per share (EPS) for the quarter. OptimumBank had a net margin of 20.65% and a return on equity of 8.19%. The business had revenue of $3.19 million for the quarter.
Separately, TheStreet upgraded shares of OptimumBank from a “d+” rating to a “c-” rating in a research report on Friday, October 15th.
OptimumBank Holdings, Inc is a bank holding company for OptimumBank, which offers a variety of community banking services to individual and corporate customers through OptimumBank. Its services include savings, deposits, checking, cash management services, business checking, online banking, and ATM networks.
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