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

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 10,500 shares, an increase of 19.3% from the February 28th total of 8,800 shares. Based on an average trading volume of 19,300 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On CF Bankshares

Hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC purchased a new position in shares of CF Bankshares during the fourth quarter valued at approximately $395,000. Citadel Advisors LLC purchased a new position in shares of CF Bankshares during the 4th quarter worth $251,000. 683 Capital Management LLC acquired a new stake in shares of CF Bankshares during the fourth quarter worth $340,000. Rhino Investment Partners Inc acquired a new stake in shares of CF Bankshares during the fourth quarter worth $5,557,000. Finally, Northern Trust Corp purchased a new stake in shares of CF Bankshares in the fourth quarter valued at $486,000. 41.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Bankshares Price Performance

CFBK traded down $0.19 during midday trading on Wednesday, reaching $21.70. 1,549 shares of the company’s stock were exchanged, compared to its average volume of 15,744. CF Bankshares has a 1-year low of $16.92 and a 1-year high of $31.17. The stock has a market capitalization of $111.47 million, a PE ratio of 10.53 and a beta of 0.59. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. The business’s 50-day moving average price is $23.44 and its 200 day moving average price is $24.37.

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

CF Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were issued a $0.07 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a yield of 1.29%. CF Bankshares’s dividend payout ratio (DPR) is 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.