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

CF Bankshares Inc. (NASDAQ:CFBK) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, an increase of 16.7% from the March 15th total of 3,000 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

CF Bankshares Stock Down 0.1 %

Shares of NASDAQ:CFBK traded down $0.02 during trading on Tuesday, hitting $18.64. The stock had a trading volume of 1,267 shares, compared to its average volume of 6,385. CF Bankshares has a 12 month low of $14.69 and a 12 month high of $22.00. The company has a market capitalization of $94.69 million, a PE ratio of 7.14 and a beta of 0.52. The firm’s fifty day moving average is $20.57 and its 200 day moving average is $18.79. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.80.

CF Bankshares (NASDAQ:CFBK) last announced its earnings results on Wednesday, February 7th. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 11.34% and a net margin of 15.08%. The firm had revenue of $12.79 million during the quarter.

CF Bankshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, April 18th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, April 17th. CF Bankshares’s dividend payout ratio is currently 9.20%.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded CF Bankshares from a “c+” rating to a “b-” rating in a report on Tuesday, January 30th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CFBK. Ancora Advisors LLC raised its position in shares of CF Bankshares by 15.1% in the 1st quarter. Ancora Advisors LLC now owns 252,105 shares of the savings and loans company’s stock worth $5,032,000 after acquiring an additional 33,015 shares in the last quarter. First Manhattan Co. increased its position in CF Bankshares by 92.4% during the 1st quarter. First Manhattan Co. now owns 173,519 shares of the savings and loans company’s stock valued at $3,869,000 after buying an additional 83,333 shares in the last quarter. UBS Group AG bought a new position in CF Bankshares during the 3rd quarter valued at approximately $27,000. Dimensional Fund Advisors LP increased its position in CF Bankshares by 9.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 17,748 shares of the savings and loans company’s stock valued at $366,000 after buying an additional 1,581 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in CF Bankshares by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 144,569 shares of the savings and loans company’s stock valued at $2,981,000 after buying an additional 5,148 shares in the last quarter. Institutional investors own 41.06% of the company’s stock.

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 also 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.