Short Interest in Solera National Bancorp, Inc. (OTCMKTS:SLRK) Rises By 800.0%

Solera National Bancorp, Inc. (OTCMKTS:SLRK) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 900 shares, an increase of 800.0% from the July 15th total of 100 shares. Based on an average trading volume of 11,500 shares, the days-to-cover ratio is currently 0.1 days.

Solera National Bancorp Stock Performance

SLRK stock traded up $0.20 during midday trading on Monday, reaching $9.40. 500 shares of the company were exchanged, compared to its average volume of 6,254. The stock’s 50-day simple moving average is $9.11 and its 200 day simple moving average is $9.54. The company has a market cap of $40.42 million, a price-to-earnings ratio of 2.71 and a beta of 0.51. Solera National Bancorp has a 1-year low of $8.30 and a 1-year high of $12.10.

Solera National Bancorp (OTCMKTS:SLRK) last released its quarterly earnings data on Monday, July 22nd. The financial services provider reported $0.98 earnings per share (EPS) for the quarter. The company had revenue of $10.35 million during the quarter.

About Solera National Bancorp

Solera National Bancorp, Inc operates as the bank holding company for Solera National Bank that provides commercial and consumer banking services in the United States. The company offers checking and savings accounts, money market accounts, time and demand deposits, and individual retirement accounts (IRA), as well as certificates of deposit; and real estate secured loans, construction loans, small business administration loans, business lines of credit, and equipment financing.