Bogota Financial Corporation (NASDAQ:BSBK) Short Interest Update

Bogota Financial Corporation (NASDAQ:BSBK) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 22,400 shares, adecreaseof25.6% from the July 15th total of 30,100 shares. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 5.2 days. Approximately0.6% of the shares of the stock are short sold. Approximately0.6% of the shares of the stock are short sold. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 5.2 days.

Bogota Financial Stock Down 1.6%

Shares of NASDAQ BSBK opened at $9.04 on Friday. The firm has a market capitalization of $117.61 million, a PE ratio of -904,000.00 and a beta of 0.17. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.77. Bogota Financial has a 1 year low of $6.59 and a 1 year high of $9.28. The firm’s 50-day moving average is $8.15 and its 200-day moving average is $7.64.

Bogota Financial (NASDAQ:BSBK) last issued its earnings results on Thursday, July 31st. The company reported $0.02 earnings per share (EPS) for the quarter. Bogota Financial had a negative net margin of 0.27% and a negative return on equity of 0.09%.

Institutional Trading of Bogota Financial

An institutional investor recently raised its position in Bogota Financial stock. Northern Trust Corp lifted its position in Bogota Financial Corporation (NASDAQ:BSBK) by 63.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,708 shares of the company’s stock after acquiring an additional 9,963 shares during the period. Northern Trust Corp owned approximately 0.20% of Bogota Financial worth $193,000 at the end of the most recent quarter. 11.63% of the stock is currently owned by hedge funds and other institutional investors.

Bogota Financial Company Profile

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.