Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Down 28.8% in January

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 79,892 shares, a drop of 28.8% from the December 31st total of 112,132 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 60,406 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 60,406 shares, the short-interest ratio is presently 1.3 days. Currently, 0.9% of the shares of the company are short sold.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in CZWI. BNP Paribas Financial Markets boosted its position in shares of Citizens Community Bancorp by 611.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock worth $28,000 after acquiring an additional 1,760 shares in the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Citizens Community Bancorp in the 2nd quarter valued at $30,000. Osaic Holdings Inc. increased its stake in shares of Citizens Community Bancorp by 858.5% in the 2nd quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock valued at $41,000 after purchasing an additional 2,687 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Citizens Community Bancorp by 5,348.0% during the 2nd quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock worth $56,000 after buying an additional 4,011 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of Citizens Community Bancorp during the 2nd quarter worth $63,000. Institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Trading Up 0.8%

NASDAQ CZWI opened at $18.14 on Friday. The company has a market cap of $175.23 million, a price-to-earnings ratio of 12.42 and a beta of 0.65. The company has a 50 day moving average of $17.95 and a 200-day moving average of $16.60. Citizens Community Bancorp has a 1-year low of $12.69 and a 1-year high of $18.99.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, January 26th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.07. The firm had revenue of $15.56 million for the quarter, compared to analyst estimates of $16.30 million. Citizens Community Bancorp had a return on equity of 7.86% and a net margin of 14.60%. On average, equities research analysts forecast that Citizens Community Bancorp will post 1.31 earnings per share for the current year.

Citizens Community Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, February 6th. Citizens Community Bancorp’s dividend payout ratio is presently 24.66%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CZWI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Citizens Community Bancorp in a research note on Wednesday, January 21st. Zacks Research cut Citizens Community Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 2nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.