Short Interest in Southern Banc Co. (OTCMKTS:SRNN) Expands By ∞

Southern Banc Co. (OTCMKTS:SRNN) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 69 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily volume of 131 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Southern Banc Stock Performance

Shares of SRNN opened at $11.60 on Friday. Southern Banc has a 1 year low of $9.71 and a 1 year high of $12.60. The stock has a market capitalization of $9.40 million, a PE ratio of 8.29 and a beta of -0.08. The stock has a 50-day simple moving average of $11.63 and a 200-day simple moving average of $10.83.

Southern Banc (OTCMKTS:SRNN) last released its earnings results on Thursday, May 14th. The company reported $0.48 earnings per share for the quarter. The firm had revenue of $2.53 million for the quarter. Southern Banc had a net margin of 8.42% and a return on equity of 6.27%.

About Southern Banc

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.