Madison County Financial Inc. (OTCMKTS:MCBK) Stock Short Interest Falls 61.1%

Madison County Financial Inc. (OTCMKTS:MCBK) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 63 shares, a decline of 61.1% from the August 31st total of 162 shares. Based on an average daily volume of 757 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Madison County Financial Stock Performance

MCBK remained flat at $33.40 during trading on Tuesday. 1,842 shares of the company traded hands, compared to its average volume of 1,192. Madison County Financial has a 1 year low of $25.01 and a 1 year high of $34.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a fifty day moving average of $33.02 and a 200-day moving average of $31.72.

About Madison County Financial

Madison County Financial Corporation is a bank holding company for Madison County Bank, a community banking institution headquartered in Winterset, Iowa. Through its banking subsidiary, the company provides financial services to individuals, families, farmers and businesses in Madison County and surrounding communities in central Iowa.

Madison County Bank offers deposit products such as checking and savings accounts, certificates of deposit and other cash-management services. Its lending activities include agricultural, commercial, residential real estate, home equity and consumer loans.