Solera National Bancorp Inc. (OTCMKTS:SLRK) Short Interest Up 517.6% in May

Solera National Bancorp Inc. (OTCMKTS:SLRK) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 2,625 shares, a growth of 517.6% from the April 30th total of 425 shares. Based on an average daily trading volume, of 2,473 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.1% of the company’s stock are short sold.

Solera National Bancorp Price Performance

Shares of OTCMKTS:SLRK opened at $19.90 on Thursday. The company’s 50-day moving average price is $18.57 and its two-hundred day moving average price is $16.56. Solera National Bancorp has a one year low of $8.45 and a one year high of $20.95. The stock has a market capitalization of $85.57 million, a PE ratio of 3.42 and a beta of 0.31.

Solera National Bancorp (OTCMKTS:SLRK) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $1.55 EPS for the quarter. The business had revenue of $17.66 million for the quarter.

Solera National Bancorp Company Profile

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. It also provides online banking, account analysis, combined account analysis, commercial sweep, remote deposit, ACH origination, payroll direct deposit, merchant, business debit card, and cash management services.