Solera National Bancorp Inc. (OTCMKTS:SLRK) Short Interest Up 60.9% in August

Solera National Bancorp Inc. (OTCMKTS:SLRK) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,957 shares, a growth of 60.9% from the July 30th total of 1,216 shares. Based on an average daily volume of 3,654 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Solera National Bancorp Stock Performance

Shares of OTCMKTS:SLRK opened at $20.00 on Tuesday. Solera National Bancorp has a 1 year low of $9.14 and a 1 year high of $20.95. The stock has a 50-day simple moving average of $20.00 and a 200-day simple moving average of $19.16. The stock has a market capitalization of $86 million, a P/E ratio of 3.34 and a beta of 0.33.

Solera National Bancorp (OTCMKTS:SLRK) last announced its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $1.54 earnings per share for the quarter. The business had revenue of $15.91 million for the quarter.

About Solera National Bancorp

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.