BNCCORP Inc. (OTCMKTS:BNCC) Sees Large Decline in Short Interest

BNCCORP Inc. (OTCMKTS:BNCC) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 100 shares, a drop of 66.7% from the August 31st total of 300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 0.2 days.

BNCCORP Stock Down 1.6%

OTCMKTS BNCC opened at $30.50 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $108.28 million, a P/E ratio of 12.98 and a beta of 0.43. BNCCORP has a one year low of $25.52 and a one year high of $35.45. The stock has a 50 day moving average price of $30.19 and a 200-day moving average price of $29.50.

BNCCORP (OTCMKTS:BNCC) last posted its earnings results on Wednesday, July 30th. The bank reported $0.62 EPS for the quarter. BNCCORP had a return on equity of 8.30% and a net margin of 15.39%.

BNCCORP Company Profile

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.