IF Bancorp, Inc. (NASDAQ:IROQ) Short Interest Update

IF Bancorp, Inc. (NASDAQ:IROQ) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 3,553 shares, a growth of 50.0% from the November 30th total of 2,369 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,418 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily volume of 1,418 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in IF Bancorp stock. Vanguard Group Inc. lifted its position in IF Bancorp, Inc. (NASDAQ:IROQ) by 1.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,830 shares of the savings and loans company’s stock after purchasing an additional 1,000 shares during the quarter. Vanguard Group Inc. owned 2.23% of IF Bancorp worth $1,932,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 44.11% of the company’s stock.

IF Bancorp Price Performance

NASDAQ IROQ traded down $0.37 during trading hours on Monday, hitting $26.57. The company had a trading volume of 733 shares, compared to its average volume of 2,728. The firm has a 50 day simple moving average of $26.10 and a 200 day simple moving average of $25.47. The firm has a market capitalization of $88.99 million, a price-to-earnings ratio of 16.92 and a beta of 0.21. IF Bancorp has a 52 week low of $22.84 and a 52 week high of $27.01. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 0.90.

IF Bancorp (NASDAQ:IROQ) last posted its earnings results on Wednesday, November 12th. The savings and loans company reported $0.43 earnings per share for the quarter. The business had revenue of $7.33 million for the quarter. IF Bancorp had a net margin of 10.49% and a return on equity of 6.30%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of IF Bancorp in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, IF Bancorp presently has a consensus rating of “Hold”.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans.