First National Bank Alaska (OTCMKTS:FBAK) Short Interest Down 54.1% in May

First National Bank Alaska (OTCMKTS:FBAK) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 62 shares, a drop of 54.1% from the May 14th total of 135 shares. Based on an average trading volume of 456 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

First National Bank Alaska Stock Up 1.7%

OTCMKTS FBAK traded up $5.24 during trading on Friday, reaching $319.99. 374 shares of the company’s stock were exchanged, compared to its average volume of 261. First National Bank Alaska has a fifty-two week low of $242.00 and a fifty-two week high of $343.00. The firm has a market capitalization of $1.01 billion, a PE ratio of 12.52 and a beta of 0.25. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.03. The company’s fifty day simple moving average is $326.51 and its 200-day simple moving average is $310.39.

First National Bank Alaska (OTCMKTS:FBAK) last announced its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $6.68 EPS for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community?oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC?traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.