Oxford Bank Corp. (OTCMKTS:OXBC) Stock Short Interest Climbs 285.7%

Oxford Bank Corp. (OTCMKTS:OXBC) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 594 shares, a growth of 285.7% from the September 15th total of 154 shares. Based on an average trading volume of 543 shares, the short-interest ratio is presently 1.1 days. Approximately 0.0% of the shares of the company are short sold.

Oxford Bank Stock Performance

OTCMKTS OXBC traded up $0.01 during trading on Friday, hitting $46.00. 420 shares of the company’s stock traded hands, compared to its average volume of 250. The stock has a market capitalization of $114.54 million, a price-to-earnings ratio of 11.86 and a beta of 0.08. Oxford Bank has a 12-month low of $39.00 and a 12-month high of $46.00. The business has a 50 day moving average of $45.04 and a 200-day moving average of $43.71.

Oxford Bank (OTCMKTS:OXBC) last posted its earnings results on Monday, August 3rd. The company reported $1.09 earnings per share for the quarter. The business had revenue of $13.51 million during the quarter.

About Oxford Bank

Oxford Bank Corporation is the bank holding company for Oxford Bank, a community-focused financial institution headquartered in Oxford, Michigan. Founded in 1884, the bank serves individuals, families, businesses and organizations in southeast Michigan.

Oxford Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgage lending and commercial real estate and business loans. The bank also offers business banking solutions such as treasury management, cash-management services and commercial deposit accounts.

Through its branches and digital banking capabilities, Oxford Bank provides customers with access to deposit accounts, online and mobile banking, electronic payments and other financial services.