Logansport Financial Corp. (OTCMKTS:LOGN) Sees Significant Growth in Short Interest

Logansport Financial Corp. (OTCMKTS:LOGN) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 17,500 shares, a growth of ? from the May 31st total of 0 shares. Based on an average daily trading volume, of 491 shares, the short-interest ratio is currently 35.6 days. Approximately 3.4% of the company’s shares are sold short.

Logansport Financial Stock Up 2.6%

LOGN stock opened at $33.00 on Wednesday. The firm has a market cap of $20.46 million, a price-to-earnings ratio of 17.74 and a beta of 0.18. The company’s fifty day simple moving average is $32.30 and its 200 day simple moving average is $32.21. Logansport Financial has a 12-month low of $29.02 and a 12-month high of $33.98.

Logansport Financial (OTCMKTS:LOGN) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $0.88 earnings per share for the quarter. The business had revenue of $2.38 million for the quarter.

Logansport Financial Company Profile

Logansport Financial Corporation (OTCMKTS:LOGN) is the bank holding company for Logansport State Bank, a community bank headquartered in Logansport, Indiana. The company provides a broad suite of commercial and consumer banking services through its subsidiary, focusing on relationship-based banking tailored to the needs of individuals, families and small- to medium-sized businesses in north-central Indiana.

Logansport State Bank’s product offerings include checking and savings accounts, time deposits, consumer and commercial lending, mortgage financing, and cash management solutions.