M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Update

M&F Bancorp Inc. (OTCMKTS:MFBP) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 141 shares, a decline of 51.2% from the May 31st total of 289 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,315 shares, the days-to-cover ratio is presently 0.1 days.

M&F Bancorp Price Performance

MFBP stock remained flat at $30.98 during mid-day trading on Thursday. 2 shares of the company’s stock traded hands, compared to its average volume of 305. The stock’s 50 day moving average is $26.97 and its two-hundred day moving average is $23.42. M&F Bancorp has a 52-week low of $18.40 and a 52-week high of $31.93. The stock has a market capitalization of $60.01 million, a price-to-earnings ratio of 23.83 and a beta of -0.53.

M&F Bancorp (OTCMKTS:MFBP) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $0.24 EPS for the quarter. The company had revenue of $5.74 million during the quarter.

About M&F Bancorp

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.