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

M&F Bancorp Inc. (OTCMKTS:MFBP) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 133 shares, a growth of 72.7% from the July 30th total of 77 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 0.0 days.

M&F Bancorp Price Performance

Shares of OTCMKTS:MFBP remained flat at $48.50 during midday trading on Monday. The stock had a trading volume of 541 shares, compared to its average volume of 2,029. The firm has a market cap of $94.09 million, a PE ratio of 45.76 and a beta of -0.59. The business’s 50 day simple moving average is $40.08 and its 200-day simple moving average is $30.14. M&F Bancorp has a 52 week low of $18.40 and a 52 week high of $49.40.

M&F Bancorp (OTCMKTS:MFBP) last issued its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $5.77 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.