Rhinebeck Bancorp, Inc. (NASDAQ:RBKB – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 8,400 shares, a decline of 33.9% from the February 13th total of 12,700 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 1.4 days.
Rhinebeck Bancorp Price Performance
RBKB stock traded down $0.25 during trading on Monday, reaching $10.19. 461 shares of the company were exchanged, compared to its average volume of 6,174. The company has a market cap of $113.03 million, a P/E ratio of -12.59 and a beta of 0.74. Rhinebeck Bancorp has a 52-week low of $7.30 and a 52-week high of $10.49. The stock’s 50 day moving average price is $10.01 and its 200 day moving average price is $9.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.94 and a current ratio of 0.94.
Rhinebeck Bancorp (NASDAQ:RBKB – Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.05 earnings per share (EPS) for the quarter. Rhinebeck Bancorp had a negative net margin of 15.89% and a positive return on equity of 3.44%.
Hedge Funds Weigh In On Rhinebeck Bancorp
About Rhinebeck Bancorp
Rhinebeck Bancorp, Inc operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits, including non-interest-bearing demand, interest bearing demand, money market, commercial and personal checking, individual retirement, and saving accounts, as well as certificates of deposit.
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