Security Federal Co. (OTCMKTS:SFDL) Sees Large Drop in Short Interest

Security Federal Co. (OTCMKTS:SFDL) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Security Federal Stock Down 0.3 %

Shares of SFDL traded down $0.09 during midday trading on Friday, reaching $29.75. 707 shares of the stock were exchanged, compared to its average volume of 2,044. The company has a market capitalization of $95.05 million, a P/E ratio of 10.78 and a beta of 0.47. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.95. Security Federal has a 52 week low of $22.00 and a 52 week high of $30.23. The company’s 50 day moving average is $29.30 and its two-hundred day moving average is $28.02.

Security Federal (OTCMKTS:SFDL) last announced its quarterly earnings results on Friday, January 31st. The bank reported $0.94 earnings per share (EPS) for the quarter. Security Federal had a return on equity of 10.26% and a net margin of 11.20%.

Security Federal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.15 dividend. The ex-dividend date is Monday, March 31st. This is a boost from Security Federal’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a yield of 2.02%. Security Federal’s dividend payout ratio (DPR) is 21.74%.

Security Federal Company Profile

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts.