IF Bancorp, Inc. (NASDAQ:IROQ) Short Interest Update

IF Bancorp, Inc. (NASDAQ:IROQ) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 4,335 shares, a decrease of 19.2% from the December 31st total of 5,363 shares. Based on an average daily trading volume, of 9,934 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,934 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of IF Bancorp

A number of large investors have recently added to or reduced their stakes in IROQ. Chicago Capital Management LLC purchased a new stake in shares of IF Bancorp during the 4th quarter worth approximately $1,016,000. Vanguard Group Inc. increased its position in IF Bancorp by 1.4% in the third quarter. Vanguard Group Inc. now owns 74,830 shares of the savings and loans company’s stock worth $1,932,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in IF Bancorp by 35.2% during the third quarter. Alliancebernstein L.P. now owns 116,571 shares of the savings and loans company’s stock valued at $3,016,000 after purchasing an additional 30,372 shares in the last quarter. Institutional investors own 44.11% of the company’s stock.

IF Bancorp Price Performance

NASDAQ IROQ traded up $0.07 on Tuesday, reaching $27.28. The company had a trading volume of 2,381 shares, compared to its average volume of 16,018. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $91.37 million, a PE ratio of 17.05 and a beta of 0.18. The firm’s 50 day moving average price is $26.76 and its 200 day moving average price is $25.93. IF Bancorp has a 12 month low of $23.00 and a 12 month high of $27.93.

IF Bancorp (NASDAQ:IROQ) last released its quarterly earnings data on Friday, January 30th. The savings and loans company reported $0.41 EPS for the quarter. IF Bancorp had a net margin of 10.80% and a return on equity of 6.33%. The business had revenue of $7.33 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of IF Bancorp in a research note on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans.