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

IF Bancorp, Inc. (NASDAQ:IROQ) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 2,608 shares, a drop of 39.8% from the January 15th total of 4,335 shares. Based on an average daily volume of 16,533 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 16,533 shares, the short-interest ratio is currently 0.2 days.

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, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

IF Bancorp Price Performance

IROQ traded down $0.30 on Friday, reaching $27.72. The stock had a trading volume of 1,569 shares, compared to its average volume of 15,899. The company has a market capitalization of $92.86 million, a price-to-earnings ratio of 17.33 and a beta of 0.18. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average of $26.98 and a 200-day moving average of $26.06. IF Bancorp has a fifty-two week low of $23.00 and a fifty-two week high of $29.00.

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

Institutional Investors Weigh In On IF Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of IROQ. JBF Capital Inc. acquired a new stake in shares of IF Bancorp in the 4th quarter valued at about $324,000. Chicago Capital Management LLC bought a new stake in shares of IF Bancorp during the fourth quarter valued at approximately $1,016,000. Vanguard Group Inc. increased its holdings in shares of IF Bancorp by 1.4% during the third quarter. Vanguard Group Inc. now owns 74,830 shares of the savings and loans company’s stock valued at $1,932,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of 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 worth $3,016,000 after purchasing an additional 30,372 shares during the period. 44.11% of the stock is owned by institutional investors.

IF Bancorp Company Profile

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.