CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 46,128 shares, a decrease of 14.9% from the February 12th total of 54,204 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 40,598 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 40,598 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded CF Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, CF Bankshares currently has a consensus rating of “Moderate Buy” and an average target price of $29.00.

Institutional Investors Weigh In On CF Bankshares

Large investors have recently made changes to their positions in the stock. Quadrature Capital Ltd increased its holdings in shares of CF Bankshares by 45.3% in the fourth quarter. Quadrature Capital Ltd now owns 31,548 shares of the savings and loans company’s stock valued at $787,000 after purchasing an additional 9,830 shares during the last quarter. Man Group plc acquired a new position in CF Bankshares during the fourth quarter worth $237,000. First Manhattan CO. LLC. boosted its stake in CF Bankshares by 5.6% during the fourth quarter. First Manhattan CO. LLC. now owns 187,022 shares of the savings and loans company’s stock worth $4,666,000 after buying an additional 10,000 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in CF Bankshares by 11.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 35,671 shares of the savings and loans company’s stock valued at $890,000 after buying an additional 3,642 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in CF Bankshares by 62.7% in the 4th quarter. AQR Capital Management LLC now owns 25,892 shares of the savings and loans company’s stock valued at $646,000 after buying an additional 9,980 shares in the last quarter. 41.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Bankshares Stock Down 0.6%

Shares of NASDAQ CFBK opened at $28.55 on Wednesday. The firm has a market cap of $183.58 million, a price-to-earnings ratio of 10.61 and a beta of 0.40. The company’s 50-day simple moving average is $29.74 and its 200-day simple moving average is $26.10. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.63. CF Bankshares has a 52-week low of $19.22 and a 52-week high of $34.33.

CF Bankshares (NASDAQ:CFBK) last issued its quarterly earnings results on Thursday, February 5th. The savings and loans company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.76 by $0.12. CF Bankshares had a return on equity of 9.76% and a net margin of 13.82%.The firm had revenue of $15.75 million during the quarter, compared to analysts’ expectations of $15.94 million.

CF Bankshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Thursday, January 15th were paid a $0.09 dividend. This is a positive change from CF Bankshares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.3%. CF Bankshares’s dividend payout ratio is 13.38%.

CF Bankshares Company Profile

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.