Short Interest in M&F Bancorp Inc. (OTCMKTS:MFBP) Drops By 68.4%

M&F Bancorp Inc. (OTCMKTS:MFBP) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 89 shares, a drop of 68.4% from the April 30th total of 282 shares. Based on an average trading volume of 4,881 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

M&F Bancorp Stock Up 1.6%

Shares of M&F Bancorp stock traded up $0.45 during trading on Friday, hitting $27.90. 100 shares of the stock traded hands, compared to its average volume of 1,630. The stock has a market cap of $54.13 million, a price-to-earnings ratio of 21.46 and a beta of -0.55. The firm’s fifty day moving average is $24.97 and its 200-day moving average is $21.87. M&F Bancorp has a 52 week low of $18.00 and a 52 week high of $27.90.

M&F Bancorp (OTCMKTS:MFBP) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.24 EPS for the quarter. The firm had revenue of $5.74 million for the quarter.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.