First National Bank Alaska (OTCMKTS:FBAK) Short Interest Down 54.1% in May

First National Bank Alaska (OTCMKTS:FBAK) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 62 shares, a decline of 54.1% from the May 14th total of 135 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 456 shares, the days-to-cover ratio is currently 0.1 days.

First National Bank Alaska Stock Up 1.7%

Shares of First National Bank Alaska stock traded up $5.24 during trading on Friday, hitting $319.99. 374 shares of the stock traded hands, compared to its average volume of 261. The stock has a market cap of $1.01 billion, a P/E ratio of 12.52 and a beta of 0.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.67. First National Bank Alaska has a twelve month low of $242.00 and a twelve month high of $343.00. The company has a fifty day moving average price of $326.51 and a two-hundred day moving average price of $310.39.

First National Bank Alaska (OTCMKTS:FBAK) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $6.68 earnings per share (EPS) for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community‐oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC‐traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.