Short Interest in Oxford Bank Corp. (OTCMKTS:OXBC) Increases By 90.1%

Oxford Bank Corp. (OTCMKTS:OXBC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 365 shares, an increase of 90.1% from the August 15th total of 192 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 573 shares, the days-to-cover ratio is presently 0.6 days.

Oxford Bank Price Performance

OTCMKTS OXBC remained flat at $45.15 during midday trading on Thursday. Oxford Bank has a fifty-two week low of $35.80 and a fifty-two week high of $45.15. The company has a fifty day moving average of $44.69 and a 200 day moving average of $43.31. The stock has a market cap of $111.97 million, a price-to-earnings ratio of 11.64 and a beta of 0.08.

Oxford Bank (OTCMKTS:OXBC) last issued its quarterly earnings data on Monday, August 3rd. The company reported $1.09 earnings per share for the quarter. The company had revenue of $13.51 million for the quarter.

Oxford Bank Company Profile

Oxford Bank Corporation is the bank holding company for Oxford Bank, a community bank headquartered in Oxford, Michigan. The bank serves individuals, families, businesses and nonprofit organizations in southeastern Michigan, with a focus on Oakland County and surrounding communities.

Oxford Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer lending, residential mortgage lending and commercial loans. It also offers business banking services, treasury management and other deposit and credit solutions designed to support local businesses and organizations.

Established in 1884, Oxford Bank has a long history of serving Michigan communities.