Short Interest in Security Federal Corp. (OTCMKTS:SFDL) Drops By 64.8%

Security Federal Corp. (OTCMKTS:SFDL) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 190 shares, a drop of 64.8% from the July 30th total of 540 shares. Based on an average trading volume of 599 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Security Federal Stock Performance

SFDL opened at $43.15 on Friday. The business has a 50 day moving average price of $40.94 and a two-hundred day moving average price of $37.55. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.54 and a quick ratio of 0.54. The company has a market capitalization of $133.46 million, a price-to-earnings ratio of 10.79 and a beta of 0.42. Security Federal has a 1-year low of $30.76 and a 1-year high of $43.85.

About Security Federal

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts. The company provides real estate loans comprising commercial real estate loans secured by non-residential commercial properties, churches, hotels, residential developments, and multi-family dwellings; one-to-four family residential real estate loans; and construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects.