M&F Bancorp Inc. (OTCMKTS:MFBP) Short Interest Down 77.4% in August

M&F Bancorp Inc. (OTCMKTS:MFBP) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 30 shares, a decrease of 77.4% from the August 15th total of 133 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,140 shares, the short-interest ratio is currently 0.0 days.

M&F Bancorp Stock Performance

Shares of MFBP stock traded down $0.07 during trading on Friday, hitting $48.40. 4,115 shares of the company were exchanged, compared to its average volume of 753. The business’s 50-day simple moving average is $43.82 and its 200 day simple moving average is $31.99. M&F Bancorp has a twelve month low of $18.40 and a twelve month high of $49.40. The firm has a market capitalization of $93.90 million, a price-to-earnings ratio of 45.66 and a beta of -0.58.

M&F Bancorp (OTCMKTS:MFBP) last issued its earnings results on Friday, July 31st. The financial services provider reported $0.18 EPS for the quarter. The firm had revenue of $5.77 million during the quarter.

About M&F Bancorp

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.