Oxford Bank Corp. (OTCMKTS:OXBC) Shares Shorted: Short Interest Down 88.0% in October

Oxford Bank Corp. (OTCMKTS:OXBC) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 100 shares, a decrease of 88.0% from the October 15th total of 834 shares. Based on an average daily trading volume, of 1,067 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Oxford Bank Trading Up 1.0%

OXBC stock traded up $0.50 during mid-day trading on Friday, reaching $51.90. The company’s stock had a trading volume of 10,200 shares, compared to its average volume of 884. The company has a market cap of $129.33 million, a price-to-earnings ratio of 12.48 and a beta of 0.03. The business’s 50 day moving average price is $46.96 and its 200 day moving average price is $44.01. Oxford Bank has a 12 month low of $40.40 and a 12 month high of $51.90.

Oxford Bank (OTCMKTS:OXBC) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.52 earnings per share (EPS) for the quarter. The firm had revenue of $16.19 million during the quarter.

About Oxford Bank

Oxford Bank Corporation is the bank holding company for Oxford Bank, a community bank headquartered in Oxford, Michigan. The bank traces its history to 1884 and serves individuals, families and businesses in its Michigan market. Its services include personal and business deposit accounts, online and mobile banking, and lending. Loan offerings include consumer, commercial and mortgage financing.