IF Bancorp Inc (NASDAQ:IROQ) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 4,500 shares, a drop of 26.2% from the June 30th total of 6,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is currently 1.4 days.
Separately, ValuEngine cut IF Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, August 8th.
Shares of IF Bancorp stock traded up $0.30 during trading on Tuesday, reaching $21.60. The company’s stock had a trading volume of 2 shares, compared to its average volume of 2,713. The firm has a market capitalization of $75.56 million, a PE ratio of 24.66 and a beta of 0.38. IF Bancorp has a one year low of $18.70 and a one year high of $25.00. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50-day moving average of $21.14.
IF Bancorp Company Profile
IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial solutions to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.
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