Citizens Holding (NASDAQ:CIZN) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,400 shares, a decline of 17.6% from the July 31st total of 1,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is presently 0.7 days.
Shares of Citizens stock traded down $0.39 on Friday, reaching $19.65. The stock had a trading volume of 205 shares, compared to its average volume of 1,115. The company has a 50 day moving average price of $20.50 and a 200 day moving average price of $21.05. Citizens has a 1 year low of $19.08 and a 1 year high of $24.00. The stock has a market capitalization of $98.09 million, a P/E ratio of 16.78 and a beta of -0.13.
Citizens (NASDAQ:CIZN) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.28 earnings per share (EPS) for the quarter. Citizens had a net margin of 13.98% and a return on equity of 6.63%. The firm had revenue of $8.28 million for the quarter.
A hedge fund recently raised its stake in Citizens stock. BlackRock Inc. lifted its position in Citizens Holding (NASDAQ:CIZN) by 12.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,922 shares of the bank’s stock after buying an additional 634 shares during the period. BlackRock Inc. owned approximately 0.12% of Citizens worth $122,000 as of its most recent SEC filing. Institutional investors and hedge funds own 6.94% of the company’s stock.
Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; installment loans; credit card loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.
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