CF Bankshares Inc. (NASDAQ:CFBK) Short Interest Update

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totalling 1,900 shares, a drop of 13.6% from the July 15th total of 2,200 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of CF Bankshares

Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its holdings in shares of CF Bankshares by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after purchasing an additional 2,172 shares in the last quarter. Kennedy Capital Management LLC bought a new stake in shares of CF Bankshares in the first quarter valued at approximately $619,000. Finally, AJOVista LLC acquired a new stake in shares of CF Bankshares in the fourth quarter worth $25,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Stock Up 0.2 %

Shares of CFBK traded up $0.04 during midday trading on Friday, reaching $21.66. 1,745 shares of the stock were exchanged, compared to its average volume of 4,430. The company has a market cap of $111.01 million, a price-to-earnings ratio of 9.03 and a beta of 0.57. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.80. CF Bankshares has a 12-month low of $14.69 and a 12-month high of $22.00. The firm has a 50 day simple moving average of $20.07 and a 200-day simple moving average of $20.00.

CF Bankshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Thursday, July 11th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, July 11th. CF Bankshares’s payout ratio is presently 10.00%.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.