BNCCORP, Inc. (OTCMKTS:BNCC) Short Interest Up 14.3% in December

BNCCORP, Inc. (OTCMKTS:BNCC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 800 shares, an increase of 14.3% from the December 15th total of 700 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 0.2 days.

BNCCORP Price Performance

Shares of OTCMKTS BNCC opened at $32.88 on Friday. BNCCORP has a twelve month low of $20.10 and a twelve month high of $35.45. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of $31.73 and a two-hundred day moving average of $27.79. The company has a market capitalization of $116.40 million, a price-to-earnings ratio of 14.88 and a beta of 0.84.

BNCCORP (OTCMKTS:BNCC) last released its earnings results on Friday, November 1st. The bank reported $0.59 EPS for the quarter. The business had revenue of $13.06 million during the quarter. BNCCORP had a net margin of 15.03% and a return on equity of 7.47%. During the same period in the prior year, the company earned $0.42 earnings per share.

BNCCORP Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were issued a $4.00 dividend. This is a boost from BNCCORP’s previous dividend of $2.25. The ex-dividend date of this dividend was Monday, December 30th.

About BNCCORP

BNCCORP, Inc operates as the bank holding company for BNC National Bank that provides community banking, retail and mortgage banking, and wealth management services to businesses and consumers. The company offers commercial banking services, including business financing, commercial real estate lending, small business administration loans, business checking, cash management, corporate credit cards, and merchant services to small to middle-market businesses.