Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Grows By 127.1%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 30,200 shares, a growth of 127.1% from the December 15th total of 13,300 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 23,800 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Citizens Community Bancorp

Hedge funds have recently bought and sold shares of the stock. Fourthstone LLC bought a new position in shares of Citizens Community Bancorp during the third quarter worth approximately $1,520,000. Ritholtz Wealth Management acquired a new position in Citizens Community Bancorp in the 4th quarter valued at $240,000. Acadian Asset Management LLC lifted its position in shares of Citizens Community Bancorp by 25.0% during the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after acquiring an additional 9,615 shares during the period. Barclays PLC acquired a new stake in shares of Citizens Community Bancorp during the 3rd quarter worth $48,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares in the last quarter. 55.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Citizens Community Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday.

Citizens Community Bancorp Stock Down 0.5 %

Shares of NASDAQ CZWI traded down $0.08 during midday trading on Thursday, reaching $15.86. The company’s stock had a trading volume of 16,776 shares, compared to its average volume of 22,144. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. The stock has a 50 day simple moving average of $16.04 and a 200-day simple moving average of $14.17. The stock has a market capitalization of $159.07 million, a price-to-earnings ratio of 11.27 and a beta of 1.08. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The firm had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. Equities research analysts predict that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.