Bogota Financial Corp. (NASDAQ:BSBK) Short Interest Update

Bogota Financial Corp. (NASDAQ:BSBK) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 13,500 shares, a decline of 31.8% from the October 15th total of 19,800 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.3% of the shares of the company are short sold.

Bogota Financial Stock Performance

Shares of Bogota Financial stock traded up $0.15 on Friday, reaching $8.20. 554 shares of the stock were exchanged, compared to its average volume of 6,750. Bogota Financial has a twelve month low of $6.40 and a twelve month high of $8.66. The business has a 50 day moving average price of $8.00 and a two-hundred day moving average price of $7.33. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $107.61 million, a price-to-earnings ratio of -49.94 and a beta of 0.53.

About Bogota Financial

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.