Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Grows By 5.6%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 13,300 shares, a growth of 5.6% from the November 30th total of 12,600 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 21,600 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Citizens Community Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the company. Fourthstone LLC purchased a new position in shares of Citizens Community Bancorp during the 3rd quarter valued at $1,520,000. Acadian Asset Management LLC grew its position in Citizens Community Bancorp by 25.0% during the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after buying an additional 9,615 shares in the last quarter. Barclays PLC bought a new position in Citizens Community Bancorp in the 3rd quarter worth about $48,000. Dimensional Fund Advisors LP increased its stake in Citizens Community Bancorp by 1.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after acquiring an additional 2,986 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after acquiring an additional 2,948 shares in the last quarter. 55.11% of the stock is currently owned by hedge funds and other institutional investors.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI opened at $16.29 on Friday. The business’s fifty day moving average is $15.74 and its 200 day moving average is $13.88. The firm has a market cap of $163.45 million, a price-to-earnings ratio of 11.55 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. Citizens Community Bancorp has a 52-week low of $10.14 and a 52-week high of $17.04.

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

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th.

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.