Carver Bancorp, Inc. (NASDAQ:CARV) Short Interest Up 172.6% in November

Carver Bancorp, Inc. (NASDAQ:CARV) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 22,900 shares, a growth of 172.6% from the October 31st total of 8,400 shares. Based on an average daily volume of 22,500 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Carver Bancorp in a research note on Monday. They set a “sell” rating for the company.

Carver Bancorp Stock Up 9.6 %

Shares of NASDAQ:CARV opened at $1.83 on Thursday. The firm has a market cap of $9.35 million, a PE ratio of -2.24 and a beta of 1.11. The company has a fifty day simple moving average of $1.76 and a 200 day simple moving average of $1.78. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39.

About Carver Bancorp

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.