BNCCORP, Inc. (OTCMKTS:BNCC) Sees Significant Increase in Short Interest

BNCCORP, Inc. (OTCMKTS:BNCC) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, a growth of 250.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.2 days.

BNCCORP Trading Up 2.5 %

Shares of BNCCORP stock traded up $0.85 during midday trading on Friday, reaching $35.45. 3,718 shares of the company’s stock traded hands, compared to its average volume of 2,897. The stock has a 50 day moving average of $30.32 and a 200-day moving average of $26.93. BNCCORP has a 12 month low of $20.10 and a 12 month high of $35.45. The company has a market cap of $125.60 million, a PE ratio of 16.04 and a beta of 0.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.93 and a current ratio of 0.93.

BNCCORP (OTCMKTS:BNCC) last issued its quarterly earnings data 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 quarter last year, the company posted $0.42 earnings per share.

BNCCORP Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th will be issued a $4.00 dividend. The ex-dividend date is Monday, December 30th. This is a positive change from BNCCORP’s previous dividend of $2.25.

BNCCORP Company Profile

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.