Short Interest in CF Bankshares Inc. (NASDAQ:CFBK) Drops By 22.8%

CF Bankshares Inc. (NASDAQ:CFBK) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 8,800 shares, a decrease of 22.8% from the February 13th total of 11,400 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

CF Bankshares Stock Performance

NASDAQ CFBK traded up $0.35 on Wednesday, hitting $22.45. 205 shares of the stock traded hands, compared to its average volume of 11,509. The business’s fifty day moving average is $23.50 and its two-hundred day moving average is $24.34. CF Bankshares has a 12 month low of $16.92 and a 12 month high of $31.17. The firm has a market capitalization of $115.10 million, a price-to-earnings ratio of 10.90 and a beta of 0.59. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.25%. CF Bankshares’s dividend payout ratio is currently 13.59%.

Institutional Investors Weigh In On CF Bankshares

Several institutional investors have recently made changes to their positions in the stock. Salzhauer Michael lifted its position in shares of CF Bankshares by 4.6% during the fourth quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock worth $684,000 after acquiring an additional 1,189 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of CF Bankshares by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company’s stock worth $991,000 after acquiring an additional 1,448 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of CF Bankshares by 11.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company’s stock worth $733,000 after acquiring an additional 2,961 shares in the last quarter. De Lisle Partners LLP raised its position in shares of CF Bankshares by 10.4% in the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock worth $1,120,000 after buying an additional 4,843 shares in the last quarter. Finally, Kennedy Capital Management LLC raised its position in shares of CF Bankshares by 17.0% in the fourth quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company’s stock worth $1,111,000 after buying an additional 6,309 shares in the last quarter. Hedge funds and other institutional investors own 41.06% of the company’s stock.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.