Sturgis Bancorp Inc. (OTCMKTS:STBI) Short Interest Update

Sturgis Bancorp Inc. (OTCMKTS:STBI) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 244 shares, an increase of ? from the May 14th total of 0 shares. Based on an average daily volume of 2,513 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Sturgis Bancorp Price Performance

Shares of STBI stock opened at $25.99 on Tuesday. Sturgis Bancorp has a 1 year low of $18.10 and a 1 year high of $26.55. The stock’s 50 day simple moving average is $24.89 and its two-hundred day simple moving average is $23.09. The company has a market cap of $56.40 million, a PE ratio of 7.10 and a beta of 0.17.

Sturgis Bancorp (OTCMKTS:STBI) last issued its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $10.96 million for the quarter.

About Sturgis Bancorp

Sturgis Bancorp, Inc is the bank holding company for Sturgis Bank & Trust, a community-oriented financial institution headquartered in Sturgis, Michigan. Through its wholly owned subsidiary, the company offers a full suite of banking services tailored to the needs of individuals, families and local businesses. Its primary focus is on providing personalized banking solutions that reflect its deep roots in southwestern Michigan.

The company’s product lineup includes traditional deposit accounts such as checking, savings and money market accounts, alongside certificates of deposit.