Short Interest in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Expands By 31.4%

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 106,265 shares, an increase of 31.4% from the January 29th total of 80,889 shares. Based on an average daily volume of 69,755 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.1% of the company’s stock are sold short. Approximately 1.1% of the company’s stock are sold short. Based on an average daily volume of 69,755 shares, the days-to-cover ratio is currently 1.5 days.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CZWI. Weiss Ratings reissued a “hold (c)” rating on shares of Citizens Community Bancorp in a research report on Wednesday, January 21st. Zacks Research downgraded shares of Citizens Community Bancorp from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Citizens Community Bancorp presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Citizens Community Bancorp

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its stake in Citizens Community Bancorp by 611.1% in the second quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock valued at $28,000 after buying an additional 1,760 shares during the period. Police & Firemen s Retirement System of New Jersey acquired a new stake in Citizens Community Bancorp during the second quarter worth approximately $30,000. Osaic Holdings Inc. increased its stake in Citizens Community Bancorp by 858.5% during the 2nd quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock worth $41,000 after acquiring an additional 2,687 shares during the period. Bank of America Corp DE boosted its position in shares of Citizens Community Bancorp by 5,348.0% during the 2nd quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock worth $56,000 after acquiring an additional 4,011 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in Citizens Community Bancorp in the second quarter valued at approximately $63,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

Citizens Community Bancorp Trading Down 1.3%

CZWI traded down $0.23 during trading on Tuesday, reaching $17.57. 5,898 shares of the company were exchanged, compared to its average volume of 54,989. The firm has a 50 day moving average of $18.22 and a 200 day moving average of $17.12. Citizens Community Bancorp has a 52 week low of $12.69 and a 52 week high of $19.11. The stock has a market cap of $169.73 million, a P/E ratio of 12.03 and a beta of 0.66.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings results on Monday, January 26th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. Citizens Community Bancorp had a return on equity of 7.86% and a net margin of 14.60%.The company had revenue of $15.56 million for the quarter, compared to analysts’ expectations of $16.30 million. As a group, analysts forecast that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, February 6th. Citizens Community Bancorp’s dividend payout ratio is currently 28.77%.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.