Solera National Bancorp Inc. (OTCMKTS:SLRK) Short Interest Up 517.6% in May

Solera National Bancorp Inc. (OTCMKTS:SLRK) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,625 shares, an increase of 517.6% from the April 30th total of 425 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,473 shares, the short-interest ratio is presently 1.1 days.

Solera National Bancorp Stock Performance

Shares of OTCMKTS SLRK opened at $19.90 on Thursday. The firm has a market cap of $85.57 million, a PE ratio of 3.42 and a beta of 0.31. Solera National Bancorp has a 1-year low of $8.45 and a 1-year high of $20.95. The company has a fifty day moving average price of $18.57 and a 200 day moving average price of $16.56.

Solera National Bancorp (OTCMKTS:SLRK) last announced its earnings results on Tuesday, April 28th. The financial services provider reported $1.55 earnings per share for the quarter. The company had revenue of $17.66 million during the quarter.

About Solera National Bancorp

Solera National Bancorp, Inc operates as the bank holding company for Solera National Bank that provides commercial and consumer banking services in the United States. The company offers checking and savings accounts, money market accounts, time and demand deposits, and individual retirement accounts (IRA), as well as certificates of deposit; and real estate secured loans, construction loans, small business administration loans, business lines of credit, and equipment financing. It also provides online banking, account analysis, combined account analysis, commercial sweep, remote deposit, ACH origination, payroll direct deposit, merchant, business debit card, and cash management services.