Citizens Bancorp of Virginia, Inc. (OTCMKTS:CZBT) Sees Large Decline in Short Interest

Citizens Bancorp of Virginia, Inc. (OTCMKTS:CZBT) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 401 shares, a decrease of 97.3% from the May 14th total of 14,927 shares. Based on an average daily volume of 489 shares, the days-to-cover ratio is currently 0.8 days.

Citizens Bancorp of Virginia Price Performance

Citizens Bancorp of Virginia stock remained flat at $38.40 during midday trading on Tuesday. The company had a trading volume of 850 shares, compared to its average volume of 1,894. The stock’s 50-day moving average price is $38.39 and its 200-day moving average price is $35.99. Citizens Bancorp of Virginia has a twelve month low of $28.00 and a twelve month high of $41.50.

About Citizens Bancorp of Virginia

Citizens Bancorp of Virginia, Inc operates as the bank holding company for Citizens Bank and Trust Company that provides commercial banking products and services to businesses and individuals in the United States. It accepts checking and savings, certificates of deposit, and individual retirement accounts, as well as provides credit cards. The company also provides commercial loans, such as commercial real estate mortgages and construction loans, small business working capital loans and lines of credit, SBA guaranteed loans, and investment property loans.