First National Bank Alaska (OTCMKTS:FBAK) Short Interest Down 98.4% in June

First National Bank Alaska (OTCMKTS:FBAK) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 98.4% from the May 31st total of 62 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 846 shares, the short-interest ratio is presently 0.0 days.

First National Bank Alaska Stock Down 0.6%

First National Bank Alaska stock traded down $1.80 during midday trading on Friday, reaching $318.00. The stock had a trading volume of 30 shares, compared to its average volume of 349. The company has a fifty day moving average price of $329.30 and a two-hundred day moving average price of $312.40. First National Bank Alaska has a 12 month low of $250.00 and a 12 month high of $343.00. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.01 billion, a P/E ratio of 12.44 and a beta of 0.25.

First National Bank Alaska (OTCMKTS:FBAK) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $6.68 earnings per share (EPS) for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community?oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC?traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.