First National Bank Alaska (OTCMKTS:FBAK) Short Interest Update

First National Bank Alaska (OTCMKTS:FBAK) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 134 shares, a growth of 13,300.0% from the June 15th total of 1 shares. Based on an average trading volume of 508 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

First National Bank Alaska Stock Performance

Shares of FBAK traded up $4.76 during mid-day trading on Friday, hitting $317.01. 283 shares of the company traded hands, compared to its average volume of 314. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. The stock has a 50-day moving average price of $327.31 and a two-hundred day moving average price of $314.14. First National Bank Alaska has a 1 year low of $250.00 and a 1 year high of $343.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.67.

First National Bank Alaska (OTCMKTS:FBAK) last issued its 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 net margin of 30.01% and a return on equity of 14.23%.

About First National Bank Alaska

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.