Oak Ridge Financial Services Inc. (OTCMKTS:BKOR) Sees Significant Increase in Short Interest

Oak Ridge Financial Services Inc. (OTCMKTS:BKOR) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 56 shares, a growth of ? from the July 30th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 474 shares, the days-to-cover ratio is presently 0.1 days.

Oak Ridge Financial Services Stock Performance

Shares of OTCMKTS BKOR opened at $32.06 on Friday. The company has a market capitalization of $88.81 million, a P/E ratio of 11.21 and a beta of 0.14. Oak Ridge Financial Services has a 52-week low of $25.85 and a 52-week high of $32.25. The company’s 50 day moving average price is $31.57 and its 200-day moving average price is $30.78.

Oak Ridge Financial Services (OTCMKTS:BKOR) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.79 earnings per share for the quarter. The firm had revenue of $7.94 million for the quarter.

About Oak Ridge Financial Services

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services. The company also provides health savings accounts, identity theft protection, wealth management, cash management, and remote deposit capture services; and auto, home, small business, renters, life, boat and watercraft, classic car, motorcycle, flood, pet, and umbrella insurance products.