Community Financial Corp(Maryland) (NASDAQ:TCFC) Short Interest Down 17.5% in September

Community Financial Corp(Maryland) (NASDAQ:TCFC) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 20,300 shares, a decline of 17.5% from the August 30th total of 24,600 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 5,400 shares, the short-interest ratio is presently 3.8 days.

Shares of Community Financial Corp(Maryland) stock traded up $0.22 during trading on Monday, hitting $32.05. 1,197 shares of the company were exchanged, compared to its average volume of 6,217. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.39. Community Financial Cor has a fifty-two week low of $26.47 and a fifty-two week high of $34.15. The stock has a market capitalization of $176.93 million, a price-to-earnings ratio of 11.57 and a beta of 0.38. The firm has a 50 day moving average price of $31.86 and a 200 day moving average price of $31.38.

Community Financial Corp(Maryland) (NASDAQ:TCFC) last issued its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.65 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.04). The business had revenue of $14.51 million during the quarter. Community Financial Corp(Maryland) had a net margin of 20.54% and a return on equity of 9.68%.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 21st. Shareholders of record on Monday, October 7th will be issued a $0.125 dividend. The ex-dividend date is Friday, October 4th. This represents a $0.50 annualized dividend and a yield of 1.56%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Acadian Asset Management LLC acquired a new position in Community Financial Corp(Maryland) in the 2nd quarter valued at $25,000. Hillsdale Investment Management Inc. acquired a new position in Community Financial Corp(Maryland) in the 2nd quarter valued at $27,000. BNP Paribas Arbitrage SA raised its holdings in Community Financial Corp(Maryland) by 613.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,027 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 883 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Community Financial Corp(Maryland) by 8.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 11,678 shares of the financial services provider’s stock valued at $394,000 after acquiring an additional 902 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Community Financial Corp(Maryland) by 2.8% in the 2nd quarter. Northern Trust Corp now owns 50,746 shares of the financial services provider’s stock valued at $1,712,000 after acquiring an additional 1,393 shares during the last quarter. Institutional investors own 31.21% of the company’s stock.

About Community Financial Corp(Maryland)

The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. Its deposit products include savings, money market, demand deposit, IRA, SEP, and time deposit accounts. The company also provides loan products, such as commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, commercial, consumer, and commercial equipment loans.

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