OptimumBank Holdings, Inc. (NASDAQ:OPHC) Short Interest Down 51.7% in January

OptimumBank Holdings, Inc. (NASDAQ:OPHCGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 5,700 shares, a decline of 51.7% from the January 15th total of 11,800 shares. Based on an average trading volume of 10,300 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of OptimumBank

A number of institutional investors have recently bought and sold shares of the company. Charter Oak Capital Management LLC bought a new position in shares of OptimumBank during the 3rd quarter worth approximately $35,000. Warberg Asset Management LLC bought a new position in shares of OptimumBank during the 3rd quarter worth about $65,000. Vanguard Group Inc. boosted its position in shares of OptimumBank by 86.0% during the 3rd quarter. Vanguard Group Inc. now owns 98,489 shares of the bank’s stock worth $313,000 after purchasing an additional 45,544 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of OptimumBank by 1,250,000.0% during the 4th quarter. Morgan Stanley now owns 100,008 shares of the bank’s stock worth $409,000 after purchasing an additional 100,000 shares in the last quarter. Institutional investors own 3.69% of the company’s stock.

OptimumBank Trading Up 0.5 %

Shares of NASDAQ:OPHC traded up $0.02 during midday trading on Monday, hitting $4.12. 4,477 shares of the stock were exchanged, compared to its average volume of 10,034. The stock has a market capitalization of $29.87 million, a price-to-earnings ratio of 5.42 and a beta of 0.32. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.10 and a current ratio of 1.10. The business’s 50-day moving average price is $4.21 and its 200 day moving average price is $3.54. OptimumBank has a 12 month low of $2.77 and a 12 month high of $4.91.

OptimumBank (NASDAQ:OPHCGet Free Report) last announced its earnings results on Thursday, November 9th. The bank reported $0.18 EPS for the quarter. OptimumBank had a return on equity of 8.14% and a net margin of 15.20%. The business had revenue of $6.83 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on OptimumBank in a research report on Monday. They issued a “hold” rating on the stock.

Read Our Latest Research Report on OPHC

About OptimumBank

(Get Free Report)

OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, NOW, and time deposit accounts, as well as certificates of deposit.

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