Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Short Interest Update

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 30,600 shares, an increase of 111.0% from the February 29th total of 14,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 29,600 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Citizens Community Bancorp

Hedge funds have recently bought and sold shares of the stock. Millennium Management LLC purchased a new stake in Citizens Community Bancorp in the 4th quarter worth $178,000. Northern Trust Corp lifted its stake in Citizens Community Bancorp by 7.8% in the 2nd quarter. Northern Trust Corp now owns 19,646 shares of the bank’s stock worth $174,000 after purchasing an additional 1,419 shares in the last quarter. Jane Street Group LLC purchased a new stake in Citizens Community Bancorp in the 4th quarter worth $281,000. Renaissance Technologies LLC lifted its stake in Citizens Community Bancorp by 46.5% in the 4th quarter. Renaissance Technologies LLC now owns 27,566 shares of the bank’s stock worth $332,000 after purchasing an additional 8,751 shares in the last quarter. Finally, Morgan Stanley lifted its stake in Citizens Community Bancorp by 47.5% in the 4th quarter. Morgan Stanley now owns 27,835 shares of the bank’s stock worth $335,000 after purchasing an additional 8,962 shares in the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Wall Street Analysts Forecast Growth

CZWI has been the subject of a number of research reports. Hovde Group upgraded shares of Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a research note on Monday, March 4th. StockNews.com initiated coverage on shares of Citizens Community Bancorp in a research note on Sunday, March 10th. They set a “hold” rating for the company.

Citizens Community Bancorp Stock Performance

Citizens Community Bancorp stock remained flat at $12.15 during mid-day trading on Friday. 6,051 shares of the company traded hands, compared to its average volume of 74,081. The stock has a market cap of $127.09 million, a price-to-earnings ratio of 9.72 and a beta of 1.00. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.98 and a quick ratio of 0.97. The company has a 50 day moving average of $12.00 and a 200 day moving average of $10.91. Citizens Community Bancorp has a one year low of $7.61 and a one year high of $12.61.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its earnings results on Monday, January 29th. The bank reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.12. The company had revenue of $24.51 million during the quarter, compared to the consensus estimate of $13.90 million. Citizens Community Bancorp had a net margin of 13.82% and a return on equity of 7.99%. As a group, equities research analysts forecast that Citizens Community Bancorp will post 1.23 earnings per share for the current year.

Citizens Community Bancorp Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, February 8th. This represents a yield of 2.6%. This is a boost from Citizens Community Bancorp’s previous annual dividend of $0.29. Citizens Community Bancorp’s payout ratio is presently 25.60%.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. The company accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.