Short Interest in Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO) Drops By 88.9%

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO – Get Rating) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 100 shares, a decrease of 88.9% from the April 30th total of 900 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is currently 0.0 days.

OTCMKTS QNTO traded up $0.25 during mid-day trading on Thursday, hitting $24.25. The company’s stock had a trading volume of 700 shares, compared to its average volume of 1,455. Quaint Oak Bancorp has a 52-week low of $17.55 and a 52-week high of $24.50. The stock’s fifty day simple moving average is $23.42 and its two-hundred day simple moving average is $21.38. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.05. The firm has a market capitalization of $49.28 million, a P/E ratio of 6.74 and a beta of 0.26.

Quaint Oak Bancorp Company Profile (Get Rating)

Quaint Oak Bancorp, Inc, through its subsidiary Quaint Oak Bank that operates as a chartered stock savings bank. The company operates in two segments, Banking and Mortgage Banking. It accepts deposits from the general public through various deposit programs, which include money market accounts, certificates of deposit, non-interest-bearing checking accounts for businesses and consumers, and savings accounts.

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