Broadway Financial Corporation (NASDAQ:BYFC) Shorted Shares Increased 9.09% After Market Selling

The stock of Broadway Financial Corporation (NASDAQ:BYFC) registered an increase of 9.09% in short interest. BYFC’s total short interest was 2,400 shares in March as published by FINRA. Its up 9.09% from 2,200 shares, reported previously. With 1,900 shares average volume, it will take short sellers 1 days to cover their BYFC’s short positions. The short interest to Broadway Financial Corporation’s float is 0.05%. The stock increased 13.33% or $0.2 on March 9, hitting $1.7. About 10,338 shares traded hands or 40.08% up from the average. Broadway Financial Corp (NASDAQ:BYFC) has risen 21.26% since August 3, 2015 and is uptrending. It has outperformed by 26.92% the S&P500.

Broadway Financial Corporation is a savings and loan holding company. The company has a market cap of $36.39 million. The Firm is primarily engaged in the savings and loan business through its wholly owned subsidiary, Broadway Federal Bank, f.s.b. . It has 5.52 P/E ratio. The Bank is a community-oriented savings institution.

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