What’s Next for Optimumbank Holdings Inc (NASDAQ:OPHC) After Having More Shares Shorted?

June 4, 2018 - By Henry Gaston

The stock of Optimumbank Holdings Inc (NASDAQ:OPHC) registered an increase of 27.55% in short interest. OPHC’s total short interest was 25,000 shares in June as published by FINRA. Its up 27.55% from 19,600 shares, reported previously. With 22,000 shares average volume, it will take short sellers 1 days to cover their OPHC’s short positions. The short interest to Optimumbank Holdings Inc’s float is 3.29%.

The stock decreased 1.73% or $0.09 during the last trading session, reaching $5.11. About 3,169 shares traded. OptimumBank Holdings, Inc. (NASDAQ:OPHC) has risen 59.63% since June 4, 2017 and is uptrending. It has outperformed by 47.06% the S&P500.

OptimumBank Holdings, Inc. operates as the bank holding firm for OptimumBank that provides a range of consumer and commercial banking services to individuals and businesses. The company has market cap of $6.98 million. The firm accepts demand interest-bearing and noninterest-bearing, savings, money market, NOW, and time deposit accounts, as well as certificates of deposit; and offers residential and commercial real estate, commercial, and consumer loans, as well as lending lines for working capital needs. It currently has negative earnings. It also provides debit and ATM cards; investment, cash management, and notary and night depository services; and direct deposits, money orders, cashierÂ’s checks, domestic collections, drive-in tellers, and banking by mail, as well as Internet banking services.

More important recent OptimumBank Holdings, Inc. (NASDAQ:OPHC) news were published by: Benzinga.com which released: “36 Biggest Movers From Friday” on May 21, 2018, also Globenewswire.com published article titled: “OptimumBank Holdings, Inc. Provides an Update Post the Annual Shareholder Meeting”, Benzinga.com published: “32 Stocks Moving In Thursday’s Mid-Day Session” on May 17, 2018. More interesting news about OptimumBank Holdings, Inc. (NASDAQ:OPHC) was released by: Benzinga.com and their article: “48 Biggest Movers From Yesterday” with publication date: May 18, 2018.

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