MBT Financial Corp. (MBTF) At $10.53 Forms Top; Bofi Holding (BOFI) Shorts Decreased By 6.1%

MBT Financial Corp. (NASDAQ:MBTF) Logo

MBT Financial Corp. (MBTF) formed multiple top with $11.47 target or 9.00% above today’s $10.53 share price. MBT Financial Corp. (MBTF) has $241.75M valuation. The stock decreased 0.24% or $0.025 during the last trading session, reaching $10.525. About 797 shares traded. MBT Financial Corp. (NASDAQ:MBTF) has declined 0.96% since April 10, 2017 and is downtrending. It has underperformed by 12.51% the S&P500.

Bofi Holding Inc (NASDAQ:BOFI) had a decrease of 6.1% in short interest. BOFI’s SI was 16.82M shares in April as released by FINRA. Its down 6.1% from 17.91M shares previously. With 981,800 avg volume, 17 days are for Bofi Holding Inc (NASDAQ:BOFI)’s short sellers to cover BOFI’s short positions. The SI to Bofi Holding Inc’s float is 30.1%. The stock increased 1.14% or $0.46 during the last trading session, reaching $40.68. About 51,232 shares traded. BofI Holding, Inc. (NASDAQ:BOFI) has risen 42.81% since April 10, 2017 and is uptrending. It has outperformed by 31.26% the S&P500.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.12, from 0.92 in 2017Q3. It is positive, as 6 investors sold MBT Financial Corp. shares while 19 reduced holdings. 7 funds opened positions while 19 raised stakes. 11.29 million shares or 0.60% more from 11.22 million shares in 2017Q3 were reported. Geode Cap Mgmt Lc has invested 0% in MBT Financial Corp. (NASDAQ:MBTF). Ontario – Canada-based Manufacturers Life Co The has invested 0% in MBT Financial Corp. (NASDAQ:MBTF). Patriot Financial Partners Gp Limited Partnership invested 11.24% in MBT Financial Corp. (NASDAQ:MBTF). Northern invested in 0% or 202,257 shares. Jpmorgan Chase & holds 0% in MBT Financial Corp. (NASDAQ:MBTF) or 20,150 shares. Tiaa Cref Inv Management Limited Com holds 44,122 shares. Norris Perne French Ltd Liability Partnership Mi holds 0.13% or 85,563 shares in its portfolio. Banc Funds Ltd Liability Co holds 0.28% of its portfolio in MBT Financial Corp. (NASDAQ:MBTF) for 560,065 shares. Castle Creek Partners Iv L P holds 17.81% or 1.88M shares in its portfolio. Raymond James reported 36,850 shares or 0% of all its holdings. Dimensional Fund Advsrs Lp accumulated 1.15 million shares. Royal Comml Bank Of Canada reported 0% in MBT Financial Corp. (NASDAQ:MBTF). Bnp Paribas Arbitrage holds 0% or 16,057 shares in its portfolio. Fj Ltd Com reported 0.44% in MBT Financial Corp. (NASDAQ:MBTF). Comerica Bancorporation holds 34,118 shares or 0% of its portfolio.

Among 2 analysts covering MBT Financial (NASDAQ:MBTF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. MBT Financial has $1300 highest and $1100 lowest target. $12’s average target is 14.01% above currents $10.525 stock price. MBT Financial had 5 analyst reports since October 19, 2016 according to SRatingsIntel. The stock of MBT Financial Corp. (NASDAQ:MBTF) has “Buy” rating given on Wednesday, October 19 by Maxim Group. The stock of MBT Financial Corp. (NASDAQ:MBTF) has “Buy” rating given on Monday, December 19 by Maxim Group. The rating was maintained by Sandler O’Neill with “Hold” on Tuesday, March 27. The company was maintained on Friday, July 28 by Maxim Group. As per Monday, February 6, the company rating was downgraded by Sandler O’Neill.

Since February 12, 2018, it had 3 insider purchases, and 0 insider sales for $108,148 activity. The insider MILLER MICHAEL JAMES bought 5,000 shares worth $51,000. 4,499 shares were bought by DALY JOSEPH S, worth $46,880 on Thursday, February 15.

BofI Holding, Inc. operates as the holding firm for BofI Federal Bank that provides consumer and business banking products in the United States. The company has market cap of $2.54 billion. The firm offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It has a 19.28 P/E ratio. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; and consumer lending products consisting of prime loans to purchase new and used automobiles and recreational vehicles, as well as deposit-related overdraft lines of credit.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.31, from 0.98 in 2017Q3. It is positive, as 21 investors sold BofI Holding, Inc. shares while 59 reduced holdings. 38 funds opened positions while 65 raised stakes. 51.03 million shares or 0.73% less from 51.41 million shares in 2017Q3 were reported. 1.63M are held by Basswood Capital Ltd. Mark Sheptoff Fincl Planning Ltd Liability invested 0.02% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Pinnacle Associates Ltd holds 22,800 shares or 0.01% of its portfolio. Foundry invested 0.02% in BofI Holding, Inc. (NASDAQ:BOFI). 894 were reported by Asset. Kbc Group Inc Nv has invested 0.01% in BofI Holding, Inc. (NASDAQ:BOFI). 64,903 were reported by Bank Of America Corp De. Teacher Retirement Sys Of Texas reported 19,568 shares or 0% of all its holdings. Moreover, Qs Invsts Ltd Com has 0.07% invested in BofI Holding, Inc. (NASDAQ:BOFI). Dreman Value Mngmt L L C owns 12,534 shares. First Mercantile Tru has invested 0.06% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Pembroke Limited holds 3.53% or 1.15M shares in its portfolio. Lpl Limited Liability Com stated it has 0% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Victory Cap Mngmt reported 0% stake. Walleye Trading Ltd Liability Com reported 27,951 shares or 0% of all its holdings.

Since March 8, 2018, it had 0 insider buys, and 1 sale for $362,959 activity. Shares for $362,959 were sold by COURT JAMES JOHN.

MBT Financial Corp. (NASDAQ:MBTF) Institutional Positions Chart