Is Mbt Financial Corporation (NASDAQ:MBTF) a Buy? The Stock Reported Less Sellers

February 15, 2018 - By Hazel Jackson

 Is Mbt Financial Corporation (NASDAQ:MBTF) a Buy? The Stock Reported Less Sellers

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.12, from 1.04 in 2017Q2. It turned negative, as 4 investors sold MBT Financial Corp. shares while 21 reduced holdings. 8 funds opened positions while 15 raised stakes. 11.22 million shares or 0.18% more from 11.20 million shares in 2017Q2 were reported.
Menta Capital Ltd Llc reported 26,707 shares. Castle Creek Capital Prtn Iv Ltd Partnership has 15.08% invested in MBT Financial Corp. (NASDAQ:MBTF) for 1.88 million shares. Tower Cap Limited Liability Co (Trc) has invested 0% in MBT Financial Corp. (NASDAQ:MBTF). Moreover, Raymond James Financial Advsrs has 0% invested in MBT Financial Corp. (NASDAQ:MBTF). Grp holds 0% of its portfolio in MBT Financial Corp. (NASDAQ:MBTF) for 11,954 shares. Spark Inv Mngmt Ltd Llc accumulated 11,900 shares. Dimensional Fund Advsr Lp holds 0.01% or 1.12 million shares. Citigroup reported 5,176 shares. 12,183 are owned by Credit Suisse Ag. State Street Corporation holds 260,601 shares or 0% of its portfolio. Banc Funds Limited Co holds 0.39% or 793,033 shares in its portfolio. Lsv Asset has 0.01% invested in MBT Financial Corp. (NASDAQ:MBTF). 27,369 are held by Morgan Stanley. Schwab Charles Management, California-based fund reported 27,100 shares. Basswood Cap Mngmt Ltd Com owns 210,701 shares for 0.11% of their portfolio.

The stock of Mbt Financial Corporation (NASDAQ:MBTF) registered a decrease of 0.87% in short interest. MBTF’s total short interest was 329,500 shares in February as published by FINRA. Its down 0.87% from 332,400 shares, reported previously. With 19,600 shares average volume, it will take short sellers 17 days to cover their MBTF’s short positions. The short interest to Mbt Financial Corporation’s float is 1.85%.

The stock increased 3.22% or $0.325 during the last trading session, reaching $10.425. About 40,311 shares traded. MBT Financial Corp. (NASDAQ:MBTF) has risen 32.74% since February 15, 2017 and is uptrending. It has outperformed by 16.04% the S&P500.

MBT Financial Corp. operates as the bank holding firm for the Monroe Bank & Trust that provides retail and commercial banking, and trust services to small and middle-market businesses and middle-income individuals. The company has market cap of $238.57 million. It offers checking and savings accounts, time deposits, and IRAs; and commercial loans, personal loans, real estate mortgage loans, and installment loans. It has a 22.66 P/E ratio. The firm also provides safe deposit facilities, ATM and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit, and investment management services.

MBT Financial Corp. (NASDAQ:MBTF) Ratings Coverage

Among 2 analysts covering MBT Financial (NASDAQ:MBTF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. MBT Financial had 4 analyst reports since October 19, 2016 according to SRatingsIntel. As per Monday, February 6, the company rating was downgraded by Sandler O’Neill. The firm has “Buy” rating by Maxim Group given on Monday, December 19. The company was maintained on Friday, July 28 by Maxim Group. The stock has “Buy” rating by Maxim Group on Wednesday, October 19.

More notable recent MBT Financial Corp. (NASDAQ:MBTF) news were published by: Marketwatch.com which released: “MBT Financial Corp.” on December 31, 2016, also Globenewswire.com with their article: “MBT Financial Corp. Announces Third Quarter 2017 Preliminary Earnings Release …” published on October 05, 2017, Globenewswire.com published: “MBT Financial Corp. Announces Third Quarter 2017 Earnings and Quarterly Dividend” on October 26, 2017. More interesting news about MBT Financial Corp. (NASDAQ:MBTF) were released by: Globenewswire.com and their article: “MBT Financial Corp. Announces First Quarter 2017 Preliminary Earnings Release …” published on March 31, 2017 as well as Globenewswire.com‘s news article titled: “MBT Financial Corp. Announces 20% Increase in Annual Earnings and Increases in …” with publication date: February 02, 2017.

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