Manhattan Bridge Capital Inc (LOAN) Gets a Buy Rating from Maxim Group

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Manhattan Bridge Capital Inc. (NASDAQ:LOAN) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 4,800 shares, a drop of 76.0% from the July 15th total of 20,000 shares. Approximately 0.1% of the company’s shares are short sold.

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Manhattan Bridge Capital, Inc. engages in originating, servicing, and managing a portfolio of first mortgage loans. It offers short-term, secured, non-banking loans to real estate investors to.

Separately, Maxim Group set a $8.00 target price on Manhattan Bridge Capital and gave the company a "buy" rating in a report on Wednesday, August 7th. LOAN stock traded up $0.11 during midday trading on Friday, hitting $6.11. 1,401 shares of the company’s stock were exchanged, compared to its average volume of 18,134. Manhattan Bridge.

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Stock quote for Manhattan Bridge Capital, Inc Common Stock (LOAN) with real-time last sale and extended hours stock prices, company news, charts, and research at Nasdaq.

Find the latest Manhattan Bridge Capital, Inc (LOAN) stock quote, history, news and other vital information to help you with your stock trading and investing.

1 Wall Street analysts have issued ratings and price targets for Manhattan Bridge Capital in the last 12 months. Their average twelve-month price target is $8.00, suggesting that the stock has a possible upside of 33.33%.

Manhattan Bridge Capital Inc. (NASDAQ:LOAN) announced its earnings results on Friday, July, 26th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter, missing the thomson reuters’ consensus estimate of $0.12 by $0.01.

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Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan.

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See LOAN price target based on 1 analysts offering 12 month price targets for Manhattan Bridge Capital Inc (LOAN) in the last 3 months. LOAN’s price target is $7.50 with a high estimate of $7.50 and a low estimate of $7.50.