Pathfinder Bcp MD (NASDAQ:PBHC) Experiences Heavier than Average Trading Volume

0
6

Trading volume for Pathfinder Bcp MD was 3,419 by the end of trading on Thursday. Overall, volume was up 81.96% over the stocks normal daily volume.

Short traders are feeling a little more bullish on the company looking at the fall in short interest. The stock saw a fall in short interest of -44.05% between September 29, 2017 and October 13, 2017. Short interest fell 448 over that timeframe. Days to cover decreased -1.0 to 0.0 and the percentage of shorted shares is 0.00% as of October 13.

Here is a rundown on some insider market activity for Pathfinder Bcp MD (NASDAQ:PBHC). Director George P. Joyce bought 2,000 shares at an average price of $15.39 on Fri the 22nd. That brings Joyce’s holdings to $1,425,884 as reported to the SEC. VP Walter Rusnak disclosed the purchase of 825 shares of PBHC stock. The shares were bought on September 11th for an average price of $15.59. The VP now owns $25,724 of the stock according to the SEC filing.

The following firms have recently changed their position in PBHC. Tower Research Capital LLC (trc) grew its stake by buying 106 shares an increase of 662.5% from 03/31/2017 to 06/30/2017. Tower Research Capital LLC (trc) claims 122 shares valued at $2,000. The total value of its holdings increased inf%. Wedbush Securities Inc expanded its holdings by buying 500 shares an increase of 3.6% as of 09/30/2017. Wedbush Securities Inc currently owns 14,460 shares worth $221,000. The value of the position overall is up by 0.9%.

As of quarter end Tcw Group Inc had disposed of a total of 2,400 shares trimming its stake by 4.8%. The value of the company’s investment in Pathfinder Bcp MD went from $787,000 to $722,000 a change of $65,000 quarter to quarter. Wells Fargo & Company/mn bolstered its investment by buying 1 shares an increase of 0.5% in the quarter. Wells Fargo & Company/mn controls 201 shares with a value of $3,000. The value of the position overall is down by 0.0%.

The company is unchanged since yesterday’s close of 15.20. Pathfinder Bcp MD’s P/E ratio is 17.67 and the market value is 65.05M. As of the last earnings report the EPS was $0.86 with 4.28M shares outstanding.

Pathfinder Bancorp, Inc., launched on June 5, 2014, is a bank holding company. The Business’s primary business is its investment in Pathfinder Bank (the Bank), which is owned by the Company. The Bank is a New York-chartered stock savings bank. The Bank is a member of the Federal Home Loan Bank of New York (FHLBNY) and is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans secured by residential real estate, commercial real estate, small business loans and consumer loans. The Bank invests a portion of its assets in securities issued by the United States Government and its agencies and sponsored enterprises, state and municipal obligations, corporate debt securities, mutual funds and equity securities. The Bank also invests in mortgage-backed securities primarily issued or guaranteed by United States Government sponsored enterprises and collateralized mortgage obligations. The Bank’s principal sources of funds are deposits, principal and interest payments on loans and investments, as well as borrowings from correspondent financial institutions..