Short Interest in Pathfinder Bancorp Inc (NASDAQ:PBHC) Expands By 1,400.0%

Pathfinder Bancorp Inc (NASDAQ:PBHC) saw a large growth in short interest during the month of November. As of November 29th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the November 14th total of 100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 0.4 days.

A hedge fund recently raised its stake in Pathfinder Bancorp stock. Vanguard Group Inc. lifted its position in shares of Pathfinder Bancorp Inc (NASDAQ:PBHC) by 47.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,013 shares of the savings and loans company’s stock after purchasing an additional 26,079 shares during the period. Vanguard Group Inc. owned 1.73% of Pathfinder Bancorp worth $1,179,000 at the end of the most recent quarter. Institutional investors and hedge funds own 10.43% of the company’s stock.

Pathfinder Bancorp stock opened at $13.75 on Friday. The firm has a market capitalization of $64.21 million, a PE ratio of 19.21 and a beta of -0.42. The company’s 50-day moving average is $13.32 and its 200-day moving average is $13.83. Pathfinder Bancorp has a fifty-two week low of $12.55 and a fifty-two week high of $16.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.86 and a quick ratio of 0.86.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga counties, New York. The company accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits.

Featured Story: What are the most popular ETFs

Receive News & Ratings for Pathfinder Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pathfinder Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.