Greene County Bancorp, Inc. (NASDAQ:GCBC) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 13,600 shares, an increase of 22.5% from the December 15th total of 11,100 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 4.0 days.
Shares of NASDAQ GCBC opened at $36.41 on Wednesday. Greene County Bancorp has a twelve month low of $23.08 and a twelve month high of $38.25. The stock has a market cap of $309.92 million, a price-to-earnings ratio of 11.82 and a beta of 0.38. The stock has a 50 day moving average price of $34.92.
Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings data on Friday, October 22nd. The real estate investment trust reported $0.84 earnings per share for the quarter. Greene County Bancorp had a net margin of 36.85% and a return on equity of 18.00%. The company had revenue of $17.33 million during the quarter.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. FMR LLC purchased a new stake in Greene County Bancorp during the 2nd quarter valued at $4,151,000. Basswood Capital Management L.L.C. bought a new stake in shares of Greene County Bancorp during the 2nd quarter valued at $1,168,000. Millennium Management LLC bought a new stake in shares of Greene County Bancorp during the 2nd quarter valued at $430,000. Dimensional Fund Advisors LP grew its position in shares of Greene County Bancorp by 13.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 13,686 shares of the real estate investment trust’s stock valued at $385,000 after acquiring an additional 1,583 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Greene County Bancorp by 50.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,311 shares of the real estate investment trust’s stock valued at $483,000 after acquiring an additional 4,467 shares during the period. Institutional investors and hedge funds own 5.95% of the company’s stock.
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About Greene County Bancorp
Greene County Bancorp, Inc operates as a bank holding company for Bank of Greene County. Its services include personal banking, checking accounts, savings accounts, loans, commercial lending, business accounts, municipal banking services and investment services. The company was founded in December 1998 and is headquartered in Catskill, NY.
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Read More: Greene County Bancorp, Inc. (NASDAQ:GCBC) Short Interest Update