(NASDAQ:BYBK) shares saw light trading volume with 10 shares changing hands by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 99.95% under the normal average daily volume.
Short traders are feeling a little more bullish on Bay Bancorp Inc as inferred by the change in short interest. The company saw a fall in short interest of -55.82% as of the latest report on October 13, 2017. Short shares decreased from 2,268 to 1,002 over that period. The days to cover decreased to 0.0 and the percentage of shorted shares was 0.00% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (BYBK). Context Bh Capital Management, Lp expanded its holdings by buying 330,470 shares an increase of 568.9% from 06/30/2017 to 09/30/2017. Context Bh Capital Management, Lp currently owns 388,561 shares worth $4,410,000. The value of the position overall is up by 900.0%. As of quarter end Wells Fargo & Company/mn had disposed of a total of 34,443 shares trimming its position 99.7%. The value of the investment in Bay Bancorp Inc decreased from $263,000 to $1,000 a change of $262,000 since the last quarter.
Alliancebernstein L.P. added to its position by buying 29,600 shares an increase of 12.4% in the quarter. Alliancebernstein L.P. now controls 268,777 shares with a value of $3,051,000. The total value of its holdings increased 67.8%. As of the end of the quarter Basswood Capital Management, L.l.c. had sold 245,834 shares trimming its holdings by 45.0%. The value of the investment in BYBK went from $4,156,000 to $3,416,000 decreasing 17.8% quarter over quarter.
In the market the company is trading down by 0.43% since yesterday’s close of 11.75. The company currently has a P/E ratio of 26.35 and the market value is 125.40M. In the latest earnings report the EPS was $0.44 with 10.72M shares presently outstanding.
Bay Bancorp, Inc., launched on January 11, 1990, is a savings and loan holding company. The Company operates through its subsidiary, Bay Bank, FSB (the Bank), which serves the community with a network of approximately 11 branches located throughout the Baltimore Metropolitan Statistical Area, Baltimore City and the Maryland counties of Baltimore, Anne Arundel, Howard, and Harford, as well as south along the Baltimore-Washington corridor with an expanded focus on Prince George’s and Montgomery counties. The Company operates in the Community Banking segment. The Bank serves local consumers, small and medium size businesses, professionals and other customers by offering a range of financial products and services, including online and mobile banking, commercial banking, cash management, mortgage lending and retail banking..