Company shares are trading at $6.99 barely below $7.50, the 50 day moving average and slightly below the 200 day moving average of $7.74. The 50 day moving average went down $-0.51 or -6.79% and the 200 day average was down $-0.75. Trading was light with 0 shares changing hands on Wednesday. Trading volume was down nan% under the stocks average daily volume.
The following firms have recently changed their position in CACB. Wolverine Asset Management LLC bolstered its position by buying 324,693 shares an increase of 84.4% in the quarter. Wolverine Asset Management LLC owns 709,231 shares with a value of $5,468,000. The total value of its holdings increased 75.1%. As of the end of the quarter Water Island Capital LLC had bought 129,422 shares growing its holdings by 13.5%. The value of the investment in Cascade Bancorp increased from $7,797,000 to $8,401,000 increasing 7.7% quarter over quarter.
Gardner Lewis Asset Management L P augmented its stake by buying 833,845 shares an increase of 46.2% from 12/31/2016 to 03/31/2017. Gardner Lewis Asset Management L P currently owns 2,637,190 shares worth $20,333,000. The value of the position overall is up by 38.9%. As of quarter end Goldman Sachs Group Inc had disposed of a total of 5,062 shares trimming its position 2.2%. The value in dollars went from $1,892,000 to $1,757,000 a change of $135,000 quarter to quarter.