Trading was heavy with 42K shares changing hands in the last trading session. Volume was up 194.51% over the stocks average daily volume.
Traders are more bullish on the company lately if you put credence in the change in short interest. The stock had a fall in short interest of -5.92% between September 29, 2017 and October 13, 2017. Short interest decreased from 57,523 to 54,119 over that timeframe. The days to cover increased to 4.0 and the short interest percentage is 0.01% as of October 13.
Here is a rundown on some insider market activity for Penns Woods Bancorp, Inc. (NASDAQ:PWOD). Director James M. Ii Furey let go of 2,000 shares at an average price of $48.10 on Thu the 26th. That brings Furey’s holdings to $234,728 as recorded in a recent Form 4 SEC filing.
These funds have shifted positions in (PWOD). As of the end of the quarter Commonwealth Equity Services, Inc had disposed of a total of 6,860 shares trimming its position 49.5%. The value of the investment in Penns Woods Bancorp, Inc. decreased from $602,000 to $288,000 a change of $314,000 since the last quarter. Tower Research Capital LLC (trc) cut its position by selling 345 shares a decrease of 83.9% from 03/31/2017 to 06/30/2017. Tower Research Capital LLC (trc) controls 66 shares worth $3,000. The total value of its holdings decreased 83.3%.
Vantage Investment Advisors, LLC augmented its holdings by buying 100 shares an increase of 10.0% in the quarter. Vantage Investment Advisors, LLC now holds 1,100 shares valued at $45,000. The value of the position overall is up by 4.7%. As of quarter end Hudock Capital Group, LLC had bought 10,137 shares growing its stake by 67.5%. The value of the investment in PWOD went from $618,000 to $1,168,000 a change of 89.0% quarter to quarter.
In the market the company is trading up since yesterday’s close of $48.42. Company shares are trading at $48.42 a tad above the 50 day moving average of $47.28 and quite a bit higher than the 200 day moving average of $42.83. The 50 day moving average moved up $1.14 and the 200 day average went up $5.59 or +13.05%.
The P/E ratio is 19.45 and market capitalization is 226.99M.
Penns Woods Bancorp, Inc., launched on January 7, 1983, is a bank holding company. The Company operates through its subsidiaries: Jersey Shore State Bank (JSSB) and Luzerne Bank (Luzerne) (collectively known as the Banks); Woods Real Estate Development Company, Inc.; Woods Investment Company, Inc., and The M Group, a subsidiary of JSSB. The Company is involved in managing and supervising the Banks. The Company operates in Community Banking segment. The Banks are engaged in a full-service commercial banking business, making available to the community a range of financial services, including installment loans, credit cards, mortgage and home equity loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities and local government, and various demand and time deposits, including checking accounts, savings accounts, money market deposit accounts, certificates of deposit and individual retirement arrangements (IRAs). Utilizing a branch office network, automated teller machine (ATMs), Internet and telephone banking delivery channels, the Banks deliver their products and services to the communities they reside in..