Poage Bankshares, Inc. shares had a trading volume of 59 in the last trading session. Trading volume was down 90.51% under the stocks average daily volume.
Short traders are more bullish of late as implied by the motion in short interest. The firm realized a fall in short interest from September 29, 2017 to October 13, 2017 of -21.07%. Short interest fell from 1,210 to 955 over that timeframe. With short interest at 955 and short average daily volume at 519, days to cover is 2.0 and the percentage of shorted shares is 0.00% as of October 13.
These funds have shifted positions in (PBSK). Alliancebernstein L.P. divested its investment by selling 2,687 shares a decrease of 3.9% from 03/31/2017 to 06/30/2017. Alliancebernstein L.P. now controls 67,066 shares worth $1,278,000. The value of the position overall is down by 6.0%. As of the end of the quarter Blackrock Inc. had sold a total of 165 shares trimming its holdings by 25.0%. The value of the investment in PBSK decreased from $13,000 to $9,000 a change of 30.8% for the reporting period.
Tower Research Capital LLC (trc) trimmed its stake by shedding 535 shares a decrease of 66.5%. Tower Research Capital LLC (trc) claims 269 shares with a value of $5,000. The total value of its holdings decreased 66.7%. As of quarter end Stilwell Value LLC had disposed of 15,000 shares trimming its position 4.1%. The value of the investment in (PBSK) went from $6,907,000 to $6,291,000 decreasing 8.9% quarter to quarter.
The company is now unchanged by 0.00% since yesterday’s close of $18.10. Additionally the company recently declared a dividend that will be paid on Friday the 10th of November 2017. The dividend will be $0.060 per share for the quarter or $0.24 annualized. This dividend represents a yield of $1.33. The ex-dividend date is set for Wednesday the 2nd of August 2017.
Shares of the company are trading at $18.10 a tad below $18.22, the stock’s 50 day moving average and which is just under the 200 day moving average of $18.77. The 50 day moving average went down $-0.12 or -0.64% whereas the 200 day moving average was down $-0.67 or -3.57%.
Poage Bankshares, Inc. currently has a P/E ratio of 44.36 and market cap is 58.99M.
Poage Bankshares, Inc., launched on February 8, 2011, is a holding company for Town Square Bank (Town Square). Town Square is a federal savings association. The Company operates in banking segment. Town Square’s business consists of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, primarily in first lien one-to-four-family mortgage loans, commercial and multi-family real estate loans, commercial and industrial loans consumer loans, consisting primarily of automobile loans and home equity loans and lines of credit, and construction loans. Town Square purchases investment securities consisting of mortgage-backed securities issued by the United States Government agencies and government-sponsored enterprises, and obligations of state and political subdivisions. Town Square provides financial services to individuals, families and businesses, through its banking offices located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky..