0 shares changed hands in the last trading session. Shares saw a steep decrease in trading volume of 100.00% under the normal average daily volume.
Traders are more bearish on the company recently if you watch the rise in short interest. The firm experienced a rise in short interest of 18.55% as of the latest report on October 13, 2017. Short shares increased from 523 to 620 over that timeframe. With short interest at 620 and short average daily volume at 40, the short-interest ratio is 16.0 and the short interest percentage is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Tower Research Capital LLC (trc) had disposed of a total of 198 shares trimming its holdings by 33.0%. The value in dollars decreased from $7,000 to $6,000 a change of $1,000 quarter over quarter. As of quarter end Morgan Stanley had sold 428 shares trimming its stake by 5.2%. The value of the company’s investment in SB Financial Group, Inc. – Depo went from $131,000 to $125,000 decreasing 4.6% for the reporting period.
In the market the company is trading unchanged since yesterday’s close of $16.25. Shares last traded at $16.25 which is marginally lower than the 50 day moving average which is $16.29 and which is slightly below the 200 day moving average of $16.35. The 50 day moving average moved down $-0.04 whereas the 200 day moving average was down $-0.10 or -0.6274%.
The company currently has a P/E ratio of 11.2691 and the market value is 77.97M.
SB Financial Group, Inc., launched on February 25, 1983, is a bank holding company. Through its direct and indirect subsidiaries, the Company is involved in a range of activities, including commercial banking, item processing and wealth management services. The Business’s subsidiaries include The State Bank and Trust Company (State Bank), RFCBC, Inc. (RFCBC), Rurbanc Data Services, Inc. (doing business as RDSI Banking Systems (RDSI)), SBT Insurance, LLC (SBI) and Rurban Statutory Trust II (RST II). State Bank offers a range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit; automatic teller machines; commercial, consumer, agricultural and residential mortgage loans; personal and corporate trust services; commercial leasing; bank credit card services; safe deposit box rentals; Internet and telephone banking, and other personalized banking services. The trust and financial services division of State Bank offers asset management services for individuals and corporate employee benefit plans, as well as brokerage services. State Bank operates approximately 20 banking centers and four loan production offices..