Trading was light with 984 shares changing hands on Tuesday. Trading volume was down 85.50% under the stocks average daily volume.
Investors are more bearish on shares of the company at least if you consider the uptick in short interest. The company had a rise in short interest of 27.31% as of October 13, 2017 from the last reporting period. Short shares grew 1,626 over that period. The short-interest ratio increased to 3.0 and the short interest percentage is 0.00% as of October 13.
The following firms have recently changed their position in SBFG. As of quarter end Ubs Group Ag had acquired a total of 3,966 shares growing its position 11,664.7%. The value of the investment in SB Financial Group, Inc. increased from $1,000 to $68,000 a change of $67,000 for the reporting period. As of the end of the quarter Context Bh Capital Management, Lp had bought 6,366 shares growing its holdings by 19.9%. The value of the company’s investment in SB Financial Group, Inc. went from $536,000 to $648,000 a change of 20.9% quarter over quarter.
Acadian Asset Management LLC grew its position by buying 118 shares an increase of 9.1% in the quarter. Acadian Asset Management LLC claims 1,411 shares valued at $24,000. The value of the position overall is up by 9.1%. As of the end of the quarter Cutter & CO Brokerage, Inc. had disposed of 400 shares trimming its stake by 3.3%. The value in dollars went from $208,000 to $204,000 decreasing 1.9% quarter to quarter.
The company is so far trading up by 0.57% percent from yesterday’s close. The company also recently announced a dividend for shareholders that will be paid on Friday the 24th of November 2017. The dividend will be $0.075 per share for the quarter or $0.30 on an annualized basis. This dividend represents a yield of $1.71. The ex-dividend date has been established as Wednesday the 9th of August 2017.
Company shares are trading at $17.60 just above the 50 day moving average which is $16.99 and just a bit higher than the 200 day moving average of $17.02. The 50 day moving average went up by +3.57% whereas the 200 day average was up by +3.40%.
The P/E ratio is currently 12.21 and the market value is 84.44M.
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..