Wsfs Financial Corporation (NASDAQ:WSFS) Shorts Decreased by 9.58% After Short Covering

July 16, 2018 - By Lisa Delgado

WSFS Financial Corporation (NASDAQ:WSFS) Logo

Investors sentiment increased to 1.07 in 2018 Q1. Its up 0.07, from 1 in 2017Q4. It improved, as 15 investors sold WSFS Financial Corporation shares while 41 reduced holdings. 16 funds opened positions while 44 raised stakes. 23.05 million shares or 1.61% more from 22.69 million shares in 2017Q4 were reported.
Northern Corp holds 1.08 million shares or 0.01% of its portfolio. Ubs Asset Americas Incorporated has 19,253 shares for 0% of their portfolio. 1,350 were reported by Paradigm Asset Company Lc. 4,683 were accumulated by Stephens Ar. First Quadrant Lp Ca, a California-based fund reported 8,852 shares. The New York-based Qs Ltd Liability Com has invested 0% in WSFS Financial Corporation (NASDAQ:WSFS). Bridgeway Capital Management Inc invested 0.01% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Teacher Retirement Of Texas accumulated 6,948 shares or 0% of the stock. Price T Rowe Md reported 1.67M shares stake. Swiss Bancorp holds 54,700 shares. Df Dent And Company Inc reported 36,773 shares stake. Schwab Charles Inv Inc invested in 152,651 shares or 0.01% of the stock. Pzena Investment Lc reported 0.03% stake. Texas-based Utd Svcs Automobile Association has invested 0% in WSFS Financial Corporation (NASDAQ:WSFS). Eagle Asset Mgmt accumulated 0.07% or 270,120 shares.

Since February 28, 2018, it had 0 insider buys, and 18 insider sales for $13.48 million activity. Ward Patrick Joseph also sold $102,750 worth of WSFS Financial Corporation (NASDAQ:WSFS) shares. Another trade for 10,353 shares valued at $519,572 was made by Geraghty Paul D on Monday, March 12. WRIGHT RICHARD also sold $169,325 worth of WSFS Financial Corporation (NASDAQ:WSFS) on Monday, March 5. MAZARAKIS S JAMES had sold 1,534 shares worth $79,216. KEARNEY THOMAS W sold $76,049 worth of WSFS Financial Corporation (NASDAQ:WSFS) on Wednesday, February 28.

The stock of Wsfs Financial Corporation (NASDAQ:WSFS) registered a decrease of 9.58% in short interest. WSFS’s total short interest was 562,300 shares in July as published by FINRA. Its down 9.58% from 621,900 shares, reported previously. With 79,400 shares average volume, it will take short sellers 7 days to cover their WSFS’s short positions. The short interest to Wsfs Financial Corporation’s float is 1.83%.

The stock increased 2.37% or $1.25 during the last trading session, reaching $53.9. About 168,201 shares traded or 88.44% up from the average. WSFS Financial Corporation (NASDAQ:WSFS) has risen 19.48% since July 16, 2017 and is uptrending. It has outperformed by 6.91% the S&P500.

WSFS Financial Corporation operates as the thrift holding firm for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. The company has market cap of $1.70 billion. It operates through three divisions: WSFS Bank, Cash Connect, and Wealth Management. It has a 25.32 P/E ratio. The firm offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit.

WSFS Financial Corporation (NASDAQ:WSFS) Ratings Coverage

Among 5 analysts covering Wsfs Financial Corp (NASDAQ:WSFS), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Wsfs Financial Corp had 8 analyst reports since January 23, 2018 according to SRatingsIntel. As per Monday, February 26, the company rating was maintained by Keefe Bruyette & Woods. Sandler O’Neill maintained the stock with “Buy” rating in Tuesday, January 23 report. The firm has “Buy” rating by Boenning & Scattergood given on Wednesday, February 28. The rating was maintained by Boenning & Scattergood on Tuesday, April 24 with “Buy”. Stephens maintained the stock with “Buy” rating in Wednesday, April 25 report. Merion Capital maintained the stock with “Neutral” rating in Friday, January 26 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, January 23 report. The company was maintained on Wednesday, January 24 by Stephens.

Another recent and important WSFS Financial Corporation (NASDAQ:WSFS) news was published by Nasdaq.com which published an article titled: “WSFS Announces Leadership Succession Plan: Mark A. Turner to be elevated to Executive Chairman of the Board …” on July 11, 2018.

WSFS Financial Corporation (NASDAQ:WSFS) Institutional Positions Chart

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