German American Bancorp Inc (NASDAQ:GABC) Shorts Decreased by 0.92% After Short Covering

July 27, 2018 - By Megan Stone

German American Bancorp, Inc. (NASDAQ:GABC) Logo

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.39, from 1.3 in 2017Q4. It turned negative, as 8 investors sold German American Bancorp, Inc. shares while 25 reduced holdings. 6 funds opened positions while 24 raised stakes. 8.13 million shares or 2.07% less from 8.31 million shares in 2017Q4 were reported.
Tiaa Cref Inv Mgmt Ltd Liability holds 49,599 shares. Citigroup accumulated 5,173 shares or 0% of the stock. 22,747 were accumulated by Rhumbline Advisers. Comerica Retail Bank holds 22,679 shares or 0.01% of its portfolio. 99,500 were reported by Renaissance Technologies Limited Liability. Pnc Fincl Services Gp Inc invested in 0% or 345 shares. Amer Intll Grp Inc, a New York-based fund reported 13,550 shares. Massachusetts-based State Street Corp has invested 0% in German American Bancorp, Inc. (NASDAQ:GABC). Los Angeles Capital Mgmt Equity Rech has 6,473 shares. 23,402 are held by Deutsche Comml Bank Ag. Virginia Retirement Et Al stated it has 12,000 shares. Alliancebernstein Limited Partnership stated it has 31,200 shares. Metropolitan Life Company invested in 0% or 7,198 shares. Btim accumulated 208,255 shares. Northern Trust Corp has 0% invested in German American Bancorp, Inc. (NASDAQ:GABC).

Since February 15, 2018, it had 41 buys, and 0 insider sales for $1.27 million activity. Shares for $79,762 were bought by Ramsey Chris A on Tuesday, May 29. On Tuesday, May 15 SEGER THOMAS W bought $2,110 worth of German American Bancorp, Inc. (NASDAQ:GABC) or 60 shares. BAWEL DOUGLAS A had bought 20 shares worth $691. On Tuesday, May 15 KLEM U BUTCH bought $2,110 worth of German American Bancorp, Inc. (NASDAQ:GABC) or 60 shares. $2,793 worth of German American Bancorp, Inc. (NASDAQ:GABC) shares were bought by Snowden Raymond Ward. 138 shares valued at $4,992 were bought by Fine Marc D on Monday, July 16.

The stock of German American Bancorp Inc (NASDAQ:GABC) registered a decrease of 0.92% in short interest. GABC’s total short interest was 870,700 shares in July as published by FINRA. Its down 0.92% from 878,800 shares, reported previously. With 38,800 shares average volume, it will take short sellers 22 days to cover their GABC’s short positions. The short interest to German American Bancorp Inc’s float is 4.13%.

The stock increased 1.72% or $0.63 during the last trading session, reaching $37.35. About 26,465 shares traded. German American Bancorp, Inc. (NASDAQ:GABC) has risen 16.60% since July 27, 2017 and is uptrending. It has outperformed by 4.03% the S&P500.

German American Bancorp, Inc. operates as the bank holding firm for German American Bancorp that provides retail and commercial banking services. The company has market cap of $857.83 million. The firm operates through three divisions: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. It has a 20.08 P/E ratio. The Core Banking segment attracts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market.

Another recent and important German American Bancorp, Inc. (NASDAQ:GABC) news was published by Globenewswire.com which published an article titled: “German American Announces Appointment of Zachary W. Bawel to Its Board of Directors” on June 29, 2018.

German American Bancorp, Inc. (NASDAQ:GABC) Institutional Positions Chart

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