Is Buying Poage Bankshares Inc (NASDAQ:PBSK) Here Good Idea?

August 9, 2018 - By Victoria Pittman

Poage Bankshares, Inc. (NASDAQ:PBSK) Logo

Investors sentiment is 1 in Q1 2018. Its the same as in 2017Q4. It is flat, as 1 investors sold Poage Bankshares, Inc. shares while 1 reduced holdings. only 0 funds opened positions while 2 raised stakes. 688,718 shares or 11.07% less from 774,426 shares in 2017Q4 were reported.
Raymond James & Assoc owns 21,814 shares. Seizert Prtnrs Limited Liability has invested 0.02% in Poage Bankshares, Inc. (NASDAQ:PBSK). Firefly Value Limited Partnership reported 0.12% stake. Blackrock holds 0% in Poage Bankshares, Inc. (NASDAQ:PBSK) or 1,157 shares. Wellington Mngmt Grp Inc Ltd Liability Partnership has 0% invested in Poage Bankshares, Inc. (NASDAQ:PBSK). Maltese holds 0.41% in Poage Bankshares, Inc. (NASDAQ:PBSK) or 316,981 shares. Morgan Stanley reported 1 shares stake. Fj Cap Lc holds 0.04% of its portfolio in Poage Bankshares, Inc. (NASDAQ:PBSK) for 15,900 shares. Alliancebernstein Ltd Partnership reported 60,484 shares. Royal Bank & Trust Of Canada has 1 shares.

The stock of Poage Bankshares Inc (NASDAQ:PBSK) registered an increase of 30.3% in short interest. PBSK’s total short interest was 4,300 shares in August as published by FINRA. Its up 30.3% from 3,300 shares, reported previously. With 800 shares average volume, it will take short sellers 5 days to cover their PBSK’s short positions. The short interest to Poage Bankshares Inc’s float is 0.21%.

The stock increased 0.19% or $0.05 during the last trading session, reaching $26.3. About 200 shares traded. Poage Bankshares, Inc. (NASDAQ:PBSK) has risen 2.67% since August 9, 2017 and is uptrending. It has underperformed by 9.90% the S&P500.

Poage Bankshares, Inc. operates as a savings and loan holding firm for Town Square Bank that provides financial services to individuals, families, and businesses. The company has market cap of $80.32 million. The firm accepts various deposit products, including savings accounts, NOW and demand accounts, business checking accounts, certificates of deposits, money market accounts, and retirement accounts. It currently has negative earnings. It also offers one-to-four family residential mortgage loans; commercial real estate and multi-family loans; commercial and industrial loans; consumer loans comprising new and used automobile and truck loans, recreational vehicle loans, and personal loans; home equity loans and lines of credit; commercial business loans; and construction and land loans.

More notable recent Poage Bankshares, Inc. (NASDAQ:PBSK) news were published by: Businesswire.com which released: “City Holding Company Announces Acquisitions Bolstering Kentucky Presence” on July 11, 2018, also Streetinsider.com with their article: “City Holding Co (CHCO) Agrees to Acquire Poage Bankshares, Inc. (PBSK) for $93.5M and Farmers Deposit Bancorp …” published on July 12, 2018, Benzinga.com published: “30 Stocks Moving In Thursday’s Mid-Day Session” on July 12, 2018. More interesting news about Poage Bankshares, Inc. (NASDAQ:PBSK) were released by: Seekingalpha.com and their article: “Merger Arbitrage Mondays – July 16, 2018” published on July 16, 2018 as well as Benzinga.com‘s news article titled: “44 Biggest Movers From Yesterday” with publication date: July 13, 2018.

Poage Bankshares, Inc. (NASDAQ:PBSK) Institutional Positions Chart

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