Glacier Bancorp, Inc. (NYSE:GBCI) Short Interest Down 12.6% in May

Glacier Bancorp, Inc. (NYSE:GBCI - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 3,900,000 shares, a decrease of 12.6% from the April 30th total of 4,460,000 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily volume of 714,200 shares, the days-to-cover ratio is currently 5.5 days.

Glacier Bancorp Trading Up 1.1%

Shares of Glacier Bancorp stock traded up $0.45 during trading on Thursday, hitting $41.66. 172,826 shares of the stock traded hands, compared to its average volume of 670,485. The firm has a market capitalization of $4.73 billion, a PE ratio of 22.40 and a beta of 0.79. Glacier Bancorp has a 52 week low of $34.48 and a 52 week high of $60.67.

Glacier Bancorp Company Profile

Glacier Bancorp, Inc operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts.