Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Short Interest Update

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 4,300 shares, a growth of 87.0% from the April 30th total of 2,300 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the shares of the stock are sold short.

Pathfinder Bancorp Price Performance

Shares of NASDAQ PBHC traded up $0.08 during trading on Wednesday, hitting $14.98. The company had a trading volume of 3,123 shares, compared to its average volume of 5,482. The company has a market cap of $71.32 million, a P/E ratio of 24.97 and a beta of 0.12. Pathfinder Bancorp has a 52 week low of $12.30 and a 52 week high of $19.86. The business's 50-day moving average is $15.33 and its 200 day moving average is $16.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The savings and loans company reported $0.41 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%. The company had revenue of $12.61 million for the quarter.

Pathfinder Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 18th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Thursday, April 17th. Pathfinder Bancorp's payout ratio is 59.70%.

Hedge Funds Weigh In On Pathfinder Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its stake in shares of Pathfinder Bancorp by 0.9% in the fourth quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company's stock worth $5,049,000 after acquiring an additional 2,707 shares during the last quarter. Fourthstone LLC boosted its holdings in Pathfinder Bancorp by 10.8% during the fourth quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company's stock valued at $1,545,000 after acquiring an additional 8,579 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Pathfinder Bancorp by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company's stock valued at $335,000 after acquiring an additional 1,032 shares during the period. Clark Capital Management Group Inc. bought a new stake in Pathfinder Bancorp during the first quarter valued at about $280,000. Finally, FNY Investment Advisers LLC bought a new stake in Pathfinder Bancorp during the first quarter valued at about $256,000. 26.73% of the stock is currently owned by hedge funds and other institutional investors.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.