Tompkins Financial Co. (NYSEAMERICAN:TMP) Short Interest Up 22.1% in May

Tompkins Financial Co. (NYSEAMERICAN:TMP - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 143,500 shares, an increase of 22.1% from the April 30th total of 117,500 shares. Currently, 1.1% of the company's shares are sold short. Based on an average daily trading volume, of 51,800 shares, the short-interest ratio is currently 2.8 days.

Institutional Trading of Tompkins Financial

A number of hedge funds have recently bought and sold shares of TMP. Wilmington Savings Fund Society FSB bought a new position in Tompkins Financial during the 4th quarter worth approximately $27,000. Sterling Capital Management LLC grew its holdings in shares of Tompkins Financial by 784.8% in the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock worth $28,000 after purchasing an additional 361 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Tompkins Financial in the fourth quarter worth $49,000. GAMMA Investing LLC increased its stake in shares of Tompkins Financial by 38.2% in the first quarter. GAMMA Investing LLC now owns 1,429 shares of the financial services provider's stock worth $90,000 after buying an additional 395 shares during the period. Finally, von Borstel & Associates Inc. bought a new stake in Tompkins Financial during the 1st quarter valued at $95,000. Institutional investors own 69.11% of the company's stock.

Tompkins Financial Trading Down 0.6%

NYSEAMERICAN TMP traded down $0.39 during trading hours on Thursday, hitting $60.37. 36,976 shares of the company's stock were exchanged, compared to its average volume of 55,201. Tompkins Financial has a 1-year low of $43.32 and a 1-year high of $79.01. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average of $60.42. The stock has a market cap of $868.72 million, a price-to-earnings ratio of 12.20 and a beta of 0.73.

Tompkins Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.11%. Tompkins Financial's dividend payout ratio is 50.10%.

About Tompkins Financial

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.