Arrow Financial (AROW) News Today

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 207,100 shares, an increase of 9.8% from the August 15th total of 188,600 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is presently 4.7 days.

Hovde Group started coverage on Arrow Financial in a research report on Monday. They set a "market perform" rating and a $31.00 price target on the stock.

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) Director Raymond F. O'conor sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $30.09, for a total value of $60,180.00. Following the transaction, the director now directly owns 43,176 shares in the company, valued at approximately $1,299,165.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Arrow Financial (NASDAQ:AROW) Stock Price Crosses Above Two Hundred Day Moving Average of $25.56

Arrow Financial (NASDAQ:AROW) Stock Price Up 8.3%

StockNews.com raised Arrow Financial from a "sell" rating to a "hold" rating in a report on Tuesday.

Arrow Financial (NASDAQ:AROW - Get Free Report) released its quarterly earnings data on Thursday. The financial services provider reported $0.52 EPS for the quarter. The company had revenue of $55.83 million for the quarter. Arrow Financial had a return on equity of 7.89% and a net margin of 14.34%.

Arrow Financial Co. (NASDAQ:AROW) declared a quarterly dividend on Thursday, July 25th. Investors of record on Monday, August 12th will be paid a dividend of 0.27 per share by the financial services provider on Friday, August 23rd. This represents a $1.08 annualized dividend and a yield of 3.33%. The ex-dividend date is Monday, August 12th.

StockNews.com downgraded Arrow Financial from a "hold" rating to a "sell" rating in a research report on Monday.

Arrow Financial (NASDAQ:AROW) Reaches New 12-Month High at $30.44

Arrow Financial (NASDAQ:AROW) Hits New 12-Month High at $30.00

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 146,600 shares, an increase of 16.1% from the June 15th total of 126,300 shares. Based on an average daily trading volume, of 42,600 shares, the short-interest ratio is currently 3.4 days.

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 126,300 shares, a drop of 6.2% from the May 31st total of 134,600 shares. Based on an average daily volume of 37,200 shares, the short-interest ratio is presently 3.4 days.

Arrow Financial (NASDAQ:AROW) Share Price Passes Below 200-Day Moving Average of $24.95

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 134,600 shares, a growth of 10.4% from the May 15th total of 121,900 shares. Based on an average daily volume of 38,400 shares, the days-to-cover ratio is presently 3.5 days.

Arrow Financial (NASDAQ:AROW) Stock Price Passes Below 200 Day Moving Average of $25.05

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 121,900 shares, a decline of 13.8% from the April 30th total of 141,400 shares. Based on an average trading volume of 38,200 shares, the short-interest ratio is presently 3.2 days.

Arrow Financial Co. (NASDAQ:AROW - Get Free Report) Director Raymond F. O'conor sold 4,000 shares of the company's stock in a transaction on Friday, May 10th. The stock was sold at an average price of $23.63, for a total value of $94,520.00. Following the transaction, the director now directly owns 46,419 shares in the company, valued at approximately $1,096,880.97. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Arrow Financial (NASDAQ:AROW - Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.45 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.02). Arrow Financial had a net margin of 15.69% and a return on equity of 8.21%. The firm had revenue of $54.54 million for the quarter, compared to analyst estimates of $33.29 million.

Arrow Financial Co. (NASDAQ:AROW) declared a quarterly dividend on Tuesday, April 30th. Stockholders of record on Monday, May 13th will be paid a dividend of 0.27 per share by the financial services provider on Friday, May 24th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date of this dividend is Friday, May 10th.