Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Short Interest Up 68.8% in June

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 24,300 shares, an increase of 68.8% from the May 30th total of 14,400 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 4.6 days.

Separately, ValuEngine raised Yirendai from a “strong sell” rating to a “sell” rating in a research note on Friday, May 3rd.

PWOD traded down $0.05 during mid-day trading on Friday, hitting $43.85. 4,483 shares of the stock were exchanged, compared to its average volume of 6,856. The firm’s fifty day moving average price is $42.08. Penns Woods Bancorp has a 1-year low of $34.84 and a 1-year high of $46.50. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.01. The company has a market cap of $205.99 million, a P/E ratio of 13.38 and a beta of 0.63.



Penns Woods Bancorp (NASDAQ:PWOD) last posted its earnings results on Monday, April 22nd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a return on equity of 10.80% and a net margin of 21.56%. The firm had revenue of $14.93 million for the quarter.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Tuesday, June 11th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 4.29%. The ex-dividend date was Monday, June 10th.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in Penns Woods Bancorp by 1.8% during the 4th quarter. BlackRock Inc. now owns 234,784 shares of the financial services provider’s stock worth $9,447,000 after acquiring an additional 4,066 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Penns Woods Bancorp by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 165,648 shares of the financial services provider’s stock worth $6,666,000 after acquiring an additional 4,227 shares in the last quarter. Geode Capital Management LLC lifted its stake in Penns Woods Bancorp by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 41,314 shares of the financial services provider’s stock worth $1,662,000 after acquiring an additional 1,469 shares in the last quarter. Hudock Capital Group LLC lifted its stake in Penns Woods Bancorp by 1.3% during the 1st quarter. Hudock Capital Group LLC now owns 40,421 shares of the financial services provider’s stock worth $1,661,000 after acquiring an additional 538 shares in the last quarter. Finally, Berkshire Asset Management LLC PA lifted its stake in Penns Woods Bancorp by 6.0% during the 1st quarter. Berkshire Asset Management LLC PA now owns 24,429 shares of the financial services provider’s stock worth $1,004,000 after acquiring an additional 1,384 shares in the last quarter. 25.65% of the stock is currently owned by hedge funds and other institutional investors.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. The company accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking accounts and IRAs.

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