SR Bancorp, Inc. (NASDAQ:SRBK – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 29,600 shares, a decrease of 17.3% from the May 31st total of 35,800 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 12,300 shares, the days-to-cover ratio is presently 2.4 days.
SR Bancorp Trading Up 0.1 %
Shares of NASDAQ SRBK opened at $9.25 on Monday. The firm has a 50-day simple moving average of $9.16 and a 200-day simple moving average of $9.36. SR Bancorp has a 52 week low of $8.01 and a 52 week high of $10.00.
SR Bancorp (NASDAQ:SRBK – Get Free Report) last released its earnings results on Tuesday, April 30th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $8.78 million during the quarter.
Insider Buying and Selling
Hedge Funds Weigh In On SR Bancorp
A hedge fund recently bought a new stake in SR Bancorp stock. SeaCrest Wealth Management LLC purchased a new position in shares of SR Bancorp, Inc. (NASDAQ:SRBK – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $234,000. SeaCrest Wealth Management LLC owned 0.26% of SR Bancorp as of its most recent SEC filing. 24.70% of the stock is owned by institutional investors.
SR Bancorp Company Profile
SR Bancorp, Inc operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit.
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