Elmira Savings Bank (NASDAQ:ESBK – received rating) saw short interest rates fall sharply in April. As of April 30, there was short interest totaling 600 shares, down 14.3% from the April 15 total of 700 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 0.2 days. About 0.0% of the company’s shares are sold short.

shares of ESBK bearing opened at $23.08 on Wednesday. The company’s 50-day moving average price is $22.99 and its 200-day moving average price is $22.90. Elmira Savings Bank has a 12-month low of $12.80 and a 12-month high of $23.22.

The company also recently announced a quarterly dividend, which was paid on Friday, March 11th. A dividend of $0.15 per share was paid to shareholders of record on Thursday, March 3rd. That equates to a dividend of $0.60 on an annualized basis and a dividend yield of 2.60%. The ex-dividend date of this dividend was Wednesday March 2nd. Elmira Savings Bank’s payout ratio is 40.82%.

Hedge funds have recently changed their positions in the company. The Royal Bank of Canada acquired a new position in shares of Elmira Savings Bank worth about $52,000 during the third quarter. BlackRock Inc. increased its stake in Elmira Savings Bank shares by 12.9% in the third quarter. BlackRock Inc. now owns 8,552 shares of the Real Estate Investment Trust valued at $114,000 after purchasing an additional 976 shares during the period. Pender Fund Capital Management Ltd. acquired a new position in Elmira Savings Bank stock valued at approximately $165,000 during the fourth quarter. Bank of Montreal Can acquired a new position in Elmira Savings Bank stock valued at about $234,000 during the first quarter. Eventually, GABELLI & Co acquired INVESTMENT ADVISERS INC. a new position in shares of Elmira Savings Bank worth approximately $237,000 in the fourth quarter.

Elmira Sparkasse company profile (received rating)

Elmira Sparkasse offers financial services for consumers and companies. It offers savings and money market accounts, term deposits, personal and commercial checking accounts, and NOW accounts; certificates of deposit; residential and commercial real estate, home loan, commercial loan and consumer loan consisting of installment loans, overdrafts and home equity loans; and mortgage loans secured by first and second liens on one- to four-family homes.

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