Greene County Bancorp, Inc. (NASDAQ:GCBC) Short Interest Update

Greene County Bancorp, Inc. (NASDAQ:GCBC) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 47,000 shares, a decline of 11.5% from the December 15th total of 53,100 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 20,000 shares, the short-interest ratio is presently 2.4 days.

Insider Activity at Greene County Bancorp

In other news, CFO Nick Barzee purchased 892 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was bought at an average price of $28.57 per share, for a total transaction of $25,484.44. Following the completion of the purchase, the chief financial officer now directly owns 900 shares of the company’s stock, valued at $25,713. The trade was a 11,150.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Tejraj S. Hada purchased 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average price of $28.00 per share, with a total value of $56,000.00. Following the purchase, the director now directly owns 8,651 shares of the company’s stock, valued at $242,228. The trade was a 30.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GCBC. State Street Corp boosted its holdings in shares of Greene County Bancorp by 9.0% in the 3rd quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after buying an additional 10,152 shares in the last quarter. Barclays PLC boosted its holdings in shares of Greene County Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock valued at $362,000 after buying an additional 9,229 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Greene County Bancorp by 13.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock valued at $2,182,000 after buying an additional 7,814 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Greene County Bancorp during the 2nd quarter worth $260,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Greene County Bancorp by 69.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 6,517 shares during the period. Institutional investors and hedge funds own 13.39% of the company’s stock.

Greene County Bancorp Stock Up 1.9 %

Greene County Bancorp stock traded up $0.51 during trading on Friday, reaching $26.95. The stock had a trading volume of 19,991 shares, compared to its average volume of 21,810. Greene County Bancorp has a 52-week low of $24.10 and a 52-week high of $37.25. The business has a 50 day moving average price of $29.75 and a 200 day moving average price of $30.75. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14. The stock has a market cap of $458.96 million, a PE ratio of 18.59 and a beta of 0.46.

Greene County Bancorp Company Profile

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.