Hennessy Advisors Inc. acquired a new position in Southern California Bancorp (NASDAQ:BCAL – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 114,000 shares of the company’s stock, valued at approximately $1,700,000.
Separately, Mendon Capital Advisors Corp purchased a new stake in Southern California Bancorp during the fourth quarter valued at about $375,000. 55.40% of the stock is currently owned by institutional investors.
Southern California Bancorp Stock Up 1.1 %
Shares of BCAL traded up $0.14 during trading hours on Friday, hitting $13.33. The company had a trading volume of 75,487 shares, compared to its average volume of 40,390. Southern California Bancorp has a 52-week low of $12.30 and a 52-week high of $18.00. The stock’s 50 day moving average price is $13.74 and its 200 day moving average price is $15.07. The firm has a market cap of $247.14 million and a P/E ratio of 11.10.
About Southern California Bancorp
Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
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