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

Greene County Bancorp, Inc. (NASDAQ:GCBC) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 85,700 shares, a growth of 5.0% from the September 30th total of 81,600 shares. Based on an average daily volume of 14,700 shares, the short-interest ratio is currently 5.8 days. Approximately 1.2% of the company’s shares are short sold.

Insider Buying and Selling

In related news, CFO Nick Barzee bought 892 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was bought at an average price of $28.57 per share, with a total value of $25,484.44. Following the purchase, the chief financial officer now directly owns 900 shares of the company’s stock, valued at approximately $25,713. This represents a 11,100.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Greene County Bancorp

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in Greene County Bancorp by 12.7% in the first quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 483 shares in the last quarter. FineMark National Bank & Trust acquired a new position in Greene County Bancorp during the 2nd quarter worth $229,000. Renaissance Technologies LLC acquired a new position in Greene County Bancorp during the 2nd quarter worth $260,000. Janus Henderson Group PLC acquired a new position in Greene County Bancorp during the 1st quarter worth $272,000. Finally, Bank of New York Mellon Corp lifted its position in Greene County Bancorp by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust’s stock worth $760,000 after acquiring an additional 300 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors.

Greene County Bancorp Stock Up 0.0 %

Shares of NASDAQ:GCBC traded up $0.01 during trading on Thursday, reaching $28.45. 3,129 shares of the company traded hands, compared to its average volume of 17,127. The firm has a fifty day simple moving average of $30.39 and a 200 day simple moving average of $31.06. The firm has a market cap of $484.42 million, a P/E ratio of 19.90 and a beta of 0.41. Greene County Bancorp has a 1-year low of $22.87 and a 1-year high of $37.25. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.17.

Greene County Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Friday, November 15th. Greene County Bancorp’s dividend payout ratio is presently 25.00%.

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.