Southern California Bancorp (NASDAQ:BCAL) Short Interest Update

Southern California Bancorp (NASDAQ:BCAL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 362,300 shares, a growth of 6.5% from the December 15th total of 340,300 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 69,500 shares, the days-to-cover ratio is presently 5.2 days.

Institutional Investors Weigh In On Southern California Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new stake in shares of Southern California Bancorp during the third quarter worth $123,000. Empowered Funds LLC bought a new position in Southern California Bancorp in the 3rd quarter valued at $160,000. Rhumbline Advisers acquired a new stake in shares of Southern California Bancorp in the 2nd quarter valued at $166,000. Creekside Partners bought a new stake in shares of Southern California Bancorp during the third quarter worth $190,000. Finally, Jane Street Group LLC acquired a new position in shares of Southern California Bancorp during the third quarter valued at $202,000. 55.40% of the stock is owned by institutional investors and hedge funds.

Southern California Bancorp Trading Up 0.6 %

NASDAQ BCAL opened at $15.17 on Monday. Southern California Bancorp has a 1-year low of $12.30 and a 1-year high of $18.49. The company has a 50 day moving average of $16.90 and a 200-day moving average of $15.39. The firm has a market cap of $488.02 million, a price-to-earnings ratio of -189.63 and a beta of 1.12.

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.