Short Interest in Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Grows By 25.0%

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 3,500 shares, a growth of 25.0% from the May 31st total of 2,800 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is presently 1.8 days. Currently, 0.1% of the shares of the stock are sold short.

Pathfinder Bancorp Price Performance

Pathfinder Bancorp stock traded up $0.20 during trading hours on Friday, hitting $13.19. 1,930 shares of the company traded hands, compared to its average volume of 2,350. Pathfinder Bancorp has a 1-year low of $11.41 and a 1-year high of $15.90. The firm has a market cap of $62.26 million, a P/E ratio of 9.29 and a beta of 0.21. The firm’s 50-day simple moving average is $12.58 and its two-hundred day simple moving average is $12.69. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Monday, April 29th. The savings and loans company reported $0.34 EPS for the quarter. The business had revenue of $11.16 million for the quarter. Pathfinder Bancorp had a net margin of 11.50% and a return on equity of 7.47%.

Pathfinder Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Friday, April 19th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date was Thursday, April 18th. This is an increase from Pathfinder Bancorp’s previous quarterly dividend of $0.09. Pathfinder Bancorp’s payout ratio is currently 28.17%.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.