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

Greene County Bancorp, Inc. (NASDAQ:GCBC) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 47,000 shares, a drop of 11.5% from the December 15th total of 53,100 shares. Based on an average trading volume of 20,000 shares, the short-interest ratio is currently 2.4 days. Approximately 0.7% of the shares of the company are sold short.

Greene County Bancorp Price Performance

Shares of GCBC traded up $0.51 during trading hours on Friday, reaching $26.95. The company had a trading volume of 19,991 shares, compared to its average volume of 21,810. The firm has a 50 day simple moving average of $29.75 and a 200-day simple moving average of $30.75. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $458.96 million, a price-to-earnings ratio of 18.59 and a beta of 0.46. Greene County Bancorp has a 12-month low of $24.10 and a 12-month high of $37.25.

Insider Transactions at Greene County Bancorp

In related news, CFO Nick Barzee purchased 892 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was acquired at an average price of $28.57 per share, for a total transaction of $25,484.44. Following the acquisition, the chief financial officer now directly owns 900 shares of the company’s stock, valued at $25,713. This trade represents a 11,150.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Tejraj S. Hada purchased 2,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was bought at an average price of $28.00 per share, with a total value of $56,000.00. Following the acquisition, the director now directly owns 8,651 shares in the company, valued at approximately $242,228. This represents 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.

Hedge Funds Weigh In On Greene County Bancorp

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in shares of Greene County Bancorp by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after purchasing an additional 2,458 shares in the last quarter. State Street Corp increased its holdings in Greene County Bancorp by 9.0% during 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 acquiring an additional 10,152 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Greene County Bancorp by 13.7% during 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 acquiring an additional 7,814 shares in the last quarter. Bank of New York Mellon Corp increased its holdings 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 valued at $760,000 after acquiring an additional 300 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings 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 valued at $493,000 after acquiring an additional 6,517 shares in the last quarter. Hedge funds and other institutional investors own 13.39% of the company’s stock.

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.