Shorts On Watch: After Reaching Milestone, Is Territorial Bancorp Incorporated (NASDAQ:TBNK)’s Short Interest Revealing Something?

November 17, 2016 - By Nellie Frank   ·   0 Comments

Shorts On Watch: After Reaching Milestone, Is Territorial Bancorp Incorporated (NASDAQ:TBNK)’s Short Interest Revealing Something?

The stock of Territorial Bancorp Incorporated (NASDAQ:TBNK) registered a decrease of 11.08% in short interest. TBNK’s total short interest was 84,300 shares in November as published by FINRA. Its down 11.08% from 94,800 shares, reported previously. With 31,400 shares average volume, it will take short sellers 3 days to cover their TBNK’s short positions. The short interest to Territorial Bancorp Incorporated’s float is 1.2%. The stock closed at $30.52 during the last session. It is down 20.78% since April 15, 2016 and is uptrending. It has outperformed by 16.15% the S&P500.

Territorial Bancorp Inc. is a bank holding company. The company has a market cap of $295.87 million. The Firm owns Territorial Savings Bank . It has a 18.14 P/E ratio. The Bank provides financial services to individuals, families and businesses through its approximately 30 banking offices located throughout the State of Hawaii.

Insitutional Activity: The institutional sentiment decreased to 1.36 in Q2 2016. Its down 0.03, from 1.39 in 2016Q1. The ratio fall, as 3 funds sold all Territorial Bancorp Inc shares owned while 25 reduced positions. 9 funds bought stakes while 29 increased positions. They now own 4.08 million shares or 4.66% less from 4.28 million shares in 2016Q1.
Rhumbline Advisers reported 11,736 shares or 0% of all its holdings. Deutsche Retail Bank Ag reported 28,330 shares or 0% of all its holdings. Hillsdale Inv Mngmt Inc holds 0% of its portfolio in Territorial Bancorp Inc (NASDAQ:TBNK) for 130 shares. Tower Research Ltd Liability Corporation (Trc) has 0% invested in the company for 216 shares. The United Kingdom-based Barclays Public Limited Liability Co has invested 0% in Territorial Bancorp Inc (NASDAQ:TBNK). Clover Prns Lp reported 135,950 shares or 1.42% of all its holdings. Alliancebernstein Limited Partnership holds 0% of its portfolio in Territorial Bancorp Inc (NASDAQ:TBNK) for 79,035 shares. Legal And General Gp Public Limited Co last reported 1,255 shares in the company. Qs Investors Limited owns 3,996 shares or 0% of their US portfolio. Menta Cap Limited Liability Company has invested 0.07% of its portfolio in Territorial Bancorp Inc (NASDAQ:TBNK). Morgan Stanley has invested 0% of its portfolio in Territorial Bancorp Inc (NASDAQ:TBNK). Us State Bank De has 0% invested in the company for 11,700 shares. Federated Investors Pa owns 32,514 shares or 0% of their US portfolio. Manufacturers Life The holds 7,916 shares or 0% of its portfolio. Jacobs Levy Equity Incorporated last reported 0.01% of its portfolio in the stock.

Insider Transactions: Since September 1, 2016, the stock had 0 insider purchases, and 7 insider sales for $955,225 net activity. 4,050 shares with value of $116,730 were sold by Nakatsuka Ralph Y on Wednesday, September 21. 689 shares were sold by Miyamoto Melvin M, worth $20,042. 4,141 shares were sold by Ikeda Howard Y, worth $119,004 on Thursday, September 15. Murakami David S sold $116,263 worth of stock or 4,000 shares. Tanaka Francis E. sold $7,104 worth of stock or 247 shares. Hirata Vernon sold $203,194 worth of Territorial Bancorp Inc (NASDAQ:TBNK) on Thursday, September 8. $372,888 worth of Territorial Bancorp Inc (NASDAQ:TBNK) was sold by Kitagawa Allan S on Thursday, September 1.

Territorial Bancorp Inc (NASDAQ:TBNK) Ratings Coverage

Out of 3 analysts covering Territorial Bancorp Inc (NASDAQ:TBNK), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Territorial Bancorp Inc has been the topic of 4 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, April 29 by Compass Point. On Friday, August 7 the stock rating was initiated by Compass Point with “Buy”.

TBNK Company Profile

Territorial Bancorp Inc., incorporated on November 3, 2008, is a bank holding company. The Firm owns Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its approximately 30 banking offices located throughout the State of Hawaii. The Company’s business consists primarily of accepting deposits from the general public and investing those deposits together with funds generated from activities and borrowings in one- to four-family residential mortgage loans and investment securities. The Bank offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit (CDs), money market accounts, and commercial and regular checking accounts. Through its subsidiary, Territorial Financial Services, Inc., the Bank engages in insurance agency activities. It also offers various non-deposit investments to its customers, including annuities and mutual funds, through a third-party broker-dealer.

More news for Territorial Bancorp Inc (NASDAQ:TBNK) were recently published by: Globenewswire.com, which released: “Territorial Bancorp Inc. Announces Second Quarter 2016 Results” on July 29, 2016. Globenewswire.com‘s article titled: “Territorial Bancorp Inc. Announces Third Quarter 2016 Results” and published on October 27, 2016 is yet another important article.

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By Nellie Frank


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