Shorts On Watch: What’s Ahead for Wayne Savings Bancshares Incorporated (NASDAQ:WAYN) After Less Shorted Shares?

November 21, 2016 - By Darrin Black   ·   0 Comments

Shorts On Watch: What’s Ahead for Wayne Savings Bancshares Incorporated (NASDAQ:WAYN) After Less Shorted Shares?

The stock of Wayne Savings Bancshares Incorporated (NASDAQ:WAYN) registered a decrease of 33.33% in short interest. WAYN’s total short interest was 1,200 shares in November as published by FINRA. Its down 33.33% from 1,800 shares, reported previously. With 1,000 shares average volume, it will take short sellers 1 days to cover their WAYN’s short positions. The short interest to Wayne Savings Bancshares Incorporated’s float is 0.05%. About 13 shares traded hands. Wayne Savings Bancshares, Inc (NASDAQ:WAYN) has risen 16.31% since April 19, 2016 and is uptrending. It has outperformed by 12.45% the S&P500.

Wayne Savings Bancshares, Inc. is the unitary thrift holding firm for Wayne Savings Community Bank . The company has a market cap of $40.20 million. The Bank is a community-oriented institution, which offers a range of consumer and business financial services. It has a 16.05 P/E ratio. The Bank’s primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties, where it operates over 10 offices.

Insitutional Activity: The institutional sentiment is 1.33 in 2016 Q2. Its the same as in 2016Q1. The ratio is the same, as 3 funds sold all Wayne Savings Bancshares, Inc shares owned while 0 reduced positions. only 0 funds bought stakes while 4 increased positions. They now own 289,335 shares or 2.91% less from 298,016 shares in 2016Q1.
Raffles Associate L P owns 94,005 shares or 1.22% of their US portfolio. Moreover, Wells Fargo And Mn has 0% invested in Wayne Savings Bancshares, Inc (NASDAQ:WAYN) for 321 shares. Blackrock Investment Mgmt Limited Liability Corp reported 428 shares or 0% of all its holdings. Alliancebernstein Ltd Partnership last reported 0% of its portfolio in the stock. Dimensional Fund Lp reported 45,700 shares or 0% of all its holdings. Glenmede Commerce Na holds 0% of its portfolio in Wayne Savings Bancshares, Inc (NASDAQ:WAYN) for 2,125 shares. Blackrock Fund holds 0% of its portfolio in Wayne Savings Bancshares, Inc (NASDAQ:WAYN) for 625 shares. California Public Employees Retirement Sys last reported 0% of its portfolio in the stock. Tower Research Cap Ltd Liability Corp (Trc) has 0% invested in the company for 270 shares. Moreover, First Manhattan Company has 0% invested in Wayne Savings Bancshares, Inc (NASDAQ:WAYN) for 48,601 shares. Huntington Commercial Bank, a Ohio-based fund reported 4,700 shares. Ladenburg Thalmann Fin Inc owns 3,599 shares or 0% of their US portfolio.

WAYN Company Profile

Wayne Savings Bancshares, Inc., incorporated on September 19, 2001, is the unitary thrift holding firm for Wayne Savings Community Bank (the Bank). The Bank is a community-oriented institution, which offers a range of consumer and business financial services to the local community. The Bank’s primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties, where it operates over 10 offices. The Bank’s principal business activities consist of originating one- to four-family residential real estate loans, multi-family residential, commercial and non-residential real estate loans. The Bank also originates non-real estate, secured commercial loans, consumer loans and construction loans. The Bank also invests in mortgage-backed securities, obligations issued by state and political subdivisions, and a small position of private-label collateralized mortgage obligations and other liquid investments, such as the United States Government securities, federal funds, and deposits in other financial institutions.

More recent Wayne Savings Bancshares, Inc (NASDAQ:WAYN) news were published by: Globenewswire.com which released: “Wayne Savings Bancshares, Inc. Announces the Appointment of H. Stewart Fitz …” on October 30, 2014. Also Cleveland.com published the news titled: “Wayne Savings CEO Rodney Steiger to retire from top-rated bank” on March 17, 2014. Cleveland.com‘s news article titled: “PNC Bank reaches four-star strength rating; all local banks now on “recommended”” with publication date: January 06, 2015 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Darrin Black


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>