Important Short Interest Filing: Bsb Bancorp Incorporated (NASDAQ:BLMT)’s Stock Is Buy After Less Market Selling

November 25, 2016 - By Nellie Frank   ·   0 Comments

Important Short Interest Filing: Bsb Bancorp Incorporated (NASDAQ:BLMT)'s Stock Is Buy After Less Market Selling

The stock of Bsb Bancorp Incorporated (NASDAQ:BLMT) registered a decrease of 2.09% in short interest. BLMT’s total short interest was 346,700 shares in November as published by FINRA. Its down 2.09% from 354,100 shares, reported previously. With 7,800 shares average volume, it will take short sellers 44 days to cover their BLMT’s short positions. The short interest to Bsb Bancorp Incorporated’s float is 5.14%. The stock decreased 0.19% or $0.05 during the last trading session, hitting $26.7. About 23,844 shares traded hands or 59.63% up from the average. BSB Bancorp Inc (NASDAQ:BLMT) has risen 13.98% since April 22, 2016 and is uptrending. It has outperformed by 8.57% the S&P500.

BSB Bancorp, Inc. is a bank holding firm of Belmont Savings Bank (the Bank). The company has a market cap of $245.32 million. The Company’s Belmont Savings Bank is a chartered savings bank. It has a 22.31 P/E ratio. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from activities and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.

Insitutional Activity: The institutional sentiment increased to 1.46 in Q2 2016. Its up 0.03, from 1.43 in 2016Q1. The ratio increased, as 1 funds sold all BSB Bancorp Inc shares owned while 13 reduced positions. 3 funds bought stakes while 17 increased positions. They now own 4.29 million shares or 0.01% more from 4.29 million shares in 2016Q1.
Fj Cap Mgmt Limited Liability Company holds 185,000 shares or 0.83% of its portfolio. Tiaa Cref Mgmt accumulated 0% or 25,559 shares. Endeavour Advsr last reported 230,689 shares in the company. Moreover, California State Teachers Retirement Sys has 0% invested in BSB Bancorp Inc (NASDAQ:BLMT) for 16,790 shares. California Employees Retirement has 20,000 shares for 0% of their US portfolio. Bank Of America Corp De last reported 2,053 shares in the company. Teachers Advsrs last reported 0% of its portfolio in the stock. Stieven Cap Advsr Limited Partnership accumulated 230,206 shares or 1.45% of the stock. Kennedy has invested 0.05% of its portfolio in BSB Bancorp Inc (NASDAQ:BLMT). Morgan Stanley accumulated 0% or 4,621 shares. Parametric Associate Ltd Liability Corporation has 0% invested in the company for 8,918 shares. Bridgeway Capital Management Incorporated has 69,933 shares for 0.02% of their US portfolio. Gp Incorporated last reported 4,646 shares in the company. The Delaware-based Blackrock Advisors has invested 0% in BSB Bancorp Inc (NASDAQ:BLMT). Spark Investment Management Limited Liability Company has invested 0.03% of its portfolio in BSB Bancorp Inc (NASDAQ:BLMT).

BLMT Company Profile

BSB Bancorp, Inc. (BSB Bancorp), incorporated on June 2, 2011, is a bank holding firm of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from activities and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans (automobile loans assigned to it by automobile dealerships), commercial business loans, construction loans and investment securities. The Bank also makes other consumer loans and second mortgage loans. The Bank offers a range of deposit accounts, including relationship checking accounts for clients and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, Interest on Lawyer Trust Accounts (IOLTA), commercial, municipal and regular checking accounts, and Individual Retirement Accounts (IRAs). The Bank offers a range of commercial and retail banking services, which include cash management, online and mobile banking, and global payments and foreign exchange. The Bank conducts activities from over six full service branch offices located in Belmont, Watertown, Waltham, Newton and Cambridge in Southeast Middlesex County, Massachusetts. The Company’s primary lending market includes Essex, Middlesex, Norfolk and Suffolk Counties, Massachusetts.

Another recent and important BSB Bancorp Inc (NASDAQ:BLMT) news was published by Prnewswire.com which published an article titled: “BSB Bancorp, Inc. Reports Third Quarter Results – Year Over Year Earnings …” on October 20, 2016.

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By Nellie Frank

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