Glen Burnie Bancorp (NASDAQ:GLBZ – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 6,900 shares, a growth of 122.6% from the February 13th total of 3,100 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 6,200 shares, the short-interest ratio is currently 1.1 days.
Hedge Funds Weigh In On Glen Burnie Bancorp
An institutional investor recently bought a new position in Glen Burnie Bancorp stock. JPMorgan Chase & Co. purchased a new stake in shares of Glen Burnie Bancorp (NASDAQ:GLBZ – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,000 shares of the financial services provider’s stock, valued at approximately $28,000. JPMorgan Chase & Co. owned 0.17% of Glen Burnie Bancorp at the end of the most recent reporting period. Institutional investors and hedge funds own 9.78% of the company’s stock.
Glen Burnie Bancorp Price Performance
NASDAQ GLBZ traded down $0.05 during mid-day trading on Friday, reaching $5.00. The stock had a trading volume of 207 shares, compared to its average volume of 6,509. Glen Burnie Bancorp has a 1 year low of $3.37 and a 1 year high of $6.99. The stock has a market cap of $14.51 million, a PE ratio of -125.00 and a beta of 0.63. The company has a fifty day moving average price of $5.15 and a 200 day moving average price of $5.49.
Glen Burnie Bancorp Company Profile
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.
See Also
- Five stocks we like better than Glen Burnie Bancorp
- How to find penny stocks to invest and trade
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Earnings Per Share Calculator: How to Calculate EPS
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is a Bond Market Holiday? How to Invest and Trade
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Glen Burnie Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glen Burnie Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.