Logansport Financial Corp. (OTCMKTS:LOGN – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 433 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 567 shares, the short-interest ratio is presently 0.8 days.
Institutional Trading of Logansport Financial
A number of hedge funds have recently bought and sold shares of the company. Corient Private Wealth LP bought a new position in Logansport Financial in the second quarter valued at about $472,000. denkapparat Operations GmbH purchased a new position in Logansport Financial in the second quarter worth about $540,000. Finally, QRG Capital Management Inc. bought a new stake in shares of Logansport Financial during the 2nd quarter valued at about $1,000,000.
Logansport Financial Trading Down 3.2%
LOGN stock traded down $1.22 on Thursday, hitting $37.00. The company had a trading volume of 305 shares, compared to its average volume of 623. Logansport Financial has a 12-month low of $29.55 and a 12-month high of $38.54. The stock has a market cap of $22.94 million, a price-to-earnings ratio of 11.25 and a beta of 0.20. The stock’s 50-day simple moving average is $36.88 and its 200 day simple moving average is $34.05.
Logansport Financial (OTCMKTS:LOGN – Get Free Report) last announced its earnings results on Friday, July 24th. The company reported $0.82 earnings per share for the quarter. The company had revenue of $2.62 million for the quarter.
About Logansport Financial
Logansport Financial Corporation is a bank holding company based in Logansport, Indiana. Through its subsidiary, Logansport Savings Bank, the company provides community banking services to individuals, families and businesses.
Logansport Savings Bank’s services include deposit accounts, consumer and commercial lending, residential real estate loans, and other traditional banking products. The bank serves customers primarily in Logansport and surrounding communities in north-central Indiana through its local banking operations.
As a community-focused financial institution, Logansport Financial emphasizes relationship banking and serving the financial needs of its local market.
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