Guaranty Bancorp (NASDAQ:GBNK) Stock Is Shorted Less

January 19, 2018 - By Hazel Jackson

 Guaranty Bancorp (NASDAQ:GBNK) Stock Is Shorted Less

Investors sentiment increased to 2.26 in Q3 2017. Its up 0.49, from 1.77 in 2017Q2. It increased, as 6 investors sold Guaranty Bancorp shares while 17 reduced holdings. 14 funds opened positions while 38 raised stakes. 20.29 million shares or 2.45% more from 19.81 million shares in 2017Q2 were reported.
Jefferies Group Ltd Company, a New York-based fund reported 8,059 shares. Manufacturers Life Ins The has invested 0% in Guaranty Bancorp (NASDAQ:GBNK). Cubist Systematic Strategies Ltd Liability Company has 7,958 shares for 0.01% of their portfolio. 273,060 are owned by Wedge Cap Mgmt L L P Nc. Moreover, Citadel Advsr Limited Co has 0% invested in Guaranty Bancorp (NASDAQ:GBNK). 61,717 are owned by Tiaa Cref Inv Mngmt. Swiss Fincl Bank reported 40,200 shares. Nationwide Fund Advsr holds 0% of its portfolio in Guaranty Bancorp (NASDAQ:GBNK) for 14,293 shares. Moreover, Patriot Fin Prns Lp has 23.64% invested in Guaranty Bancorp (NASDAQ:GBNK). Morgan Stanley has invested 0% of its portfolio in Guaranty Bancorp (NASDAQ:GBNK). Moreover, Paradigm Asset Management Co Limited has 0.08% invested in Guaranty Bancorp (NASDAQ:GBNK) for 10,900 shares. The New York-based First Manhattan Company has invested 0% in Guaranty Bancorp (NASDAQ:GBNK). Ranger Inv Management Lp invested in 92,520 shares. Panagora Asset Mngmt, a Massachusetts-based fund reported 246,379 shares. 878 are owned by Meeder Asset Mgmt.

Since July 31, 2017, it had 0 buys, and 4 sales for $5.98 million activity. WYCOFF W KIRK sold 118,100 shares worth $3.44M. Another trade for 3,120 shares valued at $82,618 was made by Erickson Christopher E on Wednesday, August 2.

The stock of Guaranty Bancorp (NASDAQ:GBNK) registered a decrease of 20.34% in short interest. GBNK’s total short interest was 439,700 shares in January as published by FINRA. Its down 20.34% from 552,000 shares, reported previously. With 158,300 shares average volume, it will take short sellers 3 days to cover their GBNK’s short positions. The short interest to Guaranty Bancorp’s float is 2%.

The stock increased 1.03% or $0.3 during the last trading session, reaching $29.3. About 140,590 shares traded or 39.70% up from the average. Guaranty Bancorp (NASDAQ:GBNK) has risen 55.26% since January 19, 2017 and is uptrending. It has outperformed by 38.56% the S&P500.

Guaranty Bancorp operates as the bank holding firm for Guaranty Bank and Trust Company that provides various banking and other financial services to consumers, and small to medium-sized businesses. The company has market cap of $856.77 million. The firm accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit. It has a 22.03 P/E ratio. It also offers loan products, including commercial, commercial and residential real estate, construction, agriculture, and small business administration loans, as well as installment loans to individuals and other consumer loans that include overdraft protection, lines of credit, and other consumer loans.

Guaranty Bancorp (NASDAQ:GBNK) Ratings Coverage

Among 7 analysts covering Guaranty Bancorp (NASDAQ:GBNK), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Guaranty Bancorp had 13 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Thursday, August 13 by FIG Partners. The firm earned “Outperform” rating on Tuesday, April 12 by Wood. As per Wednesday, October 18, the company rating was maintained by Keefe Bruyette & Woods. As per Tuesday, July 11, the company rating was downgraded by Piper Jaffray. The stock of Guaranty Bancorp (NASDAQ:GBNK) has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was maintained by Piper Jaffray with “Hold” on Thursday, October 5. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The stock of Guaranty Bancorp (NASDAQ:GBNK) has “Hold” rating given on Thursday, July 20 by Keefe Bruyette & Woods. PiperJaffray downgraded Guaranty Bancorp (NASDAQ:GBNK) on Tuesday, July 11 to “Neutral” rating. The firm earned “Buy” rating on Thursday, October 27 by Sandler O’Neill.

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