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Can Bancorp New Jersey Incorporated (NYSEAMERICAN:BKJ)’s Tomorrow be Different? The Stock Had Increase in Shorts

December 8, 2017 - By Nellie Frank

 Can Bancorp New Jersey Incorporated (NYSEAMERICAN:BKJ)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of Bancorp New Jersey Incorporated (NYSEAMERICAN:BKJ) registered an increase of 23.48% in short interest. BKJ’s total short interest was 16,300 shares in December as published by FINRA. Its up 23.48% from 13,200 shares, reported previously. With 1,400 shares average volume, it will take short sellers 12 days to cover their BKJ’s short positions.

The stock decreased 0.55% or $0.1 during the last trading session, reaching $18.05. About 211 shares traded. Bancorp Of New Jersey, Inc. (NYSEAMERICAN:BKJ) has risen 44.70% since December 8, 2016 and is uptrending. It has outperformed by 28.00% the S&P500.

Bancorp of New Jersey, Inc. operates as a bank holding firm of Bank of New Jersey that provides banking services to individuals, businesses, non-profit organizations, and governmental units. The company has market cap of $124.09 million. The firm offers various deposit products, including interest and noninterest checking, passbook savings, and money market accounts; and savings, demand, and money market deposits, as well as time deposits, such as certificates of deposit and individual retirement accounts. It has a 25 P/E ratio. It also provides commercial construction, line of credit, and commercial mortgage loans for providing working capital primarily for construction, financing the purchase of an income producing property, purchase of equipment or inventory, and other business purposes; commercial real estate loans comprising loans secured by commercial or residential real property, and loans for the construction of commercial or residential investment property; and commercial and consumer loans, and home equity loans.

More important recent Bancorp Of New Jersey, Inc. (NYSEAMERICAN:BKJ) news were published by: Globenewswire.com which released: “Bancorp of New Jersey, Inc. Declares Special Cash Dividend” on December 06, 2017, also Globenewswire.com published article titled: “Bancorp of New Jersey Reports 2017 Third Quarter and Year to Date Financial …”, Globenewswire.com published: “Bancorp of New Jersey announces a 5% Stock Dividend” on June 26, 2017. More interesting news about Bancorp Of New Jersey, Inc. (NYSEAMERICAN:BKJ) was released by: Globenewswire.com and their article: “Bancorp of New Jersey, Inc. Announces First Quarter Earnings” with publication date: May 10, 2017.

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