Is Buying CAMBRIDGE BANCORP (OTCMKTS:CATC), Having Higher Short Interest a Winning Strategy?

September 17, 2017 - By Marry Poplack

The stock of CAMBRIDGE BANCORP (OTCMKTS:CATC) registered an increase of 300% in short interest. CATC’s total short interest was 400 shares in September as published by FINRA. Its up 300% from 100 shares, reported previously. With 1,500 shares average volume, it will take short sellers 0 days to cover their CATC’s short positions.

It closed at $71.25 lastly. It is down 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Cambridge Bancorp is a bank holding company. The company has market cap of $280.76 million. The Company’s segment is community banking business, which consists of commercial banking, consumer banking, and trust and investment management services. It currently has negative earnings. Cambridge Trust Company is a subsidiary of the Company.

More notable recent Cambridge Bancorp (OTCMKTS:CATC) news were published by: Businesswire.com which released: “Cambridge Trust Company Recruits Harvard Management Company Managing Director …” on January 26, 2017, also Businesswire.com with their article: “Cambridge Bancorp CEO Denis K. Sheahan, and CFO Michael F. Carotenuto to …” published on May 11, 2017, Businesswire.com published: “Cambridge Trust Company Appoints Michael F. Carotenuto as New Chief Financial …” on November 15, 2016. More interesting news about Cambridge Bancorp (OTCMKTS:CATC) were released by: Businesswire.com and their article: “Cambridge Bancorp CEO, Denis K. Sheahan, and CFO, Albert R. Rietheimer, to …” published on November 10, 2016 as well as Businesswire.com‘s news article titled: “Cambridge Trust Company Announces Participation in City of Cambridge’s Early …” with publication date: April 27, 2017.

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