Lyons Bancorp, Inc. (OTCMKTS:LYBC) Sees Significant Increase in Short Interest

Lyons Bancorp, Inc. (OTCMKTS:LYBCGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 323 shares, a growth of 130.7% from the July 30th total of 140 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,223 shares, the days-to-cover ratio is currently 0.3 days.

Lyons Bancorp Price Performance

Shares of LYBC traded up $4.90 during trading hours on Friday, hitting $64.00. The company’s stock had a trading volume of 3,455 shares, compared to its average volume of 510. The business has a 50 day simple moving average of $56.53 and a two-hundred day simple moving average of $52.93. Lyons Bancorp has a 52-week low of $41.72 and a 52-week high of $64.99. The company has a market cap of $213.76 million, a price-to-earnings ratio of 9.52 and a beta of -0.14.

Lyons Bancorp (OTCMKTS:LYBCGet Free Report) last announced its quarterly earnings results on Friday, July 24th. The company reported $1.71 EPS for the quarter. The business had revenue of $20.46 million for the quarter.

Hedge Funds Weigh In On Lyons Bancorp

A hedge fund recently bought a new stake in Lyons Bancorp stock. Pinnacle Holdings LLC purchased a new stake in Lyons Bancorp, Inc. (OTCMKTS:LYBCFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 13,189 shares of the company’s stock, valued at approximately $913,000. Pinnacle Holdings LLC owned approximately 0.39% of Lyons Bancorp as of its most recent filing with the Securities & Exchange Commission. 0.33% of the stock is currently owned by institutional investors and hedge funds.

About Lyons Bancorp

(Get Free Report)

Lyons Bancorp, Inc (OTCMKTS: LYBC) is a bank holding company headquartered in Lyons, New York, serving Wayne County and neighboring communities. Through its wholly owned subsidiary, Lyons National Bank, the company delivers a full range of commercial and retail banking services tailored to individuals, small businesses and agricultural clients in upstate New York.

Deposit products include checking, savings and money market accounts, certificates of deposit and individual retirement accounts.

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