Logansport Financial Corp. (OTCMKTS:LOGN – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 433 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 567 shares, the short-interest ratio is presently 0.8 days.
Institutional Investors Weigh In On Logansport Financial
A number of hedge funds have recently modified their holdings of the business. QRG Capital Management Inc. purchased a new position in Logansport Financial in the 2nd quarter worth approximately $1,000,000. denkapparat Operations GmbH acquired a new position in Logansport Financial during the second quarter worth $540,000. Finally, Corient Private Wealth LP acquired a new position in shares of Logansport Financial during the 2nd quarter valued at about $472,000.
Logansport Financial Price Performance
OTCMKTS LOGN remained flat at $37.00 during mid-day trading on Friday. 305 shares of the company were exchanged, compared to its average volume of 511. The business has a 50-day simple moving average of $36.91 and a 200 day simple moving average of $34.09. The stock has a market cap of $22.94 million, a P/E ratio of 11.25 and a beta of 0.20. Logansport Financial has a 12-month low of $29.55 and a 12-month high of $38.54.
Logansport Financial Company Profile
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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