Short Interest in Timberland Bancorp, Inc. (NASDAQ:TSBK) Expands By 47.6%

Timberland Bancorp, Inc. (NASDAQ:TSBK) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 21,400 shares, a growth of 47.6% from the February 13th total of 14,500 shares. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.3% of the company’s stock are short sold.

Timberland Bancorp Trading Up 2.3 %

Shares of Timberland Bancorp stock opened at $30.11 on Friday. The company has a market capitalization of $239.56 million, a P/E ratio of 9.74 and a beta of 0.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 0.98. The company has a fifty day moving average of $30.07 and a 200 day moving average of $30.68. Timberland Bancorp has a fifty-two week low of $23.93 and a fifty-two week high of $33.98.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.86 EPS for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%.

Timberland Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend was Friday, February 14th. Timberland Bancorp’s payout ratio is 32.36%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, February 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TSBK. Deutsche Bank AG purchased a new stake in Timberland Bancorp in the 4th quarter worth about $76,000. Bridgeway Capital Management LLC raised its position in Timberland Bancorp by 0.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 142,706 shares of the savings and loans company’s stock worth $4,354,000 after purchasing an additional 705 shares during the period. Bank of America Corp DE raised its position in Timberland Bancorp by 14.3% in the 4th quarter. Bank of America Corp DE now owns 17,767 shares of the savings and loans company’s stock worth $542,000 after purchasing an additional 2,220 shares during the period. Northern Trust Corp raised its position in Timberland Bancorp by 3.0% in the 4th quarter. Northern Trust Corp now owns 71,632 shares of the savings and loans company’s stock worth $2,185,000 after purchasing an additional 2,066 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in Timberland Bancorp by 158.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,053 shares of the savings and loans company’s stock worth $32,000 after purchasing an additional 645 shares during the period. Institutional investors own 65.49% of the company’s stock.

About Timberland Bancorp

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.