Croghan Bancshares, Inc. (OTCMKTS:CHBH) Sees Significant Growth in Short Interest

Croghan Bancshares, Inc. (OTCMKTS:CHBH) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 28 shares. Based on an average daily volume of 348 shares, the days-to-cover ratio is presently 0.1 days.

Croghan Bancshares Price Performance

Shares of OTCMKTS CHBH traded down $0.05 during midday trading on Friday, hitting $76.00. 400 shares of the company’s stock traded hands, compared to its average volume of 895. Croghan Bancshares has a 1 year low of $49.76 and a 1 year high of $78.00. The firm has a fifty day moving average of $72.25 and a 200 day moving average of $64.09.

Institutional Trading of Croghan Bancshares

An institutional investor recently bought a new stake in Croghan Bancshares stock. Compass Financial Management LLC bought a new stake in shares of Croghan Bancshares, Inc. (OTCMKTS:CHBH) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,012 shares of the company’s stock, valued at approximately $62,000.

About Croghan Bancshares

Croghan Bancshares, Inc. is a financial holding company headquartered in Fremont, Ohio. It operates through its principal subsidiary, Croghan Colonial Bank, a community bank serving individuals, families, businesses, and organizations in northwestern Ohio. Croghan Colonial Bank provides a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate financing, and business loans.