Could Bryn Mawr Bank Corporation (NASDAQ:BMTC) Go Down After Its Newest Short Interest Report?

May 18, 2018 - By John Moody

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Logo

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.09, from 1.18 in 2017Q3. It improved, as 5 investors sold Bryn Mawr Bank Corporation shares while 43 reduced holdings. 15 funds opened positions while 46 raised stakes. 14.31 million shares or 6.37% more from 13.46 million shares in 2017Q3 were reported.
Tower Research Cap Lc (Trc) accumulated 220 shares. Mutual Of America Cap Mngmt holds 155,304 shares. Lord Abbett & Limited Liability Co invested in 0.02% or 122,055 shares. Polaris Cap Lc owns 0.1% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 43,597 shares. First Republic Investment Management invested 0% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Clearbridge Invs Ltd invested in 150 shares or 0% of the stock. Bryn Mawr invested in 106,616 shares or 0.26% of the stock. Moreover, Royal National Bank & Trust Of Canada has 0% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Dean Investment Assoc Limited Liability Co reported 67,336 shares. 53,763 were accumulated by Jpmorgan Chase & Com. Zacks Inv Mngmt, Illinois-based fund reported 26,160 shares. 12,081 were accumulated by Susquehanna International Group Ltd Liability Partnership. Philadelphia Tru reported 264,229 shares or 0.92% of all its holdings. Parallax Volatility Advisers Limited Partnership reported 0% stake. Walthausen & Ltd Liability reported 1.11% in Bryn Mawr Bank Corporation (NASDAQ:BMTC).

Since February 5, 2018, it had 2 insider purchases, and 2 insider sales for $144,799 activity. On Thursday, February 8 the insider Clement Michael Joseph bought $122,763. $157,620 worth of Bryn Mawr Bank Corporation (NASDAQ:BMTC) shares were sold by HOLLAND WENDELL F. Shares for $155,935 were sold by Jenkins Scott Mahaley.

The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) registered a decrease of 29.89% in short interest. BMTC’s total short interest was 99,200 shares in May as published by FINRA. Its down 29.89% from 141,500 shares, reported previously. With 79,000 shares average volume, it will take short sellers 1 days to cover their BMTC’s short positions. The short interest to Bryn Mawr Bank Corporation’s float is 0.59%.

The stock increased 0.65% or $0.3 during the last trading session, reaching $46.25. About 66,194 shares traded or 10.82% up from the average. Bryn Mawr Bank Corporation (NASDAQ:BMTC) has risen 13.18% since May 18, 2017 and is uptrending. It has outperformed by 1.63% the S&P500.

Bryn Mawr Bank Corporation operates as the bank holding firm for The Bryn Mawr Trust Company that provides commercial and retail banking services to individuals and businesses. The company has market cap of $937.29 million. It accepts deposit products, such as non-interest-bearing demand deposits, savings, NOW accounts, and market rate accounts. It has a 35.04 P/E ratio. The companyÂ’s loan and lease portfolio comprises commercial and residential mortgage construction, commercial and industrial, and consumer loans, as well as home equity lines and loans; and leasing services.

More news for Bryn Mawr Bank Corporation (NASDAQ:BMTC) were recently published by: Nasdaq.com, which released: “Bryn Mawr Bank Corporation Reports Record Quarterly Earnings of $15.3 Million in First Full Quarter with Royal Bank …” on April 19, 2018. Nasdaq.com‘s article titled: “Bryn Mawr Trust Grows its BMT Insurance Advisors Announcing the Acquisition of Domenick & Associates” and published on May 01, 2018 is yet another important article.

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Institutional Positions Chart

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