Blue Foundry Bancorp (NASDAQ:BLFY – Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 531,700 shares, a decline of 7.4% from the March 31st total of 573,900 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average daily trading volume, of 55,300 shares, the days-to-cover ratio is presently 9.6 days.
Blue Foundry Bancorp Trading Down 1.5 %
Shares of Blue Foundry Bancorp stock traded down $0.13 during trading hours on Monday, reaching $8.65. 24,065 shares of the company were exchanged, compared to its average volume of 53,297. Blue Foundry Bancorp has a 1 year low of $7.08 and a 1 year high of $10.80. The stock’s fifty day moving average is $8.92 and its 200 day moving average is $9.01. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.12.
Institutional Trading of Blue Foundry Bancorp
Large investors have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in shares of Blue Foundry Bancorp during the third quarter worth $91,000. Wittenberg Investment Management Inc. purchased a new stake in shares of Blue Foundry Bancorp during the third quarter worth $188,000. Strs Ohio increased its position in shares of Blue Foundry Bancorp by 13.6% during the third quarter. Strs Ohio now owns 60,300 shares of the company’s stock worth $504,000 after acquiring an additional 7,200 shares during the period. Park Avenue Securities LLC purchased a new stake in shares of Blue Foundry Bancorp during the first quarter worth $505,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Blue Foundry Bancorp during the fourth quarter worth $2,000,000. Hedge funds and other institutional investors own 56.52% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Analysis on BLFY
Blue Foundry Bancorp Company Profile
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit.
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